Occupied Duplex With Two-Car
For Sale
$125,000
Pending
429 Penobscot Street, Rumford, ME 04276
Fully occupied residential property with two two-bedroom units and an attached two-car garage.
Property Size2,012 SF
Days on Market188
Property Features for 429 Penobscot Street
General Information
Standard status
Pending
Size
2,012 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Zoning
Residential
Occupancy
100%
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Cap Rate
10.5%
Taxes and HOA fees
Annual Taxes
$1,526
Amenities
Oil, Baseboard
Interior Entry, Unfinished
Tile, Vinyl, Wood
No
Yes
2
2.0
Shingle
Common
Asbestos
Building Details
Year Built
1910
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Kelly Sahabo · License #BA927955
(207) 879-9800
Source:
Compass
Added: Feb 24
Changed: Aug 31
Last Checked: Aug 31 at 1:54AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Built in 1910, this 2,012-square-foot duplex contains two separate two-bedroom residential units. Both units are occupied, providing an established operating profile for an investor seeking a small multifamily asset. The property also includes a two-car garage and carries Residential zoning.
Current performance is identified at a 10.5% cap rate. Located at 429 Penobscot St in Rumford, Maine, the property combines a two-unit configuration with dedicated garage space and an established occupancy position.
Current performance is identified at a 10.5% cap rate. Located at 429 Penobscot St in Rumford, Maine, the property combines a two-unit configuration with dedicated garage space and an established occupancy position.
Key Highlights
- Two 2‑bedroom units in a duplex configuration
- Fully occupied property
- Includes a two‑car garage
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
380
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?
Duplex - Fully occupied residential property with two two-bedroom units and an attached two-car garage.
Where is this duplex located?
The property is located at 429 Penobscot Street Rumford, ME.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two 2‑bedroom units in a duplex configuration; Fully occupied property; Includes a two‑car garage
