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421 Cumberland Street

Rumford

$360,000

beds   ·   6 baths   ·   3,948 sqft   ·   0.09 acres   ·   taxes: $1,916   ·   MLS#: 1652559

Income-producing 6-unit multifamily featuring six (6) 2-bedroom apartments with no vacancies. The consistent unit layout supports strong tenant demand and reliable rent performance. This property is currently operating at an 11.3% cap rate, offering solid cash flow and a stabilized income stream from day one. With all units occupied, this asset is well positioned for investors seeking immediate returns without lease-up risk. A strong fit for buyers looking to add a proven, cash-flowing property to their portfolio or expand existing holdings with a low-friction multifamily investment.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1925
  • Style : Other
  • Flooring : Wood, Vinyl, Other, Laminate
  • Garage Spaces : 0.00
  • Roof : Flat
  • Basement : Interior, Walk-Out Access, Full, Unfinished
  • Heating : Baseboard
  • Cooling : None

Site

  • Water Source : Public
  • Utilities : Utilities On
  • Sewer : Public Sewer
  • Zoning : Res
Listing provided by Elevate Maine 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