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


request more information

48 Essex Avenue

Rumford

$300,000

beds   ·   5 baths   ·   3,348 sqft   ·   0.15 acres   ·   taxes: $2,131   ·   MLS#: 1652592

Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 10.5% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years old. A well-maintained, turnkey investment with proven performance and strong fundamentals.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1923
  • Style : Other
  • Flooring : Wood, Vinyl, Tile
  • Garage Spaces : 0.00
  • Roof : Flat
  • Basement : Interior, Full, Unfinished
  • Heating : Hot Water, Baseboard
  • Cooling : None

Site

  • Water Source : Public
  • 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.
© 2026 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