|
20 Falmouth Street, Rumford, ME, 04276 | $275,000
This fully renovated 4-unit in the heart of Rumford is a rare find—offering both charm and serious cash flow. Boasting over a 12% cap rate, this property checks all the boxes for both new and seasoned investors. Major upgrades include new siding, porches, and a newer roof/heating system, ensuring low maintenance for years to come.
Each unit is well-maintained, and the building itself is a true standout—one of the most attractive multi-families in the area. Tenants benefit from updated systems and curb appeal, while owners benefit from strong rents and minimal headaches.
Opportunities like this don't last long. Whether you're looking to expand your portfolio or step into your first multifamily with confidence, this property delivers.
Features
- Baths: 4 full
- Units: 4
- Style: Other
- Year Built: 1925
- Heating: Steam
- Cooling: Window Unit(s)
- Basement: Full, Doghouse, Unfinished
- Approx Sq. Feet: 2,088
- Acreage: 0.27
- Est. Taxes: $1,451
- Lot Desc: Level, Sidewalks, Intown, Near Shopping
- MLS#: 1627279
- Website: https://www.raveis.com
/prop/1627279/20falmouthstreet_rumford_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of Keller Williams Realty
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable