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  • $420,000

    323 Cumberland Street, Rumford, ME 04276

    16beds
    6,300sqft
    : 
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $67/sqft
    $-- HOA

    What's special

    This 8-unit multifamily is a value-add opportunity with real upside—2 units are currently vacant, giving investors a head start on repositioning and boosting rents. The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units. Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.
    55 days
    on Zillow
    |
    135
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 19, 2025 at 07:04pm

    Listed by:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1627439MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 323 Cumberland Street.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Hot Water, Baseboard
    Cooling
    • Has cooling: Yes
    Features
    • Flooring: Vinyl, Tile
    • Basement: Interior,Full,Unfinished
    Interior area
    • Total structure area: 6,300
    • Total interior livable area: 6,300 sqft
    • Finished area above ground: 6,300
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 - 4 Spaces, Common
    • Garage spaces: 1
    Features
    • Levels: Multi/Split
    Lot
    • Size: 6,098.4 Square Feet
    • Features: Level, Sidewalks, City Lot
    Details
    • Parcel number: 323Cumberland StreetSTRumford113254
    • Zoning: Unk

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Wood Frame
    • Roof: Flat
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Rumford

    Financial & listing details

    • Price per square foot: $67/sqft
    • Annual tax amount: $2,623
    • Date on market: 6/20/2025
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