$300,000

House for sale Rumford
Property photo number 1 of 16 Photos for Property. File  104850156_29_4c523c48cd28c8962dabe19da2e07e56.jpeg

Overview

SUMMARY: Discover an opportunity with this Rumford house for sale and available for $300,000. This could be your next ideal home or a smart investment. More details await.
Six-unit multifamily on Cumberland Street offering significant upside through filling vacancies. While the property is currently 50% vacant, all units are rent-ready and positioned for immediate occupancy. The property features separate electric and a functional layout that supports
straightforward management. Once fully leased, the projected stabilized cap rate is over 18%, presenting a strong return profile for investors focused on cash flow and value creation. With units ready to be placed and clear income upside through stabilization, this asset offers a defined path to improved performance in a proven rental market. Financials available upon request.
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Details

  • Baths: 6
  • Price: $300,000
  • Area: 4,680 sqft

Location

Marketed by:

  • Listing Manager
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Disclaimer

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