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154 Essex AvenueRumford, ME 04276Price: $225,000

  • Price: $225,000
  • Est. Mortgage of $/month
  • 61 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.
154 Essex Avenue Rumford ME 04276
154 Essex Avenue Rumford ME 04276
154 Essex Avenue Rumford ME 04276
  • $225,000List Price
  • 4Bathrooms
  • 3,564Square Feet
Fully occupied 4-unit multifamily offering spacious layouts and exceptional in-place returns. The property features three large three-bedroom units and one one-bedroom unit, providing a highly desirable unit mix with broad tenant appeal. Currently producing a 13% cap rate, the asset delivers immediate, stable cash flow with additional upside potential through future rent growth and operational efficiencies. A rare opportunity to acquire a high-yield, fully occupied property with strong long-term investment fundamentals.
Listed by Tyler Stewart of Elevate Maine Realty

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More Info

Tax Information

  • Parcel Number RUMF-000112-000000-000139
  • Taxes$2,585

Location

  • Address154 Essex Avenue
  • Building Number154
  • CountyOxford
  • StateME
  • StreetEssex Avenue
  • TownRumford
  • Zip04276

Exterior

  • Exterior Asbestos
  • RoofShingle

Property Information

  • Acreage0.12
  • Lot Features Near Town, Level, Sidewalks
  • Square Feet3,564

Other

  • Date Listed04/14/2026
  • Unit 1 Full Baths 1
  • Unit 1 Level Basement
  • Unit 1 Monthly Rent $890
  • Unit 1 Rooms 3
  • Unit 1 Water Yes
  • Unit 2 Full Baths 1
  • Unit 2 Level First
  • Unit 2 Monthly Rent $1,360
  • Unit 2 Rooms 5
  • Unit 2 Water Yes
  • Unit 3 Full Baths 1
  • Unit 3 Level Second
  • Unit 3 Monthly Rent $975
  • Unit 3 Rooms 5
  • Unit 3 Water Yes
  • Unit 4 Full Baths 1
  • Unit 4 Level Third
  • Unit 4 Monthly Rent $1,300
  • Unit 4 Rooms 5
  • Unit 4 Water Yes

Parking

  • Parking 5 - 10 Spaces
  • Parking Features Paved,5 - 10 Spaces

Basic Information

  • List Price$225,000
  • LocationTypeNear Town
  • MLS Number1652668
  • Property TypeMulti-Family
  • StatusPEN

Property

  • Site Level, Sidewalks
  • Vehicle Storage 2 Car

Utilities

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

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Full Bath4

Building

  • BasementInterior Entry, Walk-Out Access, Full, Sump Pump
  • Building ConstructionWood Frame
  • Flooring Tile, Vinyl, Wood
  • GarageYes
  • Garage Spaces2
  • Property StyleDutch Colonial
  • Units4
  • Year Built1923

Amenities

  • Other AmenitiesBasement

Water Body

  • Water AccessPublic

Legal

  • ZoningResidential

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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