Located in the heart of Rumford

This recently upgraded duplex presents fantastic opportunity for investors l ooking to grow their rental portfolio. With two big tenant-occupied units and ample onsite parking, this building recently received an upgraded boiler and areas of newly-added vinyl siding. Two full boxes of unused siding remain on-site and will convey with the property.

The first unit occupies the entire first floor with three bedrooms and one bathroom and the second unit occupies the entire second and third floors with five bedrooms and two bathrooms. For investors thinking about ways to maximize returns: the building once contained 3 units and heat, water and electricity already exist in a 3 unit configuration.

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on 138 Penobscot St
in Rumford, ME
Presented by Kyle Dennis at
Pouliot Real Estate.


Property MLS #1582277 from MaineListings

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+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

+ Interior Features

Bathtub
Flooring: Vinyl, Carpet

+ Other Rooms

Basement Features: Bulkhead, Full, Exterior Entry, Unfinished

+ Heating and Cooling

Heating Features: Hot Water, Baseboard
Heating: Yes

+ Exterior and Lot Features

Fencing: Fenced
Patio And Porch Features: Porch

+ Land Info

Lot Description: Corner Lot, Sidewalks, Intown, Neighborhood
Lot Size Acres: 0.11
Lot Size Square Feet: 4792

+ Garage and Parking

Parking Features: 5 - 10 Spaces, Paved, Common, On Site

+ Rental Info

Gross Income: 25080

+ Multi-Unit Info

Number of Units: 2

+ School Information

School District: RSU 10
+ Display Complete School Details

Mountain Valley High School is a public high school located approximately 1.2 miles away.
Map directions

Mountain Valley Middle School is a public elementary and middle school located approximately 1.3 miles away.
Map directions

Holy Savior School is a private elementary and middle school located approximately 0.1 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 1451
Source Listing Status: Active
County: Oxford
Directions: GPS Friendly
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: RUMF-000117-000000-000200
Postal Code Plus 4: 1979
Zoning: RD
Source System Name: C2C
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'NoneType' object is not iterable

+ Commercial Info

Operating Expense: 13175

+ Building and Construction

Year Built: 1925
Above Grade Finished Area: 2808
Building Area Total: 2808
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone, Concrete Perimeter
Property Age: 99
Roof: Flat
Levels or Stories: 3
Building Total Stories: 3
Architectural Style: Duplex, Multi-Level

+ Utilities

Sewer: Public Sewer
Utilities On
Pole
Water Source: Public