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About the Listing 1898 - 022093
Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 11.6% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years old. A well-maintained, turnkey investment with proven performance and strong fundamentals.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
1647514
Year Built
1923
Total Square Footage
3,348
Lot/Acreage
0.15
County
Oxford
Interior Details
- Bedrooms: 0
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3348
- Below Ground Sq Ft: 0
- Basement: Interior,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Near Town
- Garage Capacity: N/A
- Zoning: Res
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: 1 - 4 Spaces,Common
Financial Details
- Tax Amount: $1,891
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
48 Essex Ave Rumford, ME 04276
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