25 Maine Avenue Rumford
Multi-Family
for Sale
| Catylist Listing ID: |
30870428 |
| Property Subtypes: |
Mid-Rise
|
| Number of Units: |
6 Units |
| Building Size (RSF): |
4,200 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$300,000 |
| Unit Price: |
$50,000 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Usable Size (USF): |
4,200 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/16/2024 |
Overview / Comments
|
Introducing this large, 6-unit multi-family property in the heart of Rumford! At a 15.2% stabilized cap rate, 25 Maine has both rental income and value-add avenues. With two unfinished units, the opportunity presents to bring your vision and add your finishing touches! The two 2-bedroom and four 3-bedroom units boast an abundance of natural light. 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: |
RUMF-000117-000000-000245 |
| 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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