325 Cumberland Street, Rumford, ME 04276

$340,000
Property Type: Multi-Family Baths: 6 Square Footage: 4,680 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $340,000 List Date: 6/20/2025 Last Modified: 12/15/2025

Description

Cash flow day one with major upside still on the table. This 6-unit multifamily on Cumberland Street is already generating income with 4 of the 6 units leased, delivering a 6% cap rate as-is—with the remaining units rent-ready and poised to push returns significantly higher. The building offers separate electric, a clean, functional layout, and is located in a high-demand rental area. With minimal additional investment, a fully stabilized cap rate north of 18% is within reach, making this an ideal opportunity for investors looking to force appreciation and boost cash flow in short order. Opportunities like this—partially stabilized, easy to finish, and packed with upside—are rare. Request the financials and schedule a showing before this one gets picked up.

Supplements: ********

More Information MLS# 1627440

Location Information

Book: 5639 Leased Land: No Page: 45-46 Map: 113 Lot: 255 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 325 Street Name: Cumberland Street Type: Street County: Oxford Town: Rumford State/Province: ME Zip Code: 04276 Zip +4: 1716 Zoning: Unk Full Tax Amount $: 2317 Tax Year: 2024 Geo Lat: 44.552262 Geo Lon: -70.54836

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 6 Deed/Conveyance Type Offered: Quit Claim Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.14 Total Baths: 6 Total Half Baths: 0 Road Frontage: Yes Road Frontage +/-: 60 Source of Road Frontage: Public Records SqFt Finished Above Grade: 4680 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Total Full Baths: 6 Year Built: 1925 SqFt Finished Total: 4680 Source of Acreage: Public Records

Levels

Multi-Level: 1

Site

Level: 1 Sidewalks: 1

Location

Intown: 1

Roads

Public: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Wood Frame: 1

Basement

Full: 1 Unfinished: 1

Exterior

Vinyl Siding: 1

Roof

Flat: 1

Heat System

Baseboard: 1

Heat Fuel

Electric: 1 Oil: 1

Income & Expenses

Gross Income: 51600 Operating Expenses: 30489.42

Cooling

None: 1

Floors

Tile: 1 Vinyl: 1

Units

# of 2 BD Units: 2 # of 3 BD Units: 3 # of 4+ BD Units: 1

Parking

1 - 4 Spaces: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # 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

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # 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: No Monthly Rent: 0 # Full Baths: 1 # 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

Gas

No Gas: 1

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1000 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Unit 5

Lease: No Level: Third Security Deposit: No Monthly Rent: 1 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Unit 6

Lease: No Level: Third Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: No Refrigerator: No Sewer: No Water: No

Driveway

Concrete: 1

Basement Entry

Interior: 1

Water Heater

Tank: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 350000 List Price: $340,000 Current Price: $340,000

Property Features

Site: Level; Sidewalks Location: Intown Roads: Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Exterior: Vinyl Siding Roof: Flat Heat System: Baseboard Heat Fuel: Oil Water Heater: Tank Cooling: None Floors: Tile; Vinyl Driveway: Concrete Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

Documents

Listing Office: Keller Williams Realty
IDX
Last Updated: December - 15 - 2025
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