154 Essex AVE, Rumford, ME 04276
154 Essex AVE, Rumford, ME 04276
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Daniel Picard

Daniel Picard

+1(207) 571-0839
Listed by Tyler Stewart Elevate Maine Realty
$ 225,000
Est. payment | /mo

4 Baths

3,564 SqFt

Save
$ 225,000
Est. payment | /mo
Save

4 Baths

3,564 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,564 sqft

Price per Sqft $63

MLS Listing ID 1652668

Full Baths 4

HOA Y/N No

Year Built 1923

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Source Maine Listings

Land Area 3564

Property Description

Fully occupied 4-unit multifamily offering spacious layouts and exceptional in-place returns. The property features three large three-bedroom units and one one-bedroom unit, providing a highly desirable unit mix with broad tenant appeal. Currently producing a 13% cap rate, the asset delivers immediate, stable cash flow with additional upside potential through future rent growth and operational efficiencies. A rare opportunity to acquire a high-yield, fully occupied property with strong long-term investment fundamentals.

Location

State ME

County Oxford

Zoning Residential

Rooms

Basement Interior Entry, Walk-Out Access, Full, Sump Pump

Interior

Heating Oil, Baseboard

Cooling None

Flooring Tile, Vinyl, Wood

Exterior

Parking Features Paved, 5 - 10 Spaces

Garage Spaces 2.0

Utilities Available Utilities On

Roof Type Shingle

Garage Yes

Building

Lot Description Near Town, Level, Sidewalks

Water Public

Architectural Style Dutch Colonial

Others

Tax ID RUMF-000112-000000-000139

Maine MLS (MREIS) IDX

Schools and Properties Nearby

Daniel Picard

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(207) 571-0839

daniel@rootsinmaine.com

Learn More About LPT Realty

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154 Essex AVE