Income-producing 6-unit multifamily featuring six (6) 2-bedroom apartments with no vacancies. The consistent unit layout supports strong tenant demand and reliable rent performance. This property is currently operating at an 11.3% cap rate, offering solid cash flow and a stabilized income stream from day one. With all units occupied, this asset is well positioned for investors seeking immediate returns without lease-up risk. A strong fit for buyers looking to add a proven, cash-flowing property to their portfolio or expand existing holdings with a low-friction multifamily investment.
| MLS # | 1652559 |
|---|---|
| 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 | 3,948 |
| Basement | Y |
| Story(s) | 3 |
| Units | 6 |
| Zoning | Res |
| Acreage | 0.09 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | No |
| Cooling | None |
| Roof | Flat |
|---|---|
| Lot Features | Intown, Level, Sidewalks |
| Construction Materials | Wood Frame, Asbestos |
| Exterior Co Exterior | Asbestos |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Common, Paved, 1 - 4 Spaces |
| Utilities | Utilities On |
|---|---|
| Sewer | Public Sewer |
| Electric | Circuit Breakers |
| Tax Annual Amount | 1916 |
|---|---|
| Tax Book Number | 5777 |
| Tax Year | 2025 |
| Tax Lot | 263 |
| 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: 3,948 low | high Med: 2,037 $ / sqft: $91 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: 3,948 low | high Med: 2,037 $ / sqft: $91 low | high Med: $112 On site: 211 low | high Med: 74 | |