323 Cumberland Street, Rumford, ME 04276 (MLS # 1627439)
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This 8-unit multifamily is a value-add opportunity with real upside"”2 units are currently vacant, giving investors a head start on repositioning and boosting rents. The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units. Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
| LAST UPDATED | 6/19/2025 | YEAR BUILT | 1920 |
|---|---|---|---|
| GARAGE SPACES | 1.0 | COUNTY | Oxford |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Hot Water |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Level |
| MLS STATUS | Active |
| PARKING | Common |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 2623 |
| WATER | Public |
Listing provided by Keller Williams Realty
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
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IDX data provided by Market Leader, courtesy of Maine Listings.
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