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  • $350,000

    325 Cumberland Street, Rumford, ME 04276

    15beds
    4,680sqft
    : 
    Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $75/sqft
    $-- HOA

    What's special

    Serious cash flow potential in this 6-unit multifamily on Cumberland Street, delivering an impressive 18%+ cap rate once stabilized. With most units currently vacant—but nearly all rent-ready—this is the perfect opportunity for an investor to step in and start generating income fast. The building features separate electric, a straightforward layout, and strong demand for housing in the area. Whether you're looking to fill the units yourself or bring in a property manager to stabilize quickly, this property offers both scale and simplicity. Rarely do deals hit the market with this much upside and so little lift required to get there. Immediate value, long-term returns—reach out for full financials and a showing before it's gone.
    33 days
    on Zillow
    |
    364
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 19, 2025 at 07:07pm

    Listed by:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1627440MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 325 Cumberland Street.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Vinyl, Tile
    • Basement: Interior,Full,Unfinished
    Interior area
    • Total structure area: 4,680
    • Total interior livable area: 4,680 sqft
    • Finished area above ground: 4,680
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: 1 - 4 Spaces, Concrete
    Features
    • Levels: Multi/Split
    Lot
    • Size: 6,098.4 Square Feet
    • Features: Level, Sidewalks, City Lot
    Details
    • Parcel number: RUMFM113L255
    • Zoning: Unk

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Roof: Flat
    Condition
    • Year built: 1925

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Rumford

    Financial & listing details

    • Price per square foot: $75/sqft
    • Tax assessed value: $99,600
    • Annual tax amount: $2,317
    • Date on market: 6/20/2025
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