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131 Penobscot Street, 
Rumford, ME 04276

$199,900


Bed


3

Baths


2,016

Sq Ft


Multi-Family

Active

eXp Realty

Last updated:

August 16, 2026, 11:06 AM

MLS#

1675983

Source:

ME MREIS

About This Home

131 Penobscot Street

Income-property opportunity at 131 Penobscot Street in Rumford, currently configured as three residential units with 2 occupied apartments and a vacant upper unit. Public records report approximately 2,016 square feet, three bathrooms and about 0.16 acres. The building is served by municipal water and public sewer. The seller reports that the original clay sewer lateral was replaced with PVC approximately 20 years ago. Heat is provided by an oil-fired boiler with two approximately 275-gallon oil tanks that the seller estimates to be about 20 years old. Multiple electric domestic water heaters, three laundry hookups and four electrical panels were observed; exact utility allocation and metering require party verification. The main roof was reportedly replaced approximately five years ago. The front porch roof was not included in that work and currently shows evidence of leakage and interior water staining; the seller is evaluating repair. The seller has also observed a possible area of the newer main roof that may need attention. A former rear porch collapsed and was not rebuilt, and the associated exterior door remains secured. The property has a shared/common driveway; the seller reports that neighboring properties have rights to use it. The seller also reports that a sewer/plumbing service line serving a rear neighboring property passes through the cellar, so parties should review the deed, easement rights and maintenance responsibilities. The upper unit includes an exterior secondary exit and a bathroom sewage ejector/lift-pump system. The property is presently configured and used as three units, but municipal approval and legal three-unit status have not been independently verified. With one unit vacant and existing occupancy in the others, this property offers a path for an investor or owner-occupant to improve operations and rents over time. Parties should verify leases, income, permitted use, systems, parking, easements and condition as part of due diligence.

Home Facts

Multi-Family

3 Baths

Built in 1920

Price Summary

199,900

$99 per Sq. Ft.

MLS #:

1675983

Last Updated:

August 16, 2026, 11:06 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Architectural Style:

New Englander

Building Area:

2,016 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$199,900

Price per Sq. Ft:

$99 per Sq. Ft.

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MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.