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425 Cumberland Street, 
Rumford, ME 04276

$360,000

—

Bed

6

Baths

4,500

Sq Ft

Multi-Family

Active

Listed by

Tyler Stewart

Keller Williams Realty

Last updated:

December 17, 2025, 09:10 PM

MLS#

1646825

Source:

ME MREIS

About This Home

425 Cumberland Street

Well-located 6-unit multifamily comprised of a desirable unit mix of three (3) 2-bedroom apartments and three (3) 3-bedroom apartments. The property currently has one rent ready vacancy, providing immediate upside through lease-up and income stabilization. The building is operating at a 10.5% cap rate, with a clear path to increased performance. Through rent optimization and full occupancy, the property shows potential to achieve a 14%+ cap rate, making this an attractive opportunity for investors seeking both cash flow and value appreciation. Additional upside is supported by a newer furnace, helping reduce near-term capital expenditure concerns while improving operational efficiency. An ideal acquisition for investors looking to step into a light value-add opportunity with meaningful income growth potential.

Home Facts

Multi-Family

6 Baths

Built in 1923

Price Summary

360,000

$80 per Sq. Ft.

MLS #:

1646825

Last Updated:

December 17, 2025, 09:10 PM

Rooms & Interior

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

4,500 Sq. Ft.

Structure

Structure

Building Area:

4,500 Sq. Ft.

Year Built:

1923

Lot

Lot Size (Sq. Ft):

7,840

Finances & Disclosures

Finances

Price:

$360,000

Price per Sq. Ft:

$80 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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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.