419-425 Cumberland Street, Rumford, ME 04276

$1,080,000
Property Type: Multi-Family Baths: 18 Square Footage: 12,798 Lot Size (sq. ft.): 15,682 Status: Active
Current Price: $1,080,000 List Date: 4/22/2026 Last Modified: 4/22/2026

Overview

Description

Turnkey 18-unit multifamily portfolio consisting of three stabilized 6-unit buildings located at 419, 421, and 425 Cumberland Street in Rumford. The portfolio features a desirable unit mix of 15 two-bedroom and 3 three-bedroom apartments, appealing to a broad tenant base. Properties are situated within a federally designated Opportunity Zone. With only one vacancy and strong in-place income, the portfolio delivers an attractive 11% cap rate and immediate cash flow. A rare opportunity to acquire scale in a single transaction with stable operations and long-term upside potential.

Listing Details MLS# 1652555

Location Information

Street #
419-425
Street Name
Cumberland
Street Type
Street
County
Oxford
Town
Rumford
State/Province
ME
Zip Code
04276
Zip +4
1629
Leased Land
No
Book
Various
Page
Various
Map
Various
Lot
Various
Zoning
Residential
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
2617
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
1080000

Property Information

Surveyed
Unknown
Seasonal
No
Owner Occupied
No
Deed
Partial
Deed Restrictions
Unknown
2 Detached Houses on 1 Lot
No
Number of Units
18
Total Baths
18
Total Full Baths
18
Year Built
1923
SqFt Finished Above Grade
12798
SqFt Finished Total
12798
Garage
No
Lot Size Acres +/-
0.36
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0

Water Info

Water Frontage
No
Water View
No

Units

# of 2 BD Units
15
# of 3 BD Units
3

Unit 1

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1018
# Full Baths
Yes
# 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

More Information

Unit 2

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1018
# Full Baths
Yes
# 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

Unit 3

Lease
No
Level
Second
Security Deposit
No
Monthly Rent
1018
# Full Baths
Yes
# 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

Unit 4

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1085
# Full Baths
Yes
# 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
Water
Yes
Sewer
Yes

Unit 5

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
1018
# Full Baths
Yes
# 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

Unit 6

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
1018
# Full Baths
Yes
# 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

Unit 7

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1050
# Full Baths
Yes
# 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

Unit 8

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1100
# Full Baths
Yes
# 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

Unit 9

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
1100
# Full Baths
Yes
# 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

Unit 10

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
900
# Full Baths
Yes
# 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

Unit 11

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
800
# Full Baths
Yes
# 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

Unit 12

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
1050
# Full Baths
Yes
# 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

Unit 13

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1375
# 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 14

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1100
# Full Baths
Yes
# 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

Unit 15

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1025
# 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 16

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
800
# Full Baths
Yes
# 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

Unit 17

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
1315
# Full Baths
Yes
# 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

Unit 18

Lease
No
Level
Third
Security Deposit
No
# Full Baths
Yes
# 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
Monthly Rent
0

Levels

Multi-Level
Yes

Site

Level
Yes
Sidewalks
Yes

Location

Near Town
Yes

Roads

Public
Yes

Style

New Englander
Yes

Construction

Wood Frame
Yes

Basement

Unfinished
Yes

Exterior

Vinyl Siding
Yes

Roof

Flat
Yes

Heat System

Baseboard
Yes

Heat Fuel

Oil
Yes

Income & Expenses

Gross Income
213480
Operating Expenses
94939.3

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

Common
Yes

Basement Entry

Interior
Yes

Water Heater

Off Heating System
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

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

Documents

IDX
Listing Office: Elevate Maine Realty
Last Updated: April - 22 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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