325 Cumberland Street, Rumford, ME, 04276
About This Home
Six-unit multifamily on Cumberland Street offering significant upside through filling vacancies. While the property is currently 50% vacant, all units are rent-ready and positioned for immediate occupancy. The property features separate electric and a functional layout that supports straightforward management. Once fully leased, the projected stabilized cap rate is over 18%, presenting a strong return profile for investors focused on cash flow and value creation. With units ready to be placed and clear income upside through stabilization, this asset offers a defined path to improved performance in a proven rental market. Financials available upon request.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1925
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,Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 17
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Tile,Vinyl
- Finished area below ground: 0
- Finished area above ground: 4,680
Heating & Cooling
- Heating features: Baseboard
- Cooling features: None
Interior Area
- Total structure area: 4,680
- Total interior livable area: 4,680 sqft
Property
Details
- Parcel number: RUMFM113L255
- Zoning: Unk
Features
- Levels: Multi/Split
Lot
- Lot size: 6,098 sqft
- Features: City Lot,Level,Sidewalks
Parking
- Parking features: Concrete,1 - 4 Spaces
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Winter Weather
- Cold Wave
- Hurricane
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,516 | $18,192 |
| Home Insurance | $108 | $1,296 |
| Property Taxes | $377 | $4,524 |
| Electricity | $680 | $8,163 |
| Total | $2,681 | $32,172 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-02 | Listed for sale | $300,000 |
| 2026-01-13 | Listing removed | $875 |
| 2026-01-01 | Listing removed | $340,000 |
| 2025-11-06 | Listed for rent | $875 |
| 2025-10-20 | Price change | $340,000 |
| 2025-06-20 | Listed for sale | $350,000 |
For Sale by Agent
View on Zillow