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About the Listing 1898 - 022093
Income-producing 6-unit multifamily featuring six (6) 2-bedroom apartments with no vacancies. The consistent unit layout supports strong tenant demand and reliable rent performance. This property is currently operating at an 11.8% cap rate, offering solid cash flow and a stabilized income stream from day one. With all units occupied, this asset is well positioned for investors seeking immediate returns without lease-up risk. A strong fit for buyers looking to add a proven, cash-flowing property to their portfolio or expand existing holdings with a low-friction multifamily investment.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
1646823
Year Built
1925
Total Square Footage
3,948
Lot/Acreage
0.09
County
Oxford
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3948
- Below Ground Sq Ft: 0
- Basement: Interior,Walk-Out Access,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Sidewalks,Intown
- Garage Capacity: N/A
- Zoning: Res
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: 1 - 4 Spaces,Paved,Common
Financial Details
- Tax Amount: $1,700
- 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..
421 Cumberland St Rumford, ME 04276
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