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512 Kennebec Street, 
Rumford, ME 04276

$400,000


Bed


7

Baths


4,368

Sq Ft


Multi-Family

Active

Listed by

Tyler Stewart

Keller Williams Realty

Last updated:

October 16, 2025, 04:10 PM

MLS#

1638860

Source:

ME MREIS

About This Home

512 Kennebec Street

Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (5) three-bedroom units and (2) two-bedroom units with a 3 year old roof. Currently operating with just one vacancy and producing a 9.2% cap rate, the property offers immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 15% cap rate potential. Recent improvements include a roof less than three years old, adding further stability for investors.

Home Facts

Multi-Family

7 Baths

Built in 1922

Price Summary

400,000

$91 per Sq. Ft.

MLS #:

1638860

Last Updated:

October 16, 2025, 04:10 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

4,368 Sq. Ft.


Structure

Structure

Architectural Style:

New Englander

Building Area:

4,368 Sq. Ft.

Year Built:

1922


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$400,000

Price per Sq. Ft:

$91 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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