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Pending
    • $125,000

    429 Penobscot Street, Rumford, ME 04276

    4beds
    2,012sqft
    : 
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    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $62/sqft
    $-- HOA

    What's special

    New roof
    Fully occupied duplex in Rumford offering two 2-bedroom units with strong rental income. Currently producing a 10.5% cap rate, this turnkey property with a new roof in 2025 provides consistent cash flow and is an excellent addition to any investment portfolio.
    143 days
    |
    10
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elevate Maine Realty

    Source: Maine Listings,MLS#: 1652672MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard
      Cooling
      • None
      Features
      • Flooring: Tile, Vinyl, Wood
      • Basement: Interior Entry,Unfinished
      Interior area
      • Total structure area: 2,012
      • Total interior livable area: 2,012 sqft
      • Finished area above ground: 2,012
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Common, 1 - 4 Spaces
      Lot
      • Size: 6,098 Square Feet
      • Features: Near Town, Rolling Slope
      Details
      • Parcel number: RUMFM112L211
      • Zoning: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: New Englander
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Asbestos
      • Roof: Shingle
      Condition
      • Year built: 1910

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Rumford

      Financial & listing details

      • Price per square foot: $62/sqft
      • Tax assessed value: $81,500
      • Annual tax amount: $1,526
      • Date on market: 4/14/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/28/2026Pending sale$125,000$62/sqft
        Source: Maine Listings #1652672 Report a problem
        4/14/2026Listed for sale$125,000$62/sqft
        Source: Maine Listings #1652672 Report a problem
        3/6/2026Pending sale$125,000$62/sqft
        Source: Maine Listings #1652672 Report a problem
        2/25/2026Listed for sale$125,000$62/sqft
        Source: Maine Listings #1652672 Report a problem
        2/20/2026Listing removed$125,000$62/sqft
        Source: Maine Listings #1638872 Report a problem
        9/25/2025Listed for sale$125,000+598.3%$62/sqft
        Source: Maine Listings #1638872 Report a problem
        4/12/2012Sold$17,900$9/sqft
        Source: Maine Listings #1042383 Report a problem
        3/22/2012Price change$17,900-28.1%$9/sqft
        Source: Homepath #1042383 Report a problem
        2/21/2012Price change$24,900-70.4%$12/sqft
        Source: Homepath #1042383 Report a problem
        2/19/2012Listed for sale--
        Source: Homepath #1042383 Report a problem
        4/4/2011Sold$84,000$42/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,355 +5%$81,500 +40%
        2023$1,291 $58,200
        2022$1,291 -1.2%$58,200
        2021$1,307 -0.6%$58,200
        2020$1,315 -12.3%$58,200 +18.4%
        2019$1,499 +2.5%$49,140
        2018$1,462 +3.1%$49,140
        2017$1,418 +3.1%$49,140
        2016$1,376 +2%$49,140
        2015$1,349 +1.9%$49,140
        2014$1,324 +12.3%$49,140
        2013$1,179 -1.1%$49,140
        2012$1,192 +7.8%$49,140
        2011$1,106 $49,140
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 04276

        Getting around

        56 / 100
        Somewhat Walkable
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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