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About the Listing 3572 - 022093
Six-unit multifamily on Cumberland Street offering significant upside through filling vacancies. While the property is currently 50% vacant, all units are rent-ready and positioned for immediate occupancy. The property features separate electric and a functional layout that supports straightforward management. Once fully leased, the projected stabilized cap rate is over 18%, presenting a strong return profile for investors focused on cash flow and value creation. With units ready to be placed and clear income upside through stabilization, this asset offers a defined path to improved performance in a proven rental market. Financials available upon request.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
1653046
Year Built
1925
Total Square Footage
4,680
Lot/Acreage
0.14
County
Oxford
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4680
- Below Ground Sq Ft: 0
- Basement: Interior,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Sidewalks,Intown
- Garage Capacity: N/A
- Zoning: Unk
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: 1 - 4 Spaces,Concrete
Financial Details
- Tax Amount: $2,611
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
325 Cumberland St Rumford, ME 04276
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