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429 Penobscot Street, Rumford, ME, 04276

4beds
2baths
2,012sqft
$125,000
$62price/sqft
$1,134/moest. monthly cost
$45,360/yrincome needed

About This Home

Fully occupied duplex in Rumford offering two 2-bedroom units with strong rental income. Currently producing a 10.5% cap rate, this turnkey property with a new roof in 2025 provides consistent cash flow and is an excellent addition to any investment portfolio.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

2/10
Rumford Elementary SchoolGrades PK-40.1 mi
1/10
3/10

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame,Asbestos

Type & Style

  • Home type: MultiFamily
  • Architectural style: New Englander
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Tile,Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,012

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 2,012
  • Total interior livable area: 2,012 sqft

Property

Details

  • Parcel number: RUMFM112L211
  • Zoning: Residential

Lot

  • Lot size: 6,098 sqft
  • Features: Near Town,Rolling Slope

Parking

  • Parking features: Common,1 - 4 Spaces