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323 Cumberland Street, 
Rumford, ME 04276

$420,000


Bed


8

Baths


6,300

Sq Ft


Multi-Family

Active

Listed by

Tyler Stewart

Keller Williams Realty

Last updated:

June 24, 2025, 03:06 PM

MLS#

1627439

Source:

ME MREIS

About This Home

323 Cumberland Street

This 8-unit multifamily is a value-add opportunity with real upside—2 units are currently vacant, giving investors a head start on repositioning and boosting rents. The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units. Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.

Home Facts

Multi-Family

8 Baths

Built in 1920

Price Summary

420,000

$66 per Sq. Ft.

MLS #:

1627439

Last Updated:

June 24, 2025, 03:06 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

6,300 Sq. Ft.


Structure

Structure

Building Area:

6,300 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$420,000

Price per Sq. Ft:

$66 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing 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. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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