413-425 Cumberland Street, Rumford, ME 04276 (MLS # 1638845)
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Turnkey investment portfolio offering 22 units across 4 buildings in Rumford, located at 413, 419, 421, and 425 Cumberland Street. The package consists of three 6-unit buildings and one 4-unit building, with a strong unit mix of (2) four-bedrooms, (3) three-bedrooms, (15) two-bedrooms, and (2) one-bedrooms that appeals to a wide tenant base. All properties are situated within a federally designated Opportunity Zone, providing potential tax advantages for investors. With only 1 current vacancy and an impressive 12.6% cap rate, this portfolio offers immediate turnkey cash flow with long-term upside potential.
| LAST UPDATED | 9/25/2025 | YEAR BUILT | 1900 |
|---|---|---|---|
| COUNTY | Oxford | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard |
| LOT | 0.47 acre(s) |
| LOT DESCRIPTION | Level |
| MLS STATUS | Active |
| PARKING | Common |
| SEWER | Public Sewer |
| STYLE | New Englander |
| TAXES | 7696.72 |
| WATER | Public |
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