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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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425 Cumberland St , Rumford, ME 04276
$360,000
Est. Payment: $1,857.45/mo
0 Bed
6 Bath
4500 Sqft
Status: pending | Days on site: 66
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Tyler Stewart , 207-213-7644 Elevate Maine Realty , 207-331-4565. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1923

County

Oxford

Listing ID

1652561

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:6
  • Full Bathrooms:6
Floor:Vinyl,Wood
Above Ground Sq Ft:4500
Below Ground Sq Ft:0
Basement:Interior Entry,Full,Unfinished
Other:Public

Exterior Features

Lot:Intown,Level
Zoning:Res
Roof:Flat
Sewer:Public Sewer
Parking Features:Paved,1 - 4 Spaces,Off Street
Principal Interest
$1,857
Taxes
$218

Home Price

$360,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$72,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,857.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,857.45 $218.08 $0.00 $2,075.53
Yearly $22,289.35 $2,617.00 $0.00 $24,906.35
Total $668,680.38 $78,510.00 $0.00 $747,190.38

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Rumford, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


IDX service by Blueroof 360

Data last updated: 2026-08-02T07:29:11.000Z

© 2026 Maine Real Estate Information System, Inc.

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