25 Falmouth Street, Rumford, ME 04276

$360,000
Property Type: Multi-Family Baths: 6 Square Footage: 5,070 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $360,000 List Date: 2/24/2026 Last Modified: 3/18/2026

Overview

Description

Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring removed, enhancing safety and reducing near-term maintenance concerns. Currently operating at an 11.5% cap rate with below market rents, this offering presents an excellent opportunity for investors seeking a stabilized, income-producing asset with major systems already addressed.

Listing Details MLS# 1652591

Location Information

Street #
25
Street Name
Falmouth
Street Type
Street
County
Oxford
Town
Rumford
State/Province
ME
Zip Code
04276
Zip +4
1627
Leased Land
No
Book
5585
Page
357
Map
113
Lot
312
Zoning
Res
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
2789
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
360000

Property Information

Surveyed
Unknown
Seasonal
No
Deed/Conveyance Type Offered
Warranty
Deed
Partial
Number of Units
6
Total Baths
6
Total Full Baths
6
Year Built
1923
SqFt Finished Above Grade
5070
SqFt Finished Total
5070
Garage
No
Lot Size Acres +/-
0.16
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0
Garage Spaces
0

Water Info

Water Frontage
No
Water View
No

Units

# of 3 BD Units
6

Unit 1

Lease
No
Level
First
Security Deposit
No
Monthly Rent
1250
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

More Information

Unit 2

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
965
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
1100
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
840
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes
Sewer
Yes

Unit 5

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
870
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 6

Lease
No
Level
Third
Security Deposit
No
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Site

Level
Yes

Location

Intown
Yes

Roads

Public
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Basement

Unfinished
Yes

Exterior

Vinyl Siding
Yes

Roof

Flat
Yes

Heat System

Baseboard
Yes
Hot Water
Yes

Heat Fuel

Oil
Yes

Income & Expenses

Gross Income
60300
Operating Expenses
36143.01

Cooling

None
Yes

Floors

Tile
Yes
Vinyl
Yes
Wood
Yes

Parking

1 - 4 Spaces
Yes

Electric

Circuit Breakers
Yes

Gas

No Gas
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Concrete
Yes

Basement Entry

Interior
Yes

Water Heater

Off Heating System
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level Location: Intown Roads: Public Style: Other Construction: Wood Frame Basement: Unfinished Basement Entry: Interior Exterior: Vinyl Siding Roof: Flat Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Tile; Vinyl; Wood Driveway: Concrete Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: Elevate Maine Realty
IDX
Last Updated: March - 18 - 2026
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