Description

Investment opportunity with this 4-unit apartment building featuring three currently leased units and one vacant unit, providing immediate income potential with room to increase cash flow. A new propane boiler was installed in 2024. The property is in need of some updates and improvements and is being sold as is. Also available is an adjacent 0.11-acre buildable lot with access to public water, public sewer, and utilities, offering potential for additional development or parking. The seller also has four additional rental properties available and would be willing to package them together for an expanded investment opportunity.

Location Details

State:: ME
County:: Oxford
City:: Rumford
Zipcode:: 04276
Street:: Pine
Street Suffix:: Street
Longitude:: W71° 26' 39.9''
Latitude:: N44° 32' 53.3''

Neighborhood

High School District:: RSU 10

Features

Heating System:: Baseboard, Hot Water, Propane, Gas Bottled
Cooling System:: None
Basement:: Walk-Out Access, Exterior Entry, Finished
Parking:: Off Site, Paved, 5 - 10 Spaces, Common
Waterfront Features:: Nearby
Sewer:: Public Sewer
Laundry Features:: Main Level, Upper Level
Flooring:: Vinyl, Wood, Tile, Laminate
Architectural Style:: Other

Additional Details

Year Built:: 1905

Listing Office

Office:: Coldwell Banker Sandy River Realty

Additional Information

Water Source:: Public
Stories:: 3
On Market Date:: 2026-07-08
Number Of Units Total:: 4
Lot Features:: Intown, Open Lot, Sidewalks, Near Shopping, Near Public Beach, Neighborhood, Rolling Slope, Near Golf Course, Near Country Club, Landscaped
Levels:: Multi-Level
Foundation Details:: Other, Stone
Electric:: Circuit Breakers
Construction Materials:: Wood Frame, Aluminum Siding
Building Size:: 3350