93-99 & 98 Maine AvenueRumford, ME 04276Price: $1,000,000

Price: $1,000,000
Est. Mortgage of $/month
53 Days on Market

Rare investment package offering 18 total units across two properties located directly across the street from one another in Rumford. The portfolio includes a 12-unit at 93-99 Maine Avenue and a 6-unit at 98 Maine Avenue, with a desirable mix of six one-bedrooms, six two-bedrooms, and six three-bedrooms. The 93-99 Maine Avenue property features two new boilers. With just one vacancy, the properties are currently producing a 9.3% cap rate, with projected upside exceeding 13% through rent increases and value-add improvements. A turnkey opportunity with immediate cash flow and exceptional long-term growth potential.

More Info

Tax Information

Parcel Number 93MaineAvenueRumford04276
Taxes$6,611

Location

Address93-99 & 98 Maine Avenue
Building Number93-99 & 98
CountyOxford
StateME
StreetMaine Avenue
TownRumford
Zip04276

Exterior

Exterior Asbestos
RoofFlat

Amenities

Other AmenitiesBasement

Legal

ZoningResidential

Other

Date Listed04/22/2026
Unit 1 Full Baths 1
Unit 1 Lease Yes
Unit 1 Level First
Unit 1 Monthly Rent $1,100
Unit 1 Rooms 5
Unit 1 Water Yes
Unit 2 Full Baths 1
Unit 2 Lease Yes
Unit 2 Level First
Unit 2 Monthly Rent $1,225
Unit 2 Rooms 5
Unit 2 Water Yes
Unit 3 Full Baths 1
Unit 3 Lease Yes
Unit 3 Level Second
Unit 3 Monthly Rent $1,585
Unit 3 Rooms 5
Unit 3 Water Yes
Unit 4 Full Baths 1
Unit 4 Level Second
Unit 4 Monthly Rent $935
Unit 4 Rooms 5
Unit 4 Water Yes

Parking

Parking 5 - 10 Spaces
Parking Features Common,5 - 10 Spaces

Basic Information

List Price$1,000,000
LocationTypeNear Town
MLS Number1652654
Property TypeMulti-Family
StatusPEN

Property

Site Level

Utilities

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

Rooms

Bathroom18
Bathrooms Total Decimal 18
Full Bath18

Building

BasementInterior Entry, Full
Building ConstructionWood Frame
Flooring Tile, Vinyl, Wood
Property StyleOther
Units18
Year Built1920

Property Information

Acreage0.56
Lot Features Near Town, Level
Square Feet11,448

Water Body

Water AccessPublic

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.

Name

Your Email Address

Phone

Message Send me the deed for 93-99 & 98 Maine Avenue Rumford ME 04276 (ID#:1652654)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 93-99 & 98 Maine Avenue Rumford ME 04276 (ID#:1652654)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 93-99 & 98 Maine Avenue Rumford ME 04276 (ID#:1652654)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

93-99 & 98 Maine AvenueRumford, ME 04276Price: $1,000,000

$/month over payments

Share

Driving Directions

Ask A Question