Quadplex with Propane
For Sale
$235,000
245 Pine Street, Rumford, ME 04276
Multi-Family, Rumford, ME
Property Size3,350 SF
Lot Size0.14 Acres
Price / SF$70.15
Days on Market39
Property Features for 245 Pine Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
residential
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Basement, Bathroom 4
Parking features
Offsite
Pets allowed
No
Basement
Walk-Out Access, Finished
Lot features
Near Country Club, Well Landscaped, Rolling/ Sloping, Open, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
Standard status
Active
Size
3,350 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2034
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard, Hot Water(Heating), Propane (Heating)
Water source
Public
Building Details
Year built
1905
Floors in Building
3
Number of units
4
Flooring type
Tile, Laminate, Wood, Vinyl
Building materials
Wood Frame, Aluminum Siding
Roof type
Metal
Listing Agency:
Coldwell Banker Sandy River Realty · Coldwell Banker Real Estate
(207) 778-6333
Listed By:
Charlotte Lane
(207) 778-6333
Added: Jul 17
Changed: Aug 21
Last Checked: Aug 24 at 2:06PM
MLS# 1670829
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This quadplex offers four apartment units with three currently leased and one vacant unit. The property is being sold as is and needs updates and improvements. A new propane boiler was installed in 2024.
The building is a wood-frame structure with aluminum siding and a metal roof. Public water and public sewer service the property. Interior finishes include laminate, tile, wood, and vinyl flooring, and heating is provided via baseboard systems using natural gas and propane hot water.
The property sits on a 0.14-acre lot and includes 3,350 square feet of building area. Offsite parking is available. An adjacent 0.11-acre buildable lot is also available with access to public water, public sewer, and utilities, which may support additional development or parking.
The building is a wood-frame structure with aluminum siding and a metal roof. Public water and public sewer service the property. Interior finishes include laminate, tile, wood, and vinyl flooring, and heating is provided via baseboard systems using natural gas and propane hot water.
The property sits on a 0.14-acre lot and includes 3,350 square feet of building area. Offsite parking is available. An adjacent 0.11-acre buildable lot is also available with access to public water, public sewer, and utilities, which may support additional development or parking.
Key Highlights
- Four‑unit quadplex with three currently leased units and one vacant unit
- New propane boiler installed in 2024
- 0.14‑acre lot with 3,350 SF building area
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 04276, ME
5,858
Population
3,584
Households
1.6
Avg Household Size
48
Median Age
19%
College-Educated
90%
High-School Grad
68.6 sq mi
ZIP Area
85
Density / Sq Mi
$39,522
Median Household Income
$31,654
Median Earnings
$638
Median Rent
$119,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit quadplex with three currently leased units and one vacant unit, plus a propane boiler installed in 2024.
Where is this quadplex located?
The property is located at 245 Pine Street Rumford, ME.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Four‑unit quadplex with three currently leased units and one vacant unit; New propane boiler installed in 2024; 0.14‑acre lot with 3,350 SF building area
