205 Cumberland Street, Rumford
Multi-Family
for Sale
| Catylist Listing ID: |
30870423 |
| Property Subtypes: |
Mid-Rise, Other
|
| Number of Units: |
7 Units |
| Building Size (RSF): |
7,455 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$350,000 |
| Unit Price: |
$50,000 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/16/2024 |
Overview / Comments
|
205 Cumberland is a large, value add 6-unit with a 7th unit currently under construction! With updated electrical, a newer furnace and many new upgrades, this property boasts both equity and rental income opportunities. Conveniently located in town, this property promotes accessibility and convenience to shopping, schools, and other public amenities.
|
Additional Details
| Nearest MSA: |
Lewiston-Auburn |
| County: |
Oxford |
| Tax ID/APN: |
17270_113-246 |
| Zoning: |
RES |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,866 |
5,262 |
8,711 |
| Median Age: |
39.78 |
43.32 |
44.8 |
| Households: |
1,358 |
2,448 |
3,911 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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