Well-performing 6-unit multifamily comprised of six (6) 2-bedroom apartments, all fully occupied and producing immediate, consistent income. The uniform unit mix supports strong rental demand and operational efficiency. The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations. Offered at a 11.3% cap rate, this asset is well-suited for investors seeking reliable cash flow with minimal disruption. An attractive option for both experienced operators and those looking to acquire a stabilized multifamily property.
| MLS # | 1652557 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1925 |
| Days On Site | 211 |
| Listing Provided By | Elevate Maine Realty | Tyler Stewart |
| Bath(s) | 6 Total |
|---|---|
| SQ Feet | 4,350 |
| Basement | Y |
| Units | 6 |
| Zoning | Res |
| Acreage | 0.09 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | No |
| Cooling | None |
| Roof | Flat |
|---|---|
| Lot Features | Near Town, Level |
| Construction Materials | Wood Frame, Vinyl Siding |
| Exterior Co Exterior | Vinyl Siding |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Common, 1 - 4 Spaces |
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
| Tax Annual Amount | 2087 |
|---|---|
| Tax Book Number | 5585 |
| Tax Year | 2025 |
| Tax Lot | 261 |
| Tax Map Number | 113 |
| State | ME |
|---|---|
| County | Oxford |
| City | Rumford |
| Zip Code | 04276 |
| Area | Oxford |
| Listing VS Median (in 04276) | |
Price: $360,000 low | high Med: $229,000 sqft: 4,350 low | high Med: 2,037 $ / sqft: $83 low | high Med: $112 On site: 211 low | high Med: 74 | |
| State | ME |
|---|---|
| County | Oxford |
| City | Rumford |
| Zip Code | 04276 |
| Area | Oxford |
| Listing VS Median (in 04276) | |
Price: $360,000 low | high Med: $229,000 sqft: 4,350 low | high Med: 2,037 $ / sqft: $83 low | high Med: $112 On site: 211 low | high Med: 74 | |