624 Prospect Avenue, Rumford, ME 04276 (MLS # 1612374)
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Unlock the potential of this spacious multi-unit property located in the heart of Rumford. This 7-bedroom, 2-bathroom, 2660sq ft building is ready for the right investor to bring it back to life. Additional parking area off Luxton Ave. Property Highlights: Unit 1: Features 3 bedrooms, offering excellent rental income potential. Unit 2: Includes 4 bedrooms, perfect for a family or roommates. One bathroom is handicap accessible, increasing the building's appeal to a wider tenant base. Prime opportunity for a value-add rehab project to maximize ROI. Why Invest Here? This property is ideal for seasoned investors or those ready to jump into the lucrative world of real estate. With some TLC and updates, this building can become a high-yield rental property in a growing rental market. Rumford offers a blend of charm, community, and outdoor recreation, attracting tenants and buyers alike. 💰 Don't miss out! Contact us today for more details or to schedule a showing. Let's turn this diamond in the rough into a gem that generates lasting returns!
| LAST UPDATED | 1/12/2025 | YEAR BUILT | 1900 |
|---|---|---|---|
| COUNTY | Oxford | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Asbestos, Clapboard |
| HEAT | Baseboard |
| INTERIOR | Other |
| LOT | 0.26 acre(s) |
| LOT DESCRIPTION | Rolling Slope |
| MLS STATUS | Active |
| PARKING | Paved, Off Site, On Site |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Multi-Level |
| TAXES | 2719 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| ZONING | Res |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2025 Onboard Informatics. Information deemed reliable but not guaranteed.
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2025.
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