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: 2/23/2026 Last Modified: 3/05/2026

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.

Supplements: ********

More Information MLS# 1652555

Location Information

Book: Various Leased Land: No Page: Various Map: Various Lot: Various Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 419-425 Street Name: Cumberland Street Type: Street County: Oxford Town: Rumford State/Province: ME Zip Code: 04276 Zip +4: 1629 Zoning: Residential Full Tax Amount $: 2617 Tax Year: 2025 Geo Lat: 44.553105 Geo Lon: -70.548743

Property Information

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

Levels

Multi-Level: 1

Site

Level: 1 Sidewalks: 1

Location

Near Town: 1

Roads

Public: 1

Water Info

Water Frontage: No Water View: No

Style

New Englander: 1

Construction

Wood Frame: 1

Basement

Unfinished: 1

Exterior

Vinyl Siding: 1

Roof

Flat: 1

Heat System

Baseboard: 1

Heat Fuel

Oil: 1

Income & Expenses

Gross Income: 213480 Operating Expenses: 94939.3

Cooling

None: 1

Floors

Tile: 1 Vinyl: 1 Wood: 1

Units

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

Parking

1 - 4 Spaces: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1018 # 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

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1018 # 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

Unit 3

Lease: No Level: Second Security Deposit: No Monthly Rent: 1018 # 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

Gas

No Gas: 1

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1085 # 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: Yes Monthly Rent: 1018 # 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

Unit 7

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1050 # 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

Unit 8

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1100 # 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

Unit 9

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1100 # 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

Unit 10

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 900 # 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

Unit 11

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 800 # 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

Unit 12

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 1050 # 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

Unit 13

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

Unit 15

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

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 800 # 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

Unit 17

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 1315 # 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

Unit 18

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: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Driveway

Common: 1

Basement Entry

Interior: 1

Water Heater

Off Heating System: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 1080000 List Price: $1,080,000 Current Price: $1,080,000

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

Income/Expense ›

419 Cumberland Deed (Partial) ›

421 Cumberland Deed (All) ›

425 Cumberland Deed (All) ›

419 Cumberland PD ›

421 Cumberland PD ›

425 Cumberland PD ›

Listing Office: Elevate Maine Realty

IDX

Last Updated: March - 05 - 2026

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