413 Cumberland Street, Rumford, ME, 04276

413 Cumberland Street, Rumford, ME, 04276

4 Full baths

1920

Other

3,483 sqft

Fully occupied four-unit multifamily property with a diverse unit layout consisting of two four-bedroom units and two one-bedroom units. The property is currently operating at an approximate 14.6% cap rate, offering strong in-place performance. All units are rented, providing immediate income from day one. The mix of larger and smaller apartments supports broad rental demand and operational flexibility. This asset is well suited for an investor seeking a high-yield multifamily property with established cash flow. A strong income-producing opportunity with stabilized occupancy and compelling returns.


Status:

Pending

Type:

Multi-family

Units:

4

Zoning:

Res

Heating:

Hot Water, Baseboard

Cooling:

None

Basement:

Interior, Full, Unfinished

Parking:

1 - 4 Spaces, Common

Acreage:

0.11

Est. Taxes:

$1,823

Construction

Vinyl Siding, Wood Frame

Lot Description:

Level, Near Town

MLS #:

1646818


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Keller Williams Realty