Six-Unit Multifamily
For Sale
Contact for pricing
325 Cumberland Street, Rumford, ME 04276
Six-unit multifamily property with rent-ready units and separate electric services for straightforward management.
Property Size4,680 SF
Price / SF$64.10
Days on Market418
Property Features for 325 Cumberland Street
General Information
Standard status
Active
Size
4,680 SF
Property subtype
Multifamily
Zoning
UNK
Occupancy
50%
Investment Type
Value Add
Net Operating Income
$9,046
Additional Details
Multifamily Units
6
Building Details
Buildings
1
Units
6
Tenancy
Multi
Listing Agency:
Elevate Maine Realty - Tyler Stewart
(207) 213-7644
Listed By:
Tyler Stewart · License #BA927955
Source:
Crexi
Added: Jun 20, 2025
Changed: Aug 8
Last Checked: Aug 11 at 4:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elevate Maine Realty - Tyler Stewart
Investment Insights
Based on property information with market context.
This six-unit multifamily property is currently 50% vacant, with all units described as rent-ready and positioned for immediate occupancy. The building features a functional layout intended to support straightforward management, and it is served by separate electric for the units.
The property is located on Cumberland Street in Rumford, ME. Financial information is available upon request.
According to the provided remarks, once fully leased the projected stabilized cap rate is over 18%, reflecting the stated upside through vacancy fill and stabilization.
The property is located on Cumberland Street in Rumford, ME. Financial information is available upon request.
According to the provided remarks, once fully leased the projected stabilized cap rate is over 18%, reflecting the stated upside through vacancy fill and stabilization.
Key Highlights
- Six‑unit multifamily on Cumberland Street with 50% vacancy, all units rent‑ready for immediate occupancy
- All units are rent‑ready and positioned for quick leasing to capture income upside through stabilization
- Separate electric services for each unit support straightforward, tenant‑accountable utilities management
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
495
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?
Apartment building - Six-unit multifamily property with rent-ready units and separate electric services for straightforward management.
Where is this apartment building located?
The property is located at 325 Cumberland Street Rumford, ME.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Six‑unit multifamily on Cumberland Street with 50% vacancy, all units rent‑ready for immediate occupancy; All units are rent‑ready and positioned for quick leasing to capture income upside through stabilization; Separate electric services for each unit support straightforward, tenant‑accountable utilities management
