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325 Cumberland Street

Rumford

$350,000

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

Cash flow day one with major upside still on the table. This 6-unit multifamily on Cumberland Street is already generating income with 4 of the 6 units leased, delivering a 6% cap rate as-is—with the remaining units rent-ready and poised to push returns significantly higher. The building offers separate electric, a clean, functional layout, and is located in a high-demand rental area. With minimal additional investment, a fully stabilized cap rate north of 18% is within reach, making this an ideal opportunity for investors looking to force appreciation and boost cash flow in short order. Opportunities like this—partially stabilized, easy to finish, and packed with upside—are rare. Request the financials and schedule a showing before this one gets picked up.

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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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy