Active
  • $1,225,000

    413-425 Cumberland Street, Rumford, ME 04276

    49beds
    16,281sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $75/sqft
    $-- HOA

    What's special

    Turnkey investment portfolio offering 22 units across 4 buildings in Rumford, located at 413, 419, 421, and 425 Cumberland Street. The package consists of three 6-unit buildings and one 4-unit building, with a strong unit mix of (2) four-bedrooms, (3) three-bedrooms, (15) two-bedrooms, and (2) one-bedrooms that appeals to a wide tenant base. All properties are situated within a federally designated Opportunity Zone, providing potential tax advantages for investors. With only 1 current vacancy and an impressive 12.6% cap rate, this portfolio offers immediate turnkey cash flow with long-term upside potential.
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