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325 Cumberland Street, Rumford, ME 04276

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For Sale

$350,000

6 baths • 4,680 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $74.79
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Serious cash flow potential in this 6-unit multifamily on Cumberland Street, delivering an impressive 18%+ cap rate once stabilized. With most units currently vacant but nearly all rent-ready this is the perfect opportunity for an investor to step in and start generating income fast. The building features separate electric, a straightforward layout, and strong demand for housing in the area. Whether you're looking to fill the units yourself or bring in a property manager to stabilize quickly, this property offers both scale and simplicity. Rarely do deals hit the market with this much upside and so little lift required to get there. Immediate value, long-term returns reach out for full financials and a showing before it's gone.
MLS# 1627440

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Tile, Vinyl
  • Heating System
    Baseboard
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 325 Cumberland Street, Rumford, ME 04276

Home seller CENTURY 21 Advantage

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage

(207) 782-2121
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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