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About the Listing 1898 - 022093
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.
Listing Highlights for 323 Cumberland St
Status
Active
Days on Site
77
Property Type
Multi-Family
MLS ®
1627439
Year Built
1920
Total Square Footage
6,300
Lot/Acreage
0.14
County
Oxford
Interior Details
- Bedrooms: 0
- Bathrooms: 8 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Hot Water,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 6300
- Below Ground Sq Ft: 0
- Basement: Interior,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Sidewalks,Intown
- Garage Capacity: 1 car
- Zoning: Unk
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: 1 - 4 Spaces,Common
Financial Details
- Tax Amount: $2,623
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
323 Cumberland St Rumford, ME 04276
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