25 Falmouth Street, Rumford, ME 04276

$360,000
Property Type: Multi-Family Baths: 6 Square Footage: 5,070 Lot Size (sq. ft.): 6,970 Status: Pending
Current Price: $360,000 List Date: 2/24/2026 Last Modified: 3/24/2026

Description

Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring removed, enhancing safety and reducing near-term maintenance concerns. Currently operating at an 11.5% cap rate with below market rents, this offering presents an excellent opportunity for investors seeking a stabilized, income-producing asset with major systems already addressed.

Supplements: ********

More Information MLS# 1652591

Location Information

Street #: 25 Street Name: Falmouth Street Type: Street County: Oxford Town: Rumford State/Province: ME Zip Code: 04276 Zip +4: 1627 Leased Land: No Book: 5585 Page: 357 Map: 113 Lot: 312 Zoning: Res Zoning Overlay: Unknown Association: No Full Tax Amount $: 2789 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.553012 Geo Lon: -70.547203

Contract Information

Status: Pending Original List Price: 360000 List Price: $360,000 Current Price: $360,000

Property Information

Surveyed: Unknown Seasonal: No Deed/Conveyance Type Offered: Warranty Deed: Partial Number of Units: 6 Total Baths: 6 Total Full Baths: 6 Year Built: 1923 SqFt Finished Above Grade: 5070 SqFt Finished Total: 5070 Garage: No Lot Size Acres +/-: 0.16 Source of Acreage: Public Records

Status Change Info

Pending Date: 2026-03-24

Water Info

Water Frontage: No Water View: No

Units

# of 3 BD Units: 6

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 1250 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: First Security Deposit: Yes Monthly Rent: 965 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1100 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 840 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Water: Yes

Unit 5

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 870 # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 6

Lease: No Level: Third Security Deposit: No # Full Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Property Features

Site: Level Location: Intown Roads: Public Style: Other Construction: Wood Frame Basement: Unfinished Basement Entry: Interior Exterior: Vinyl Siding Roof: Flat Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Tile; Vinyl; Wood Driveway: Concrete Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: Elevate Maine Realty
Last Updated: March - 24 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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