Triplex with One Vacant
New
For Sale
$199,900
131 Penobscot Street, Rumford, ME 04276
MULTI_FAMILY - Other - Rumford, ME
Property Size2,016 SF
Lot Size0.16 Acres
Price / SF$99.16
Days on Market4
Property Features for 131 Penobscot Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bathroom 2, Bathroom 1, Bathroom 3
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: Aug 14
Last Checked: Aug 16 at 12:06AM
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 1920 wood-frame building contains approximately 2,016 square feet and is presently arranged as three residential units, with two apartments occupied and the upper apartment vacant. The property includes three bathrooms, carpet and wood flooring, three laundry hookups, four electrical panels, multiple electric water heaters, and an oil-fired boiler supported by two approximately 275-gallon tanks. The upper unit has a secondary exterior exit and a bathroom sewage ejector system.
Set on approximately 0.16 acres, the property uses municipal water and public sewer. The shingle roof was reportedly replaced approximately five years ago, while the front porch roof has leakage and interior staining. A rear porch previously collapsed and was not rebuilt. The shared driveway and a sewer/plumbing line serving a neighboring property cross the premises, making deed, easement, maintenance, utility allocation, occupancy, and municipal approval review important parts of due diligence.
Set on approximately 0.16 acres, the property uses municipal water and public sewer. The shingle roof was reportedly replaced approximately five years ago, while the front porch roof has leakage and interior staining. A rear porch previously collapsed and was not rebuilt. The shared driveway and a sewer/plumbing line serving a neighboring property cross the premises, making deed, easement, maintenance, utility allocation, occupancy, and municipal approval review important parts of due diligence.
Key Highlights
- Three residential units with 2 occupied apartments and 1 vacant upper unit
- Approximately 2,016 square feet on about 0.16 acres
- Built in 1920 with wood‑frame construction and vinyl siding
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Wood-frame income property with public water and sewer, three laundry hookups, and a mix of occupied and vacant units.
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: Three residential units with 2 occupied apartments and 1 vacant upper unit; Approximately 2,016 square feet on about 0.16 acres; Built in 1920 with wood‑frame construction and vinyl siding
