154 Essex Avenue, Rumford, ME 04276
Local realty services provided by:CENTURY 21 Nason Realty, Inc.
154 Essex Avenue,Rumford, ME 04276
$225,000
- - Beds
- 4 Baths
- 3,564 sq. ft.
- Multi-family
- Pending
Office: elevate maine realty
MLS#:1652668
Source:ME_MREIS
Price summary
- Price:$225,000
- Price per sq. ft.:$63.13
About this home
Fully occupied 4-unit multifamily offering spacious layouts and exceptional in-place returns. The property features three large three-bedroom units and one one-bedroom unit, providing a highly desirable unit mix with broad tenant appeal. Currently producing a 13% cap rate, the asset delivers immediate, stable cash flow with additional upside potential through future rent growth and operational efficiencies. A rare opportunity to acquire a high-yield, fully occupied property with strong long-term investment fundamentals.
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Home facts
- Year built:1923
- Listing ID #:1652668
- Updated:September 10, 2026 at 08:20 AM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile, Vinyl, Wood
- Basement Description:Full, Interior Entry, Sump Pump, Walk-Out Access
- Living area:3,564 sq. ft.
Heating and cooling
- Heating:Baseboard, Heating, Oil
Structure and exterior
- Roof:Shingle
- Year built:1923
- Building area:3,564 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Level, Near Town, Sidewalks
- Architectural Style:Dutch Colonial
- Construction Materials:Asbestos, Wood Frame
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$63.13
- Tax amount:$2,585 (2025)
Parking
- Parking description:5 - 10 Spaces, Paved
- Garage:Yes
- Garage spaces:2
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