154 Essex AVE, Rumford, ME 04276
154 Essex AVE, Rumford, ME 04276
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Listed by Elevate Maine Realty
$225,000
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4 Baths
3,564 SqFt
Exclusive Listing
Active

154 Essex AVE Rumford, ME 04276

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Elevate Maine Realty

Elevate Maine Realty

+1(207) 331-4565

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 3,564 sqft

MLS Listing ID 1652668

Style Dutch Colonial

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 3,564

Year Built 1923

Annual Tax Amount $2,585

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Source Maine Listings

Land Area 3564

Property Description

Fully occupied 4-unit multifamily offering spacious layouts and exceptional in-place returns. The property features three large three-bedroom units and one one-bedroom unit, providing a highly desirable unit mix with broad tenant appeal. Currently producing a 13% cap rate, the asset delivers immediate, stable cash flow with additional upside potential through future rent growth and operational efficiencies. A rare opportunity to acquire a high-yield, fully occupied property with strong long-term investment fundamentals.

Location

State ME

County Oxford

Zoning Residential

Rooms

Basement Interior, Walk-Out Access, Full, Sump Pump

Interior

Heating Baseboard

Cooling None

Flooring Wood, Vinyl, Tile

Exterior

Parking Features 5 - 10 Spaces, Paved

Garage Spaces 2.0

Utilities Available 1

View Y/N No

Roof Type Shingle

Garage Yes

Building

Lot Description Level, Sidewalks, Near Town

Sewer Public Sewer

Water Public

Architectural Style Dutch Colonial

Structure Type Asbestos,Wood Frame

Others

Restrictions Unknown

Energy Description Oil

Maine MLS (MREIS) IDX

Nearby Locations

Elevate Maine Realty

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME, 04105-1301, USA

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154 Essex AVE