Rumford
$235,000
245 Pine Street
mls: 1670829
Bathrooms: 4
Year Built: 1905
Sq Footage: 3,350
Lot Size: 0.14
Taxes: $2,034
Status: Active

Investment opportunity with this 4-unit apartment building featuring three currently leased units and one vacant unit, providing immediate income potential with room to increase cash flow.

Listed by: Coldwell Banker Sandy River Realty
contact 207-778-6333

Investment opportunity with this 4-unit apartment building featuring three currently leased units and one vacant unit, providing immediate income potential with room to increase cash flow. A new propane boiler was installed in 2024. The property is in need of some updates and improvements and is being sold as is. Also available is an adjacent 0.11-acre buildable lot with access to public water, public sewer, and utilities, offering potential for additional development or parking. The seller also has four additional rental properties available and would be willing to package them together for an expanded investment opportunity.

Listed by: Coldwell Banker Sandy River Realty

Above Grade Finished Area
2250.00
Accessibility Features
Appliances
Architectural Style
Other
Basement
Exterior Entry, Walk-Out Access, Finished
Bathrooms Full
4
Bathrooms Total Integer
4
Below Grade Finished Area
1100.00
Body Type
Building Area Total
3350.00
Construction Materials
Wood Frame, Aluminum Siding
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Laminate, Tile, Vinyl, Wood
Foundation Details
Stone, Other
Garage Spaces
0.00
Green Energy Efficient
Heating
Gas Bottled, Propane, Baseboard, Hot Water
Heating Yes/No
1
Interior Features
Laundry Features
Main Level, Upper Level
Lot Features
Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Open Lot, Rolling Slope, Sidewalks, Landscaped
Lot Size Acres
0.1400
Other Equipment
Cable, Internet Access Available
Other Structures
Parking Features
Common, Paved, 5 - 10 Spaces, Off Site
Patio And Porch Features
Pets Allowed
No Restrictions
Property Condition
Roof
Metal
Sewer
Public Sewer
Tax Annual Amount
2034.00
Utilities
Water Source
Public
Waterfront Features
Nearby
Year Built
1905
Zoning
residential