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325 Cumberland Street

Rumford

$350,000

beds   ·   6 baths   ·   4,680 sqft   ·   0.14 acres   ·   taxes: $2,317   ·   MLS#: 1627440

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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1925
  • Style : Other
  • Flooring : Vinyl, Tile
  • Roof : Flat
  • Basement : Interior, Full, Unfinished
  • Heating : Baseboard
  • Cooling : None

Site

  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : Unk
Listing provided by Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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43 Elm Street
Camden, Maine 04843
207.236.6171
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