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419 Cumberland Street, Rumford, ME, 04276 | $360,000
Well-performing 6-unit multifamily comprised of six (6) 2-bedroom apartments, all fully occupied and producing immediate, consistent income. The uniform unit mix supports strong rental demand and operational efficiency. The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations. Offered at a 11. 3% cap rate, this asset is well-suited for investors seeking reliable cash flow with minimal disruption. An attractive option for both experienced operators and those looking to acquire a stabilized multifamily property.
Features
- Baths: 6 full
- Units: 6
- Style: Other
- Year Built: 1925
- Heating: Hot Water, Baseboard
- Cooling: None
- Basement: Interior, Unfinished
- Approx Sq. Feet: 4,350
- Acreage: 0.09
- Est. Taxes: $2,087
- Lot Desc: Level, Near Town
- MLS#: 1652557
- Website: https://www.raveis.com
/prop/1652557/419cumberlandstreet_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 Elevate Maine Realty
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