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MULTI_FAMILY - Rumford, ME
Serious cash flow potential in this 6-unit multifamily on Cumberland Street, delivering an impressive 18%+ cap rate once stabilized. With most units currently vacant—but nearly all rent-ready—this is the perfect opportunity for an investor to step in and start generating income fast. The building features separate electric, a straightforward layout, and strong demand for housing in the area. Whether you're looking to fill the units yourself or bring in a property manager to stabilize quickly, this property offers both scale and simplicity. Rarely do deals hit the market with this much upside and so little lift required to get there. Immediate value, long-term returns—reach out for full financials and a showing before it's gone.
Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliabl...
Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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