425 Cumberland Street, Rumford, ME 04276
$360,000
Property Type:
Multi-Family
Baths:
6
Square Footage:
4,500
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$360,000
List Date:
2/23/2026
Last Modified:
3/18/2026
Overview
Description
Well-located 6-unit multifamily comprised of a desirable unit mix of three (3) 2-bedroom apartments and three (3) 3-bedroom apartments. The property currently has one rent ready vacancy, providing immediate upside through lease-up and income stabilization. The building is operating at a 10.3% cap rate, with a clear path to increased performance. Through rent optimization and full occupancy, the property shows potential to achieve a 14%+ cap rate, making this an attractive opportunity for investors seeking both cash flow and value appreciation. Additional upside is supported by a newer furnace, helping reduce near-term capital expenditure concerns while improving operational efficiency. An ideal acquisition for investors looking to step into a light value-add opportunity with meaningful income growth potential.
Listing Details MLS# 1652561
Location Information
- Street #
- 425
- Street Name
- Cumberland
- Street Type
- Street
- County
- Oxford
- Town
- Rumford
- State/Province
- ME
- Zip Code
- 04276
- Zip +4
- 1629
- Leased Land
- No
- Book
- 5585
- Page
- 337
- Map
- 113
- Lot
- 263
- Zoning
- Res
- Zoning Overlay
- Unknown
- Association
- No
- Full Tax Amount $
- 2617
- Tax Year
- 2025
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 360000
Property Information
- Surveyed
- Unknown
- Seasonal
- No
- Owner Occupied
- No
- Deed/Conveyance Type Offered
- Quit Claim
- Deed Restrictions
- Unknown
- Number of Units
- 6
- Total Baths
- 6
- Total Full Baths
- 6
- Color
- White
- Year Built
- 1923
- SqFt Finished Above Grade
- 4500
- SqFt Finished Total
- 4500
- Garage
- No
- Lot Size Acres +/-
- 0.18
- Source of Acreage
- Public Records
- Road Frontage
- Yes
- Road Frontage +/-
- 80
- Source of Road Frontage
- Other
- Road Front Other Source
- GIS Measured
- 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
- 3
- # of 3 BD Units
- 3
More Information
Unit 1
- 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 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
- 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 4
- 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
- Water
- Yes
- Sewer
- Yes
Unit 5
- Lease
- No
- Level
- Third
- Security Deposit
- Yes
- Monthly Rent
- 1315
- # 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 6
- 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
Utilities
- Utilities On
- No
Levels
- Multi-Level
- Yes
Site
- Level
- Yes
Location
- Intown
- Yes
Roads
- Public
- Yes
Transportation
- Major Road Access
- Yes
Style
- Other
- Yes
Construction
- Wood Frame
- Yes
Basement
- Full
- Yes
- Unfinished
- Yes
Foundation Materials
- Poured Concrete
- Yes
- Stone
- Yes
Exterior
- Vinyl Siding
- Yes
Roof
- Flat
- Yes
Heat System
- Baseboard
- Yes
- Hot Water
- Yes
Heat Fuel
- Oil
- Yes
Income & Expenses
- Gross Income
- 67380
- Operating Expenses
- 30310.05
Cooling
- None
- Yes
Floors
- Vinyl
- Yes
- Wood
- Yes
Parking
- 1 - 4 Spaces
- Yes
- Off Street
- Yes
Electric
- Fuses
- Yes
Gas
- No Gas
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
Driveway
- Paved
- Yes
Basement Entry
- Interior
- Yes
Water Heater
- Off Heating System
- Yes
Vehicle Storage
- No Vehicle Storage
- Yes
Property Features
Site:
Level
Location:
Intown
Roads:
Public
Transportation:
Major Road Access
Style:
Other
Levels:
Multi-Level
Construction:
Wood Frame
Basement:
Full; Unfinished
Basement Entry:
Interior
Foundation Materials:
Poured Concrete; Stone
Exterior:
Vinyl Siding
Roof:
Flat
Heat System:
Baseboard; Hot Water
Heat Fuel:
Oil
Water Heater:
Off Heating System
Cooling:
None
Floors:
Vinyl; Wood
Driveway:
Paved
Parking:
1 - 4 Spaces; Off Street
Vehicle Storage:
No Vehicle Storage
Electric:
Fuses
Gas:
No Gas
Sewer:
Public Sewer
Water:
Public
Income/Expense ›
Listing Office:
Elevate Maine Realty
IDX
Last Updated: March - 18 - 2026
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