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About the Listing 1898 - 022093
Fully occupied four-unit multifamily property with a diverse unit layout consisting of two four-bedroom units and two one-bedroom units. The property is currently operating at an approximate 14.6% cap rate, offering strong in-place performance. All units are rented, providing immediate income from day one. The mix of larger and smaller apartments supports broad rental demand and operational flexibility. This asset is well suited for an investor seeking a high-yield multifamily property with established cash flow. A strong income-producing opportunity with stabilized occupancy and compelling returns.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
1646818
Year Built
1920
Total Square Footage
3,483
Lot/Acreage
0.11
County
Oxford
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3483
- Below Ground Sq Ft: 0
- Basement: Interior,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Near Town
- Garage Capacity: N/A
- Zoning: Res
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: 1 - 4 Spaces,Common
Financial Details
- Tax Amount: $1,823
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
413 Cumberland St Rumford, ME 04276
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