421 Cumberland Street, Rumford, ME 04276

$360,000
Property Type: Multi-Family Baths: 6 Square Footage: 3,948 Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $360,000 List Date: 2/23/2026 Last Modified: 3/18/2026

Overview

Description

Income-producing 6-unit multifamily featuring six (6) 2-bedroom apartments with no vacancies. The consistent unit layout supports strong tenant demand and reliable rent performance. This property is currently operating at an 11.3% cap rate, offering solid cash flow and a stabilized income stream from day one. With all units occupied, this asset is well positioned for investors seeking immediate returns without lease-up risk. A strong fit for buyers looking to add a proven, cash-flowing property to their portfolio or expand existing holdings with a low-friction multifamily investment.

Listing Details MLS# 1652559

Location Information

Street #
421
Street Name
Cumberland
Street Type
Street
County
Oxford
Town
Rumford
State/Province
ME
Zip Code
04276
Zip +4
1630
Leased Land
No
Book
5777
Page
977
Map
113
Lot
263
Zoning
Res
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
1916
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
360000

Property Information

Surveyed
Unknown
Seasonal
No
Deed
All
Deed Restrictions
Unknown
2 Detached Houses on 1 Lot
No
Number of Units
6
Total Baths
6
Total Full Baths
6
Color
Yellow
Year Built
1925
SqFt Finished Above Grade
3948
SqFt Finished Total
3948
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.09
Source of Acreage
Public Records
Road Frontage
Yes
Road Frontage +/-
40
Source of Road Frontage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0
Garage Spaces
0

Water Info

Water Frontage
No
Water View
No

Building Info

# Stories
3

Units

# of 2 BD Units
6

More Information

Unit 1

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 2

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 3

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 4

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
Water
Yes
Sewer
Yes

Unit 5

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 6

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

Utilities

Utilities On
Yes

Levels

Multi-Level
Yes

Site

Level
Yes
Sidewalks
Yes

Location

Intown
Yes

Roads

Public
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Basement

Full
Yes
Unfinished
Yes
Walk-Out Access
Yes

Exterior

Asbestos
Yes

Roof

Flat
Yes

Heat System

Baseboard
Yes

Heat Fuel

Oil
Yes

Income & Expenses

Gross Income
72000
Operating Expenses
31434.34

Cooling

None
Yes

Floors

Laminate
Yes
Other
Yes
Vinyl
Yes
Wood
Yes

Parking

1 - 4 Spaces
Yes

Electric

Circuit Breakers
Yes

Gas

No Gas
Yes
Unknown
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Common
Yes
Paved
Yes

Basement Entry

Interior
Yes

Water Heater

Oil
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level; Sidewalks Location: Intown Roads: Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished; Walk-Out Access Basement Entry: Interior Exterior: Asbestos Roof: Flat Heat System: Baseboard Heat Fuel: Oil Water Heater: Oil Cooling: None Floors: Laminate; Other; Vinyl; Wood Driveway: Common; Paved Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas; Unknown Sewer: Public Sewer Water: Public
Listing Office: Elevate Maine Realty
IDX
Last Updated: March - 18 - 2026
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