48 Essex AVE, Rumford, ME 04276
48 Essex AVE, Rumford, ME 04276
48 Essex AVE, Rumford, ME 04276
48 Essex AVE, Rumford, ME 04276
48 Essex AVE, Rumford, ME 04276
48 Essex AVE, Rumford, ME 04276
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Luke Morris

Luke Morris

+1(603) 401-5858
Listed by Tyler Stewart Elevate Maine Realty
$ 300,000
Est. payment | /mo

5 Baths

3,348 SqFt

Save
$ 300,000
Est. payment | /mo
Save

5 Baths

3,348 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,348 sqft

Price per Sqft $89

MLS Listing ID 1652592

Full Baths 5

HOA Y/N No

Year Built 1923

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Source Maine Listings

Land Area 3348

Property Description

Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 10.5% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years old. A well-maintained, turnkey investment with proven performance and strong fundamentals.

Location

State ME

County Oxford

Zoning Res

Rooms

Basement Interior Entry, Full, Unfinished

Interior

Heating Oil, Baseboard, Hot Water

Cooling None

Flooring Tile, Vinyl, Wood

Exterior

Parking Features Common, 1 - 4 Spaces

Roof Type Flat

Garage No

Building

Lot Description Near Town, Level

Entry Level Multi-Level

Water Public

Architectural Style Other

Others

Tax ID RUMF-000113-000000-000322

Maine MLS (MREIS) IDX

Nearby Locations

Luke Morris

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(603) 401-5858

[email protected]

P.O. Box 951, Wells, Maine 04090, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Luke Morris, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

48 Essex AVE