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413-425 Cumberland Street, Rumford, ME, 04276 | $1,225,000
Turnkey investment portfolio offering 22 units across 4 buildings in Rumford, located at 413, 419, 421, and 425 Cumberland Street. The package consists of three 6-unit buildings and one 4-unit building, with a strong unit mix of (2) four-bedrooms, (3) three-bedrooms, (15) two-bedrooms, and (2) one-bedrooms that appeals to a wide tenant base. All properties are situated within a federally designated Opportunity Zone, providing potential tax advantages for investors. With only 1 current vacancy and an impressive 12. 6% cap rate, this portfolio offers immediate turnkey cash flow with long-term upside potential.
Features
- Baths: 22 full
- Units: 22
- Style: New Englander
- Year Built: 1900
- Heating: Baseboard
- Cooling: None
- Basement: Interior, Unfinished
- Approx Sq. Feet: 16,281
- Acreage: 0.47
- Est. Taxes: $7,697
- Lot Desc: Level, Sidewalks, Near Town
- MLS#: 1638845
- Website: https://www.raveis.com
/prop/1638845/413425cumberlandstreet_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
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