Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring removed, enhancing safety and reducing near-term maintenance concerns. Currently operating at an 11.5% cap rate with below market rents, this offering presents an excellent opportunity for investors seeking a stabilized, income-producing asset with major systems already addressed.
Pending
$360,000
25 Falmouth Street, Rumford, ME 04276
18beds
5,070sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$71/sqft
$-- HOA
What's special
Larger unit layoutNew water heater
- 146 days |
- 8 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Elevate Maine Realty
Source: Maine Listings,MLS#: 1652591
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,Unfinished
Interior area
- Total structure area: 5,070
- Total interior livable area: 5,070 sqft
- Finished area above ground: 5,070
- Finished area below ground: 0
Property
Parking
- Parking features: Concrete, 1 - 4 Spaces
Lot
- Size: 6,969 Square Feet
- Features: City Lot, Level
Details
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Flat
Condition
- Year built: 1923
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Rumford
Financial & listing details
- Price per square foot: $71/sqft
- Annual tax amount: $2,789
- Date on market: 4/22/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Pending sale | $360,000$71/sqft |
Source:  Maine Listings #1652591 Report a problem | ||
| 4/22/2026 | Listed for sale | $360,000$71/sqft |
Source: Maine Listings #1652591 Report a problem | ||
| 3/24/2026 | Pending sale | $360,000$71/sqft |
Source: Maine Listings #1652591 Report a problem | ||
| 2/24/2026 | Listed for sale | $360,000$71/sqft |
Source: Maine Listings #1652591 Report a problem | ||
| 2/20/2026 | Listing removed | $360,000$71/sqft |
Source: Maine Listings #1646834 Report a problem | ||
| 12/17/2025 | Listed for sale | $360,000$71/sqft |
Source: Maine Listings #1646834 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 04276
Nearby schools
GreatSchools rating
- 3/10Mountain Valley High SchoolGrades: 9-12Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
