Bought with Keller Williams Realty
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20 Falmouth ST Rumford, ME 04276
SOLD DATE : 12/15/2025Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Sold Price $280,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,088 sqft
MLS Listing ID 1627279
Sold Date 12/15/25
Style Other
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,088
Year Built 1925
Annual Tax Amount $1,451
Tax Year 2024
Lot Size 0.270 Acres
Acres 0.27
Source Maine Listings
Land Area 2088
Property Description
This fully renovated 4-unit in the heart of Rumford is a rare find—offering both charm and serious cash flow. Boasting over a 12% cap rate, this property checks all the boxes for both new and seasoned investors. Major upgrades include new siding, porches, and a newer roof/heating system, ensuring low maintenance for years to come.
Each unit is well-maintained, and the building itself is a true standout—one of the most attractive multi-families in the area. Tenants benefit from updated systems and curb appeal, while owners benefit from strong rents and minimal headaches.
Opportunities like this don't last long. Whether you're looking to expand your portfolio or step into your first multifamily with confidence, this property delivers.
Location
State ME
County Oxford
Body of Water Androscoggin
Rooms
Basement Full, Doghouse, Unfinished
Interior
Heating Steam
Cooling Window Unit(s)
Flooring Vinyl
Exterior
Parking Features 1 - 4 Spaces, Concrete, Common, On Site
View Y/N No
Roof Type Flat
Garage No
Building
Lot Description Level, Sidewalks, Intown, Near Shopping
Story 3
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Propane, Oil
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