Active
  • $400,000

    512 Kennebec Street, Rumford, ME 04276

    19beds
    4,368sqft
    : 
    Multi Family
    Built in 1922
    -- sqft lot
    $-- Zestimate®
    $92/sqft
    $-- HOA

    What's special

    Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (5) three-bedroom units and (2) two-bedroom units with a 3 year old roof. Currently operating with just one vacancy and producing a 9.2% cap rate, the property offers immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 15% cap rate potential. Recent improvements include a roof less than three years old, adding further stability for investors.
    8 days
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