$420,000
323 Cumberland Street
Rumford
Listing Courtesy of
Keller Williams Realty
323 Cumberland Street, Rumford, ME 04276
This 8-unit multifamily is a value-add opportunity with real upside—2 units are currently vacant, giving investors a head start on repositioning and boosting rents.
The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units.
Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units.
Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
Listing Courtesy of
Keller Williams Realty
DETAILS
- Listing Id1627439
- StatusActive
- TypeMulti-Family
- SeasonalNo
- Map / Lot113 / 254
- Book / Page5717 / 165-166
- Sq Ft Finished Above Grade6300
- Sq Ft Finished Total6300
- Total Baths8 / 0
- Waste Water DisposalPublic Sewer
- WaterPublic
- Heat SystemBaseboard, Hot Water
- CoolingWindow Unit(s)
- ElectricCircuit Breakers
- BasementFull, Interior, Unfinished
- RoofFlat
- FloorsTile, Vinyl
- GarageNo
- Lot FeaturesIntown, Level, Sidewalks
- Parking Features1 - 4 Spaces, Common
- StyleOther
- Water ViewNo
- Checked For UpdatesMonday, June 30, 2025 at 7:32 PM
- IDX Listing UpdatedFriday, June 20, 2025 at 2:04 AM
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