Six-Unit Multifamily
325 Cumberland Street Rumford Rumford, ME 04276
325 Cumberland Street Rumford, Rumford, ME, 04276
Contact for pricing
For Sale
Contact for pricing
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 Market398
Property Features for 325 Cumberland Street Rumford
General Information
- Standard status
- Active
- Size
- 4,680 SF
- Property subtype
- Multifamily
Listing agency
Elevate Maine Realty - Tyler Stewart
(207) 213-7644
Listed by
Tyler Stewart · License #BA927955
Source
Crexi
Added: Jun 20, 2025 Updated: Jul 21 at 12:40AM Checked: Jul 21 at 7:18AM
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
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
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 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
