325 Cumberland Street, Rumford, ME 04276 (MLS # 1653046)
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Six-unit multifamily on Cumberland Street offering significant upside through filling vacancies. While the property is currently 50% vacant, all units are rent-ready and positioned for immediate occupancy. The property features separate electric and a functional layout that supports straightforward management. Once fully leased, the projected stabilized cap rate is over 18%, presenting a strong return profile for investors focused on cash flow and value creation. With units ready to be placed and clear income upside through stabilization, this asset offers a defined path to improved performance in a proven rental market. Financials available upon request.
| LAST UPDATED | 3/2/2026 | YEAR BUILT | 1925 |
|---|---|---|---|
| COUNTY | Oxford | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 0.14 |
| MLS STATUS | Active |
| PARKING | Concrete |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 2611 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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