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Four-Unit Apartment Building

245 Pine Street Rumford, ME 04276

New
245 Pine Street, Rumford, ME, 04276
$235,000
For Sale
Claim this Listing
$235,000

MULTI_FAMILY - Rumford, ME

Property Size3,350 SF
Lot Size0.14 Acres
Price / SF$70.15
AddedJul 14
Days on Market2
Last RefreshJul 15 at 4:06 am

Property Features for 245 Pine Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
residential
Bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Basement
Parking features
Offsite
Pets allowed
No
Basement
Walk-Out Access, Finished
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, Propane (Heating), Baseboard, Hot Water(Heating)
Water source
Public

Building Details

Year built
1905
Floors in Building
3
Number of units
4
Flooring type
Laminate, Vinyl, Wood, Tile
Building materials
Wood Frame, Aluminum Siding
Roof type
Metal

Listing agent Charlotte Lane

Listing office Coldwell Banker Sandy River Realty 602 Wilton Road, Farmington, ME

Listing date Jul 14, 2026

MLS# 1670829 Listing URL

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 four-unit apartment building is configured as a small residential income property with three currently leased units and one vacant unit. A new propane boiler was installed in 2024. The property is being sold as-is and is in need of updates and improvements.

The asset is located at 245 Pine Street in Rumford, Maine, and is zoned residential. In addition to the building, an adjacent 0.11-acre buildable lot is included, with access to public water, public sewer, and utilities.

For buyers seeking a straightforward residential rental setup, the current in-place occupancy may help support immediate earnings while the vacant unit offers a clear opportunity to stabilize once brought back online. The included lot can also support planning for additional development or potential parking, subject to applicable requirements.

Key Highlights

  • 4‑unit apartment building with 3 units currently leased and 1 vacant unit
  • New propane boiler installed in 2024
  • Being sold as is and in need of some updates and improvements

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Building Supply HVAC Service Parking Lot & Garage Auto Parts Store Locksmith Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit apartment building with three leased units and one vacant unit, plus a 2024 propane boiler.
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: 4‑unit apartment building with 3 units currently leased and 1 vacant unit; New propane boiler installed in 2024; Being sold as is and in need of some updates and improvements
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