Rumford
$225,000
154 Essex Avenue
mls: 1652668
Bathrooms: 4
Year Built: 1923
Sq Footage: 3,564
Lot Size: 0.12
Taxes: $2,585
Status: Active

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.

Listed by: Elevate Maine Realty

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: Elevate Maine Realty

Above Grade Finished Area
3564.00
Accessibility Features
Appliances
Architectural Style
Dutch Colonial
Basement
Interior Entry
Bathrooms Full
4
Bathrooms Half
0
Bathrooms Total Integer
4
Below Grade Finished Area
0.00
Body Type
Building Area Total
3564.00
Construction Materials
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Tile, Vinyl, Wood
Foundation Details
Garage Spaces
2.00
Garage Yes/No
1
Green Energy Efficient
Heating
Baseboard
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Lot Size Acres
0.1200
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Shingle
Sewer
Public Sewer
Tax Annual Amount
2585.00
Utilities
Utilities On
Water Source
Public
Year Built
1923
Zoning
Residential