413 Cumberland Street
413 Cumberland Street
413 Cumberland Street
413 Cumberland Street
413 Cumberland Street
SEE ALL PHOTOS
413 Cumberland Street
413 Cumberland Street
413 Cumberland Street
413 Cumberland Street
413 Cumberland Street
Courtesy of Keller Williams Realty
Sold

413 Cumberland Street

413 Cumberland Street, Rumford, ME 04276

$235,000
Fully occupied four-unit multifamily property with a diverse unit layout consisting of two four-bedroom units and two one-bedroom units. The property is currently operating at an approximate 14.6% cap rate, offering strong in-place performance.

All units are rented, providing immediate income from day one. The mix of larger and smaller apartments supports broad rental demand and operational flexibility. This asset is well suited for an investor seeking a high-yield multifamily property with established cash flow.

A strong income-producing opportunity with stabilized occupancy and compelling returns.

Studio

4
baths

3,483 Sq.Ft. LIVING AREA

4,791.6 Sq.Ft. lot

Eric  Landry

Eric Landry

Features & Amenities

Interior

  • total bedrooms0
  • Total bathrooms4
  • full bathrooms4
  • Flooring Vinyl, Tile

Area & Lot

  • Status Sold
  • Living Area3,483 Sq.Ft.
  • Total Area3,483 Sq.Ft.
  • Lot Area4,791.6 Sq.Ft.
  • MLS® ID1646818
  • TypeMulti-Family
  • YEAR BUILT1920
  • Architecture StylesOther

Exterior

  • water SourcePublic
  • roofFlat
  • lot featuresLevel, Near Town
  • parking1 - 4 Spaces, Common
  • HEAT TYPEHot Water, Baseboard
  • AIR CONDITIONINGNone
  • sewerPublic Sewer

Financial

  • Sales Price$235,000
  • Real Estate Tax $1,823/yr
  • Zoning Res

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