207 236 6171   info@camdenre.com
  • PROPERTIES
  • BROKERS
  • BUYERS
  • SELLERS
  • RESOURCES
    • Community
    • Schools
    • To Do & See
    • Company Brochure
  • CONTACT US
  • CALL NOW 207 236 6171
  • properties
  • Brokers
  • Buyers
  • Sellers
  • Community
  • Schools
  • To Do & See
  • Company Brochure
  • CONTACT US
Refine Search
New Search
Map View
Saved Properties (0)
 


request more information

22 Prospect Ave and Spruce St

Rumford

$439,900

beds   ·   6 baths   ·   4,812 sqft   ·   0.26 acres   ·   taxes: $2,299   ·   MLS#: 1634004

Strong-performing 6-unit in the heart of Rumford with rare tenant-paid heat. An excellent value-add opportunity in a steady Oxford County rental market, this well-positioned 6-unit includes three spacious 2-bedroom apartments and three 1-bedroom units. Several units have been refreshed with new flooring and fresh paint, while the building's most notable upgrade replaced the former oil-fired heating system with individual propane monitor heaters—a rare and highly desirable setup in Maine that allows tenants to pay for their own heat. Additional income potential comes from the coin-operated laundry in the basement and a separately deeded adjacent lot currently used for off-street parking. With town water and sewer available, the lot may also offer future development opportunities (buyer to confirm). Situated just minutes from downtown Rumford's shops, restaurants, and community amenities, the property is within reach of outdoor recreation at Black Mountain Ski Resort, the Androscoggin River, and nearby hiking trails—appealing to year-round tenants. With its strong rental history, energy-efficient heating setup, and location in a in-demand area, this property is an ideal choice for investors looking to expand their portfolio without the costs of a full renovation.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1910
  • Style : Other
  • Flooring : Carpet
  • Roof : Flat, Rolled/Hot Mop
  • Basement : Interior, Full, Doghouse, Unfinished
  • Heating : Other Heat System
  • Cooling : None

Site

  • Water Source : Public
  • Sewer : Public Sewer
  • Zoning : Residential
  • Road Surface Type : Paved
Listing provided by Pouliot Real Estate
contact 207-248-6044

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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved.

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.


Virtual Tour

Email this property

* the email will include a link to this page.

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