Active

$235,000

245 Pine Street, Rumford, ME 04276

11beds

3,350sqft

N/A

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Multi Family

Built in 1905

-- sqft lot

$-- Zestimate^®

$70/sqft

$-- HOA

What's special

Investment opportunity with this 4-unit apartment building featuring three currently leased units and one vacant unit, providing immediate income potential with room to increase cash flow. A new propane boiler was installed in 2024. The property is in need of some updates and improvements and is being sold as is. Also available is an adjacent 0.11-acre buildable lot with access to public water, public sewer, and utilities, offering potential for additional development or parking. The seller also has four additional rental properties available and would be willing to package them together for an expanded investment opportunity.

44 days

143

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Hot Water

Cooling

None

Features

Flooring: Laminate, Tile, Vinyl, Wood
Basement: Exterior Entry,Walk-Out Access,Finished

Interior area

Total structure area: 3,350
Total interior livable area: 3,350 sqft
Finished area above ground: 2,250
Finished area below ground: 1,100

Property

Parking

Parking features: Common, Paved, 5 - 10 Spaces, Off Site

Features

Levels: Multi/Split
Stories: 3

Lot

Size: 6,098 Square Feet
Features: City Lot, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Open Lot, Rolling Slope, Sidewalks, Landscaped

Details

Parcel number: RUMFM116L101
Zoning: residential
Other equipment: Cable, Internet Access Available

Construction

Type & style

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

Materials

Wood Frame, Aluminum Siding
Foundation: Stone, Other
Roof: Metal

Condition

Year built: 1905

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Rumford

Financial & listing details

Price per square foot: $70/sqft
Tax assessed value: $108,600
Annual tax amount: $2,034
Date on market: 7/8/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/8/2026	Listed for sale	$235,000+8.8%$70/sqft
Source: Maine Listings #1670829 Report a problem
4/16/2021	Sold	$216,000$64/sqft
Source: Maine Listings #1478949 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,805 +5%	$108,600 +40.1%
2023	$1,719	$77,500
2022	$1,719 -1.2%	$77,500
2021	$1,740 -0.7%	$77,500
2020	$1,752 +43%	$77,500 +93%
2019	$1,225 +2.6%	$40,151
2018	$1,194 +3.1%	$40,151
2017	$1,158 +3%	$40,151
2016	$1,124 +2%	$40,151
2015	$1,102 +1.8%	$40,151
2014	$1,082	$40,151