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About the Listing 3572 - 022093
Turnkey 18-unit multifamily portfolio consisting of three stabilized 6-unit buildings located at 419, 421, and 425 Cumberland Street in Rumford. The portfolio features a desirable unit mix of 15 two-bedroom and 3 three-bedroom apartments, appealing to a broad tenant base. Properties are situated within a federally designated Opportunity Zone. With only one vacancy and strong in-place income, the portfolio delivers an attractive 11% cap rate and immediate cash flow. A rare opportunity to acquire scale in a single transaction with stable operations and long-term upside potential.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
1652555
Year Built
1923
Total Square Footage
12,798
Lot/Acreage
0.36
County
Oxford
Interior Details
- Bedrooms: 0
- Bathrooms: 18 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 12798
- Below Ground Sq Ft: 0
- Basement: Interior,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Sidewalks,Near Town
- Garage Capacity: N/A
- Zoning: Residential
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: 1 - 4 Spaces,Common
Financial Details
- Tax Amount: $2,617
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
419-425 Cumberland St Rumford, ME 04276
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