512 Kennebec Street, Rumford, ME 04276 (MLS# 1652664)

512 Kennebec Street, Rumford, ME 04276

$400,000

512 Kennebec Street, Rumford, ME 04276- MLS# 1652664

Property Type: Multi-Family Baths: 7 Square Footage: 4,368 Lot Size (sq. ft.): 6,098 Status: Pending

Current Price: $400,000 List Date: 2/25/2026 Last Modified: 3/24/2026

Description

Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (4) three-bedroom units and (3) two-bedroom units. The property includes one rent-ready vacancy and is currently producing a 9.6% cap rate, offering immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 17% cap rate potential. Recent capital improvements include a roof less than three years old, adding further stability for investors.

Supplements: ********

More Information MLS# 1652664

Location Information

Street #: 512 Street Name: Kennebec Street Type: Street County: Oxford Town: Rumford State/Province: ME Zip Code: 04276 Zip +4: 1837 Leased Land: No Book: 5498 Page: 368-369 Map: 113 Lot: 49 Zoning: Residential Zoning Overlay: Unknown Association: No Full Tax Amount $: 3686 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.553889 Geo Lon: -70.552843

Contract Information

Status: Pending Original List Price: 400000 List Price: $400,000 Current Price: $400,000

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown 2 Detached Houses on 1 Lot: No Number of Units: 7 Total Baths: 7 Total Full Baths: 7 Color: Yellow Year Built: 1922 SqFt Finished Above Grade: 4368 SqFt Finished Total: 4368 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.14 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: 3 # of 3 BD Units: 4

Unit 1

Lease: No Level: Basement 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: 1000 # 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: First Security Deposit: Yes Monthly Rent: 1050 # 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: 1150 # 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: Second Security Deposit: Yes Monthly Rent: 975 # 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: 875 # 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 7

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

Property Features

Site: Level Location: Near Town Roads: Public Style: New Englander Construction: Wood Frame Basement: Unfinished Basement Entry: Interior Exterior: Vinyl Siding Roof: Flat Heat System: Baseboard Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Tile; Vinyl; Wood Driveway: Common Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers 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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