$265,000 Price Analysis    ♡   Rumford, ME 04276 Unknown bed 4 bath 5,460 SqFt ($48/SqFt) 8,712SqFt lot. Built 1900 Listed 2024-04-26 | ✓ USDA Eligible near Rumford, ME Restrictions may apply due to home size |
This charming four-unit brick apartment building located in Rumford boasts strong cash flow
* Has Contingent Offer *Dependable long-term tenants and abundant character both inside and out. Offering off-street parking for five vehicles and a front entry with a handicap ramp, the property features two open units on the main level and two on the second floor, each with its own private entrance. Inside, you'll find solid hardwood floors throughout most of the building, complemented by vinyl and plank flooring in the bathrooms. The kitchens vary slightly in design but all feature floor-to-ceiling cabinetry, washer and dryer hookups and high ceiling s.
With large living rooms, dining areas and three bedrooms per unit, some even offering a pantry and private hallway, the layout is both functional and inviting. Bright and generously sized rooms, most equipped with closets, ensure comfortable living spaces. The basement is cleaned out and in extraordinary order and houses a new heating system shared among the units, along with separate CMP meters for each unit and a common account. The property has undergone lead-based paint abatement and had its windows replaced around 2010, while the rubber membrane roof, installed in 2004, remains in great cndition. A well-maintained investment opportunity, all apartments are currently leased with deposits and tenants have been on site for years.
Presented by Anthony Deiulio at
Deiulio Realty Group Inc.
Property MLS #1587551 from MaineListings
Full Bathrooms: 4
One-Floor Living
Flooring: Wood, Vinyl
Heating: Yes
Patio And Porch Features: Deck, Porch
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Source Listing Status: Active Under Contract
County: Oxford
Tax Year: 2024
Source Property Type: Multi-Family
Parcel Number: 220HancockStRumfordME
Zoning: Residential
Source System Name: C2C
Above Grade Finished Area: 5460
Building Area Total: 5460
Building Exterior Type: Brick, Masonry
Construction Materials: Brick, Masonry
Foundation Details: Concrete Perimeter, Brick/Mortar
Property Age: 124
Roof: Membrane
Architectural Style: Other Style
Utilities On
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.