512 Kennebec Street, Rumford, ME 04276
Local realty services provided by:CENTURY 21 Nason Realty, Inc.
512 Kennebec Street,Rumford, ME 04276
$400,000
- - Beds
- 7 Baths
- 4,368 sq. ft.
- Multi-family
- Pending
Office: elevate maine realty
MLS#:1652664
Source:ME_MREIS
Price summary
- Price:$400,000
- Price per sq. ft.:$91.58
About this home
Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (4) three-bedroom units and (3) two-bedroom units. The property includes one rent-ready vacancy and is currently producing a 9.6% cap rate, offering immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 17% cap rate potential. Recent capital improvements include a roof less than three years old, adding further stability for investors.
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Home facts
- Year built:1922
- Listing ID #:1652664
- Updated:September 10, 2026 at 08:20 AM
Rooms and interior
- Total bathrooms:7
- Full bathrooms:7
- Flooring:Tile, Vinyl, Wood
- Basement Description:Interior Entry, Unfinished
- Living area:4,368 sq. ft.
Heating and cooling
- Heating:Baseboard, Heating, Oil
Structure and exterior
- Roof:Flat
- Year built:1922
- Building area:4,368 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Level, Near Town
- Architectural Style:New Englander
- Construction Materials:Vinyl Siding, Wood Frame
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$400,000
- Price per sq. ft.:$91.58
- Tax amount:$3,686 (2025)
Parking
- Parking description:1 - 4 Spaces, Common
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