NEW! Buy and sell safely with virtual options - Learn More
About the Listing 3572 - 022093
Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (4) three-bedroom units and (3) two-bedroom units. The property includes one rent-ready vacancy and is currently producing a 9.6% cap rate, offering immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 17% cap rate potential. Recent capital improvements include a roof less than three years old, adding further stability for investors.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Multi-Family
MLS ®
1652664
Year Built
1922
Total Square Footage
4,368
Lot/Acreage
0.14
County
Oxford
Interior Details
- Bedrooms: 0
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4368
- Below Ground Sq Ft: 0
- Basement: Interior,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Near Town
- Garage Capacity: N/A
- Zoning: Residential
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: 1 - 4 Spaces,Common
Financial Details
- Tax Amount: $3,686
- 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..
512 Kennebec St Rumford, ME 04276
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
