419 Cumberland Street, Rumford, ME 04276

$360,000
Property Type: Multi-Family Baths: 6 Square Footage: 4,350 Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $360,000 List Date: 2/23/2026 Last Modified: 3/18/2026

Overview

Description

Well-performing 6-unit multifamily comprised of six (6) 2-bedroom apartments, all fully occupied and producing immediate, consistent income. The uniform unit mix supports strong rental demand and operational efficiency. The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations. Offered at a 11.3% cap rate, this asset is well-suited for investors seeking reliable cash flow with minimal disruption. An attractive option for both experienced operators and those looking to acquire a stabilized multifamily property.

Listing Details MLS# 1652557

Location Information

Street #
419
Street Name
Cumberland
Street Type
Street
County
Oxford
Town
Rumford
State/Province
ME
Zip Code
04276
Leased Land
No
Book
5585
Page
358
Map
113
Lot
261
Zoning
Res
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
2087
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
1925
SqFt Finished Above Grade
4350
SqFt Finished Total
4350
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.09
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
6

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

Levels

Multi-Level
Yes

Site

Level
Yes

Location

Near Town
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
74100
Operating Expenses
33194.91

Cooling

None
Yes

Floors

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 Location: Near Town Roads: Public Style: Other Levels: Multi-Level 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: Vinyl; Wood Driveway: Common 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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