This 8-unit multifamily is a value-add opportunity with real upside—2 units are currently vacant, giving investors a head start on repositioning and boosting rents.
The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units.
Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
Active
$420,000
323 Cumberland Street, Rumford, ME 04276
16beds
6,300sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
- 30 days
- on Zillow |
- 154 |
- 17 |
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