Great opportunity to own 2 rental buildings on the same lot or rent the 2 story 2 unit building and live in the single family out back. The 2 unit apartment building, each with 2 bedrooms and bathrooms, has a 3rd floor with 4 finished rooms not included in the square footage. This area could be used as storage or additional rooms for the 2nd floor apartment. There are two on-site parking spaces on the left plus a canopy/carport to the right for tenants and a detached stone garage out back used by the single family - currently used as storage but with some attention it would be able to house vehicles. The single family in back is owner occupied. The 2 unit building rents are currently below market. The single family has 2 bedrooms plus an additional room and bath on the 2nd floor. The forced hot air furnace is not working currently. The seller has a new pellet stove that was installed in Dec/January.
Close to the hospital and all town amenities and facilities. Add this to your investment portfolio.
Closed
$137,000
231 Franklin Street, Rumford, ME 04276
6beds
2,652sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$52/sqft
$2,466 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,466/mo
Zestimate® history
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$925/mo
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Close to the hospitalNew pellet stove
Zillow last checked:
Listing updated:
Listed by:
Hebert Realty Group info@hebertrealtygroup.com
Bought with:
Maine Real Estate Pros
Source: Maine Listings,MLS#: 1564101
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Other, Stove
Cooling
- None
Features
- Attic
- Flooring: Carpet, Vinyl
- Basement: Interior Entry,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,652
- Total interior livable area: 2,652 sqft
- Finished area above ground: 2,652
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Other, 1 - 4 Spaces, On Site, Carport, Detached, Storage
- Garage spaces: 3
- Has carport: Yes
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 5,227 sqft
- Features: Interior Lot, Near Shopping, Near Town, Level, Sidewalks
Details
- Parcel number: RUMFM117L096
- Zoning: Residential
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Asbestos, Composition
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Rumford
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2023 | Sold | $137,000$52/sqft |
Source:  Maine Listings #1564101 Report a problem | ||
| 7/26/2023 | Pending sale | $137,000$52/sqft |
Source: Maine Listings #1564101 Report a problem | ||
| 7/2/2023 | Listed for sale | $137,000$52/sqft |
Source: Maine Listings #1564101 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,368 +4.8% | $142,500 +39.8% |
| 2023 | $2,260 | $101,900 |
| 2022 | $2,260 -1.2% | $101,900 |
| 2021 | $2,288 -0.7% | $101,900 |
| 2020 | $2,303 -0.4% | $101,900 +34.4% |
| 2019 | $2,313 +2.5% | $75,840 |
| 2018 | $2,256 +3.1% | $75,840 |
| 2017 | $2,188 +3% | $75,840 |
| 2016 | $2,124 +2% | $75,840 |
| 2015 | $2,082 +1.9% | $75,840 |
| 2014 | $2,044 +12.3% | $75,840 |
| 2013 | $1,820 -1% | $75,840 |
| 2012 | $1,839 +7.8% | $75,840 |
| 2011 | $1,706 | $75,840 +0.4% |
| 2005 | -- | $75,530 |
Find assessor info on the county website
Neighborhood: 04276
Nearby schools
GreatSchools rating
- 2/10Rumford Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 1/10Mountain Valley Middle SchoolGrades: 5-8Distance: 1.4 mi
- 3/10Mountain Valley High SchoolGrades: 9-12Distance: 1.1 mi
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- Maine
- Oxford County
- Rumford
- 04276
- 231 Franklin Street
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