Presenting a great opportunity for investors! 50 Spruce Street is a solid, six-unit building with many recent updates and renovations. Located on a quiet street convenient to Route 2, yet close to town conveniences.
Currently, two units are rented; and three of the four vacant units have been updated with new floors, radiator covers, cabinets/countertops, and bathrooms. You will have the opportunity to locate new tenants and rent each of the vacant units at current market rates.
Or, you could owner-occupy and let the rent take care of the mortgage! This would be the perfect home for an outdoor enthusiast, as you would be living close to so many outdoor recreation opportunities; within 30 minutes you can do all of the following: ski at Sunday River or Black Mountain, kayak or canoe on the Androscoggin River, and camp or hike at Mount Blue State Park, Grafton Notch State Park, or Maine's public reserved land.
A 48 hour lead time is requested for showings, if possible. Minimum 24 hours is required to notify tenants.
Closed
$330,000
50 Spruce Street, Rumford, ME 04276
18beds
6,570sqft
Multi Family
Built in 1925
-- sqft lot
$341,900 Zestimate®
$50/sqft
$1,172 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 24, 2025 at 12:54pm
Listed by:
Coldwell Banker Realty 207-967-9900
Bought with:
EXP Realty
Source: Maine Listings,MLS#: 1602662
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Vinyl, Wood
- Basement: Exterior Entry,Dirt Floor,Unfinished
Interior area
- Total structure area: 6,570
- Total interior livable area: 6,570 sqft
- Finished area above ground: 6,570
- Finished area below ground: 0
Property
Parking
- Parking features: Other
Features
- Levels: Multi/Split
Lot
- Size: 6,969 sqft
- Features: Suburban, Level
Details
- Parcel number: RUMFM117L026
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Block
- Roof: Flat
Condition
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Rumford
Other
Other facts
- Road surface type: Paved