93-99 & 98 Maine Avenue, Rumford, ME 04276 (MLS # 1638625)
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Rare investment package offering 18 total units across two properties located directly across the street from one another in Rumford. The portfolio includes a 12-unit at 93-99 Maine Avenue and a 6-unit at 98 Maine Avenue, with a desirable mix of 6 one-bedrooms, 6 two-bedrooms, and 6 three-bedrooms. With just two vacancies, the properties are currently producing a 9.65% cap rate, with projected upside exceeding 14% through rent increases and value-add improvements. A turnkey opportunity with immediate cash flow and exceptional long-term growth potential.
| LAST UPDATED | 9/23/2025 | YEAR BUILT | 1920 |
|---|---|---|---|
| COUNTY | Oxford | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Full, Yes |
| CONSTRUCTION | Asbestos |
| HEAT | Baseboard |
| LOT | 0.56 acre(s) |
| LOT DESCRIPTION | Level |
| MLS STATUS | Active |
| PARKING | Common |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 6611.44 |
| 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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