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Property view

222 Hancock Street, 
Rumford, ME 04276

$275,000


Bed


4

Baths


5,460

Sq Ft


Multi-Family

Sold

Listed by

Anthony Deiulio

Bought with Fontaine Family-The Real Estate Leader

Deiulio Realty Group Inc.

MLS#

1587551

Source:

ME MREIS

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About This Home

222 Hancock Street

This charming four-unit brick apartment building located in Rumford boasts strong cash flow, 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 spacious 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 ceilings. 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 great 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 condition. A well-maintained investment opportunity, all apartments are currently leased with deposits, and tenants have been on site for years.

Home Facts

Multi-Family

4 Baths

Built in 1900

Price Summary

265,000

$48 per Sq. Ft.

MLS #:

1587551

Sold:

June 18, 2024


Rooms & Interior

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

5,460 Sq. Ft.


Structure

Structure

Building Area:

5,460 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$265,000

Price per Sq. Ft:

$48 per Sq. Ft.

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