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323 Cumberland Street, Rumford, ME 04276

Local realty services provided by:CENTURY 21 Barbara Patterson
323 Cumberland Street,Rumford, ME 04276
$410,000
  • - Beds
  • 8 Baths
  • 6,300 sq. ft.
  • Multi-family
  • Active
Listed by: tyler stewart
Office: keller williams realty
MLS#:1627439
Source:ME_MREIS

Price summary

  • Price:$410,000
  • Price per sq. ft.:$65.08

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:1627439
  • Updated:December 17, 2025 at 08:04 PM

Rooms and interior

  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:6,300 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water

Structure and exterior

  • Year built:1920
  • Building area:6,300 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$410,000
  • Price per sq. ft.:$65.08
  • Tax amount:$2,623 (2024)
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