425 Cumberland Street, Rumford, ME 04276 (MLS# 1652561)

425 Cumberland Street, Rumford, ME 04276

$360,000

425 Cumberland Street, Rumford, ME 04276- MLS# 1652561

Property Type: Multi-Family Baths: 6 Square Footage: 4,500 Lot Size (sq. ft.): 7,841 Status: Pending

Current Price: $360,000 List Date: 2/23/2026 Last Modified: 3/24/2026

Description

Well-located 6-unit multifamily comprised of a desirable unit mix of three (3) 2-bedroom apartments and three (3) 3-bedroom apartments. The property currently has one rent ready vacancy, providing immediate upside through lease-up and income stabilization. The building is operating at a 10.3% cap rate, with a clear path to increased performance. Through rent optimization and full occupancy, the property shows potential to achieve a 14%+ cap rate, making this an attractive opportunity for investors seeking both cash flow and value appreciation. Additional upside is supported by a newer furnace, helping reduce near-term capital expenditure concerns while improving operational efficiency. An ideal acquisition for investors looking to step into a light value-add opportunity with meaningful income growth potential.

Supplements: ********

More Information MLS# 1652561

Location Information

Street #: 425 Street Name: Cumberland Street Type: Street County: Oxford Town: Rumford State/Province: ME Zip Code: 04276 Zip +4: 1629 Leased Land: No Book: 5585 Page: 337 Map: 113 Lot: 263 Zoning: Res Zoning Overlay: Unknown Association: No Full Tax Amount $: 2617 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.553698 Geo Lon: -70.549181

Contract Information

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

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Quit Claim Deed Restrictions: Unknown Number of Units: 6 Total Baths: 6 Total Full Baths: 6 Color: White Year Built: 1923 SqFt Finished Above Grade: 4500 SqFt Finished Total: 4500 Garage: No Lot Size Acres +/-: 0.18 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 80 Source of Road Frontage: Other Road Front Other Source: GIS Measured

Status Change Info

Pending Date: 2026-03-24

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 3

Units

# of 2 BD Units: 3 # of 3 BD Units: 3

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1375 # 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: 1100 # 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: Yes Level: Second Security Deposit: Yes Monthly Rent: 1025 # 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: 800 # 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: 1315 # 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: 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

Utilities

Utilities On: No

Property Features

Site: Level Location: Intown Roads: Public Transportation: Major Road Access Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Foundation Materials: Poured Concrete; Stone Exterior: Vinyl Siding Roof: Flat Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Vinyl; Wood Driveway: Paved Parking: 1 - 4 Spaces; Off Street Vehicle Storage: No Vehicle Storage Electric: Fuses Gas: No Gas Sewer: Public Sewer Water: Public

Documents

Income/Expense ›

Deed Public Access ›

Property Disclosure Public Access ›

Listing Office: Elevate Maine Realty

Last Updated: March - 24 - 2026

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