Located in the heart of Rumford, this recently upgraded duplex presents a fantastic opportunity for investors looking to grow their rental portfolio. With two spacious tenant-occupied units and ample onsite parking, this building recently received an upgraded boiler and areas of newly-added vinyl siding. Two full boxes of unused siding remain on-site and will convey with the property.
The first unit occupies the entire first floor with three bedrooms and one bathroom and the second unit occupies the entire second and third floors with five bedrooms and two bathrooms. For investors thinking about ways to maximize returns: the building once contained 3 units and heat, water, and electricity already exist in a 3 unit configuration.
Closed
$95,400
138 Penobscot Street, Rumford, ME 04276
7beds
2,808sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$34/sqft
$1,657 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,657/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Pouliot Real Estate 207-248-6044
Bought with:
Pouliot Real Estate
Source: Maine Listings,MLS#: 1582277
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Bathtub
- Flooring: Carpet, Vinyl
- Basement: Bulkhead,Full,Unfinished
Interior area
- Total structure area: 2,808
- Total interior livable area: 2,808 sqft
- Finished area above ground: 2,808
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Paved, 5 - 10 Spaces, On Site
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Porch
Lot
- Size: 4,791 Square Feet
- Features: City Lot, Neighborhood, Corner Lot, Sidewalks
Details
- Parcel number: RUMFM117L200
- Zoning: RD
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone
- Roof: Flat
Condition
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On, Pole
Community & HOA
Location
- Region: Rumford
Financial & listing details
- Price per square foot: $34/sqft
- Tax assessed value: $91,500
- Annual tax amount: $1,451
- Date on market: 3/28/2024
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2024 | Sold | $95,400-9.1%$34/sqft |
Source:  Maine Listings #1582277 Report a problem | ||
| 6/5/2024 | Pending sale | $105,000$37/sqft |
Source: Maine Listings #1582277 Report a problem | ||
| 5/29/2024 | Price change | $105,000-16%$37/sqft |
Source: Maine Listings #1582277 Report a problem | ||
| 4/16/2024 | Price change | $124,999-16.7%$45/sqft |
Source: Maine Listings #1582277 Report a problem | ||
| 3/28/2024 | Listed for sale | $150,000$53/sqft |
Source: Maine Listings #1582277 Report a problem | ||
| 3/8/2024 | Pending sale | $150,000$53/sqft |
Source: Maine Listings #1582277 Report a problem | ||
| 2/15/2024 | Listed for sale | $150,000+206.1%$53/sqft |
Source: Maine Listings #1582277 Report a problem | ||
| 6/18/2020 | Listing removed | $49,000$17/sqft |
Source: Bean Group #1409315 Report a problem | ||
| 10/31/2019 | Price change | $49,000-21.6%$17/sqft |
Source: Bean Group #1409315 Report a problem | ||
| 5/8/2019 | Listed for sale | $62,500$22/sqft |
Source: Bean Group #1409315 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,521 +4.8% | $91,500 +39.9% |
| 2023 | $1,451 | $65,400 |
| 2022 | $1,451 -1.2% | $65,400 |
| 2021 | $1,468 -0.7% | $65,400 |
| 2020 | $1,478 -16% | $65,400 +13.3% |
| 2019 | $1,760 +2.5% | $57,720 |
| 2018 | $1,717 +3.1% | $57,720 |
| 2017 | $1,665 +3% | $57,720 |
| 2016 | $1,616 +2% | $57,720 |
| 2015 | $1,584 +1.8% | $57,720 |
| 2014 | $1,556 +12.3% | $57,720 |
| 2013 | $1,385 -1.1% | $57,720 |
| 2012 | $1,400 +25.9% | $57,720 +16.8% |
| 2011 | $1,112 | $49,420 -14.4% |
| 2005 | -- | $57,730 |
Find assessor info on the county website
Neighborhood: 04276
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Nearby schools
GreatSchools rating
- 3/10Mountain Valley High SchoolGrades: 9-12Distance: 1.2 mi
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- Maine
- Oxford County
- Rumford
- 04276
- 138 Penobscot Street
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