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$450,000   Price Analysis
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52 Falmouth St
Rumford, ME 04276
Unknown bed 9 bath 8,109 SqFt ($55/SqFt)
4,792SqFt lot. Built 1920
Listed 2024-02-29
USDA Eligible
near Rumford, ME
 Restrictions may apply
due to home size

Nice solid 9 unit offers 2-4 bedroom units

* Has Contingent Offer *

1-3 bedroom unit and 6-2 bedroom units along with many updates! This building has been thru the lead abatement program and offers new staircase/porch, new windows, new exterior doors and som of the units have been updated.

The location is in walking distance to the many amenities around the town of Rumford to in clude the grocery store and a really nice field complex, Hosmer Field. This building is a fantastic investment. the tenants pay their own heat and electricity. nothing to do but sit back and collect the income!


Presented by Renee's Realty Network - Renee Roy at
Better Homes and Gardens Real Estate The Masiello Group.
Listing Agent Photo

Property MLS #1583108 from MaineListings

Total Bathrooms: 9
Full Bathrooms: 9

1st Floor Bedroom
Storage
Flooring: Wood, Vinyl

Basement Features: Brick/Mortar, Full, Exterior Only, Unfinished

Heating Features: Radiant, Direct Vent Heater
Heating: Yes

Patio And Porch Features: Porch

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

Parking Features: No Driveway

View: Scenic, Fields

Gross Income: 99996

Number of Units: 9

Calculated Total Monthly Association Fees: 0
Pets Allowed: No Restrictions

Annual Tax Amount: 3522
Source Listing Status: Active Under Contract
County: Oxford
Directions: Rt 108, turn right onto N Main St, Left onto River Rd aka Rt 2/17 which turns into Main St then Lincoln Ave, once you see the ball fields take a left on Falmouth St, building is on the left
Tax Year: 2024
Source Property Type: Multi-Family
Parcel Number: RUMF-000113-000000-000321
Postal Code Plus 4: 1661
Zoning: Residential
Source System Name: C2C

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Operating Expense: 19992

Year Built: 1920
Above Grade Finished Area: 8109
Building Area Total: 8109
Building Exterior Type: Composition, Clapboard, Wood Frame
Construction Materials: Composition, Clapboard, Wood Frame
Foundation Details: Block, Stone, Concrete Perimeter, Brick/Mortar
Property Age: 104
Roof: Flat, Pitched, Shingle
Levels or Stories: 3
Building Total Stories: 3
Architectural Style: Cape, Multi-Level

Sewer: Public Sewer
Utilities On
Water Source: Public

Mountain Valley High School is a public high school located approximately 1 miles away.
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Mountain Valley Middle School is a public elementary and middle school located approximately 1 miles away.
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Roy House-Rumford Group Home is a private elementary and middle school located approximately 0.3 miles away.
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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.