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48 Essex AvenueRumford, ME 04276Price: $300,000

  • Price: $300,000
  • Est. Mortgage of $/month
  • 53 Days on Market
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
48 Essex Avenue Rumford ME 04276
48 Essex Avenue Rumford ME 04276
48 Essex Avenue Rumford ME 04276
48 Essex Avenue Rumford ME 04276
48 Essex Avenue Rumford ME 04276
48 Essex Avenue Rumford ME 04276
48 Essex Avenue Rumford ME 04276
  • $300,000List Price
  • 5Bathrooms
  • 3,348Square Feet
Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 10.5% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years old. A well-maintained, turnkey investment with proven performance and strong fundamentals.
Listed by Tyler Stewart of Elevate Maine Realty

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More Info

Tax Information

  • Parcel Number RUMF-000113-000000-000322
  • Taxes$2,131

Location

  • Address48 Essex Avenue
  • Building Number48
  • CountyOxford
  • StateME
  • StreetEssex Avenue
  • TownRumford
  • Zip04276

Exterior

  • Exterior Vinyl Siding
  • RoofFlat

Amenities

  • Other AmenitiesBasement

Water Body

  • Water AccessPublic

Parking

  • Parking 1 - 4 Spaces
  • Parking Features Common,1 - 4 Spaces

Basic Information

  • List Price$300,000
  • LocationTypeNear Town
  • MLS Number1652592
  • Property TypeMulti-Family
  • StatusPEN

Property

  • Site Level

Utilities

  • Electric Circuit Breakers
  • Heat SystemOil, Baseboard, Hot Water
  • Heating FuelOil
  • Heating YN Yes
  • Waste Water DisposalPublic Sewer

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Full Bath5

Building

  • BasementInterior Entry, Full, Unfinished
  • Building ConstructionWood Frame
  • Flooring Tile, Vinyl, Wood
  • Property StyleOther
  • Units5
  • Year Built1923

Property Information

  • Acreage0.15
  • Lot Features Near Town, Level
  • Square Feet3,348

Legal

  • ZoningRes

Other

  • Date Listed04/22/2026
  • Unit 1 Full Baths 1
  • Unit 1 Level First
  • Unit 1 Monthly Rent $1,350
  • Unit 1 Rooms 5
  • Unit 1 Water Yes
  • Unit 2 Full Baths 1
  • Unit 2 Level Second
  • Unit 2 Monthly Rent $820
  • Unit 2 Rooms 3
  • Unit 2 Water Yes
  • Unit 3 Full Baths 1
  • Unit 3 Level Second
  • Unit 3 Monthly Rent $1,045
  • Unit 3 Rooms 4
  • Unit 3 Water Yes
  • Unit 4 Full Baths 1
  • Unit 4 Lease Yes
  • Unit 4 Level Third
  • Unit 4 Monthly Rent $850
  • Unit 4 Rooms 3
  • Unit 4 Water Yes

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

46 Casco Rd, Brunswick - Portside Luxury Home participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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