




25 Falmouth Street, Rumford, ME, 04276
18beds
6baths
5,070sqft
$360,000
$71price/sqft
$2,946/moest. monthly cost
$117,840/yrincome needed
About This Home
Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring removed, enhancing safety and reducing near-term maintenance concerns. Currently operating at an 11.5% cap rate with below market rents, this offering presents an excellent opportunity for investors seeking a stabilized, income-producing asset with major systems already addressed.
Getting Around
64
0
38
Schools
2/10
1/10
3/10
Construction
Condition
- Year built: 1923
Materials
- Roof: Flat
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Interior Entry,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 18
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Tile,Vinyl,Wood
- Finished area below ground: 0
- Finished area above ground: 5,070
Heating & Cooling
- Heating features: Baseboard,Hot Water
- Cooling features: None
Interior Area
- Total structure area: 5,070
- Total interior livable area: 5,070 sqft
Property
Details
- Zoning: Res
Lot
- Lot size: 6,969 sqft
- Features: City Lot,Level
Parking
- Parking features: Concrete,1 - 4 Spaces
