419 Cumberland Street, Rumford, ME 04276

$360,000
Property Type: Multi-Family Baths: 6 Square Footage: 4,350 Lot Size (sq. ft.): 3,920 Status: Pending
Current Price: $360,000 List Date: 2/23/2026 Last Modified: 3/24/2026

Description

Well-performing 6-unit multifamily comprised of six (6) 2-bedroom apartments, all fully occupied and producing immediate, consistent income. The uniform unit mix supports strong rental demand and operational efficiency. The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations. Offered at a 11.3% cap rate, this asset is well-suited for investors seeking reliable cash flow with minimal disruption. An attractive option for both experienced operators and those looking to acquire a stabilized multifamily property.

Supplements: ********

More Information MLS# 1652557

Location Information

Street #: 419 Street Name: Cumberland Street Type: Street County: Oxford Town: Rumford State/Province: ME Zip Code: 04276 Leased Land: No Book: 5585 Page: 358 Map: 113 Lot: 261 Zoning: Res Zoning Overlay: Unknown Association: No Full Tax Amount $: 2087 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.553443 Geo Lon: -70.549038

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: 1925 SqFt Finished Above Grade: 4350 SqFt Finished Total: 4350 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.09 Source of Acreage: Public Records

Status Change Info

Pending Date: 2026-03-24

Water Info

Water Frontage: No Water View: No

Units

# of 2 BD Units: 6

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1018 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 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: Yes Level: First Security Deposit: Yes Monthly Rent: 1018 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 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: No Monthly Rent: 1018 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 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: Yes Level: Second Security Deposit: Yes Monthly Rent: 1085 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 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: 1018 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 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: Yes Monthly Rent: 1018 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes 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: Near Town Roads: Public Style: Other Levels: Multi-Level 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: Vinyl; Wood Driveway: Common 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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