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Pending
  • $400,000

    512 Kennebec Street, Rumford, ME 04276

    18beds
    4,368sqft
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    Multi Family
    Built in 1922
    -- sqft lot
    $-- Zestimate®
    $92/sqft
    $-- HOA

    What's special

    Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (4) three-bedroom units and (3) two-bedroom units. The property includes one rent-ready vacancy and is currently producing a 9.6% cap rate, offering immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 17% cap rate potential. Recent capital improvements include a roof less than three years old, adding further stability for investors.
    138 days
    |
    4
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elevate Maine Realty

    Source: Maine Listings,MLS#: 1652664MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 18
      • Bathrooms: 7
      • Full bathrooms: 7
      Heating
      • Baseboard
      Cooling
      • None
      Features
      • Flooring: Tile, Vinyl, Wood
      • Basement: Interior Entry,Unfinished
      Interior area
      • Total structure area: 4,368
      • Total interior livable area: 4,368 sqft
      • Finished area above ground: 4,368
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Common, 1 - 4 Spaces
      Lot
      • Size: 6,098 Square Feet
      • Features: Near Town, Level
      Details
      • Parcel number: RUMFM113L049
      • Zoning: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: New Englander
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Vinyl Siding
      • Roof: Flat
      Condition
      • Year built: 1922

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Rumford

      Financial & listing details

      • Price per square foot: $92/sqft
      • Tax assessed value: $196,800
      • Annual tax amount: $3,686
      • Date on market: 4/22/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/28/2026Pending sale$400,000$92/sqft
        Source: Maine Listings #1652664 Report a problem
        4/22/2026Listed for sale$400,000$92/sqft
        Source: Maine Listings #1652664 Report a problem
        3/24/2026Pending sale$400,000$92/sqft
        Source: Maine Listings #1652664 Report a problem
        2/25/2026Listed for sale$400,000$92/sqft
        Source: Maine Listings #1652664 Report a problem
        2/20/2026Listing removed$400,000$92/sqft
        Source: Maine Listings #1638860 Report a problem
        9/25/2025Listed for sale$400,000+39860%$92/sqft
        Source: Maine Listings #1638860 Report a problem
        4/13/2007Sold$1,001
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,271 +5%$196,800 +40.1%
        2023$3,116 +2.9%$140,500 +2.9%
        2022$3,028 -1.2%$136,500
        2021$3,064 -0.7%$136,500
        2020$3,085 +86.4%$136,500 +151.5%
        2019$1,655 +2.5%$54,270
        2018$1,615 +3.1%$54,270
        2017$1,566 +3%$54,270
        2016$1,520 +2%$54,270
        2015$1,490 +1.8%$54,270
        2014$1,463 $54,270
        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

        63 / 100
        Somewhat Walkable
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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