Three-Unit Residential
For Sale
$199,900
131 Penobscot Street, Rumford, ME 04276
Multi-Family, Rumford, ME
Property Size2,016 SF
Lot Size0.16 Acres
Price / SF$99.16
Days on Market55
Property Features for 131 Penobscot Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 3, Bathroom 1, Bathroom 2
Lot features
Sidewalks, Intown, Neighborhood
Standard status
Active
Size
2,016 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2143
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Oil
Water source
Public
Building Details
Year built
1920
Number of units
3
Flooring type
Wood, Carpet
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXP Realty
(888) 439-8743
Listed By:
Duncan Smith
(207) 289-9589
Added: Aug 13
Changed: Sep 14
Last Checked: Oct 6 at 5:06PM
MLS# 1675983
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 wood-frame residential income property was built in 1920 and is currently arranged as three apartments. Public records report approximately 2,016 square feet, three bathrooms, and a 0.16-acre parcel. The building has wood flooring and carpeting, vinyl siding, a basement, three laundry hookups, and four electrical panels. Heating is provided by an oil-fired boiler with two approximately 275-gallon oil tanks. The upper apartment has an exterior secondary exit and a bathroom sewage ejector system.
Two units are occupied and the upper unit is vacant. Municipal water and public sewer serve the property. The main shingle roof was reportedly replaced approximately five years ago, while the front porch roof was excluded from that work and shows evidence of leakage and interior water staining. The rear porch previously collapsed and was not rebuilt. The property uses a shared driveway, and a sewer or plumbing line serving a neighboring property passes through the cellar. Buyers should verify three-unit approval, leases, income, utility metering, easements, parking, and overall condition.
Two units are occupied and the upper unit is vacant. Municipal water and public sewer serve the property. The main shingle roof was reportedly replaced approximately five years ago, while the front porch roof was excluded from that work and shows evidence of leakage and interior water staining. The rear porch previously collapsed and was not rebuilt. The property uses a shared driveway, and a sewer or plumbing line serving a neighboring property passes through the cellar. Buyers should verify three-unit approval, leases, income, utility metering, easements, parking, and overall condition.
Key Highlights
- Configured as three residential units, with 2 occupied apartments and a vacant upper unit
- Approximately 2,016 square feet on about 0.16 acres
- Municipal water and public sewer
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
474
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Configured with two occupied apartments, one vacant upper unit, public utilities, and shared driveway access.
Where is this triplex located?
The property is located at 131 Penobscot Street Rumford, ME.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Configured as three residential units, with 2 occupied apartments and a vacant upper unit; Approximately 2,016 square feet on about 0.16 acres; Municipal water and public sewer
