Closed

$300,000

205 Cumberland Street, Rumford, ME 04276

18beds

7,455sqft

Multi Family

Built in 1910

-- sqft lot

$374,500 Zestimate^®

$40/sqft

$1,091 Estimated rent

Home value

$374,500

$322,000 - $434,000

$1,091/mo

Zestimate^® history

Owner options

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$1,091/mo

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$1,091/mo

Rent Zestimate^®

Refinance and save

$1,541/mo

Est. payment

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$1,541/mo

Est. payment

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What's special

New upgradesConvenience to shoppingNewer furnace

205 Cumberland is a large, value add 6-unit with a 7th unit currently under construction! With updated electrical, a newer furnace and many new upgrades, this property boasts both equity and rental income opportunities. Conveniently located in town, this property promotes accessibility and convenience to shopping, schools, and other public amenities.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18
Bathrooms: 6
Full bathrooms: 6

Heating

Baseboard, Hot Water

Cooling

None

Features

Flooring: Tile, Vinyl, Wood
Basement: Interior Entry

Interior area

Total structure area: 7,455
Total interior livable area: 7,455 sqft
Finished area above ground: 7,455
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: Multi/Split

Lot

Size: 6,534 Square Feet

Details

Parcel number: RUMFM113L246
Zoning: Residential

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Roof: Flat

Condition

Year built: 1910

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Rumford

Financial & listing details

Price per square foot: $40/sqft
Tax assessed value: $157,700
Annual tax amount: $2,497
Date on market: 3/29/2024

Price history

Date	Event	Price
6/28/2024	Sold	$300,000-14.3%$40/sqft
Source: Maine Listings #1585255 Report a problem
5/14/2024	Pending sale	$350,000$47/sqft
Source: Maine Listings #1585255 Report a problem
3/29/2024	Listed for sale	$350,000$47/sqft
Source: Maine Listings #1585255 Report a problem
5/4/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
4/19/2022	Listed for rent	$1,300+4%
Source: Zillow Rental Manager Report a problem
10/14/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
10/7/2021	Listed for rent	$1,250
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,621 +5%	$157,700 +40.1%
2023	$2,497	$112,600
2022	$2,497 -1.2%	$112,600
2021	$2,528 -0.7%	$112,600
2020	$2,545 +30.3%	$112,600 +75.8%
2019	$1,953 +2.5%	$64,042
2018	$1,905 +3.1%	$64,042
2017	$1,848 +3.1%	$64,042
2016	$1,793 +2%	$64,042
2015	$1,758 +1.9%	$64,042
2014	$1,726	$64,042