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  • $330,000

    50 Spruce Street, Rumford, ME 04276

    18beds
    6,570sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $385,200 Zestimate®
    $50/sqft
    $1,448 Estimated rent

    Home value

    $385,200

    Estimated sales range

    Not available

    $1,448/mo

    Zestimate® history
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    $1,695/mo

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    What's special

    Presenting a great opportunity for investors! 50 Spruce Street is a solid, six-unit building with many recent updates and renovations. Located on a quiet street convenient to Route 2, yet close to town conveniences. Currently, two units are rented; and three of the four vacant units have been updated with new floors, radiator covers, cabinets/countertops, and bathrooms. You will have the opportunity to locate new tenants and rent each of the vacant units at current market rates. Or, you could owner-occupy and let the rent take care of the mortgage! This would be the perfect home for an outdoor enthusiast, as you would be living close to so many outdoor recreation opportunities; within 30 minutes you can do all of the following: ski at Sunday River or Black Mountain, kayak or canoe on the Androscoggin River, and camp or hike at Mount Blue State Park, Grafton Notch State Park, or Maine's public reserved land. A 48 hour lead time is requested for showings, if possible. Minimum 24 hours is required to notify tenants.

    Zillow last checked:

    Listing updated:

    Listed by:

    Coldwell Banker Realty 207-967-9900

    Bought with:

    EXP Realty

    Source: Maine Listings,MLS#: 1602662MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • Flooring: Vinyl, Wood
    • Basement: Exterior Entry,Dirt Floor,Unfinished
    Interior area
    • Total structure area: 6,570
    • Total interior livable area: 6,570 sqft
    • Finished area above ground: 6,570
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: Multi/Split
    Lot
    • Size: 6,969 sqft
    • Features: Suburban, Level
    Details
    • Parcel number: RUMFM117L026
    • Zoning: Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Block
    • Roof: Flat
    Condition
    • Year built: 1925

    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

    DateEventPrice
    10/23/2024Sold$330,000+10%$50/sqft
    Source: Maine Listings #1602662 Report a problem
    9/12/2024Pending sale$300,000$46/sqft
    Source: Maine Listings #1602662 Report a problem
    9/5/2024Listed for sale$300,000+252.9%$46/sqft
    Source: Maine Listings #1602662 Report a problem
    6/20/2017Listing removed$85,000$13/sqft
    Source: Riverside Realty #1124113 Report a problem
    11/3/2016Listed for sale$85,000$13/sqft
    Source: Riverside Realty #1124113 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,025 +4.9%$182,000 +40%
    2023$2,883 $130,000
    2022$2,883 -1.2%$130,000
    2021$2,919 -0.6%$130,000
    2020$2,938 +27.5%$130,000 +72.1%
    2019$2,304 +2.5%$75,556
    2018$2,248 +3.1%$75,556
    2017$2,180 +3%$75,556
    2016$2,116 +2%$75,556
    2015$2,074 +1.9%$75,556
    2014$2,036 $75,556

    Find assessor info on the county website

    Neighborhood: 04276

    Nearby schools

    GreatSchools rating
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