Rare investment package offering 18 total units across two properties located directly across the street from one another in Rumford. The portfolio includes a 12-unit at 93-99 Maine Avenue and a 6-unit at 98 Maine Avenue, with a desirable mix of 6 one-bedrooms, 6 two-bedrooms, and 6 three-bedrooms. With just two vacancies, the properties are currently producing a 9.65% cap rate, with projected upside exceeding 14% through rent increases and value-add improvements. A turnkey opportunity with immediate cash flow and exceptional long-term growth potential.
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.
