133 Rumford Ave, Rumford, ME 04276

$179,000
3
BA
2,200
SqFt

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Listing courtesy of NextHome Experience.

List Price
$179,000
MLS#
1673730
Status
ACTIVE
Type
Multifamily
City
Rumford
County
Oxford
Bathrooms
3
Living Area
2,200
Lot Size
4,356
Year Built
1900

Property Description

ATTENTION INVESTORS! A turnkey 3-unit in Rumford with the heavy lifting already done! 133 Rumford Avenue offers strong rental income and the peace of mind that comes from major updates. A new roof and new heating system remove two of the biggest capital expenses a multifamily owner faces, so your cash flow can go toward building your portfolio instead of covering surprise repairs. Many additional upgrades throughout add to the building's appeal for both tenants and owners. Three units mean three income streams, which spreads your risk and keeps the building producing even during turnover. Seasoned investors will appreciate the opportunity to add a well-maintained asset with steady demand. First-time investors can consider owner-occupying one unit and letting the other two help pay the mortgage, which is a proven way to start building wealth through real estate. Rental demand in the area stays steady, and properties with this level of updating don't come along often. Whether you want reliable monthly income, long-term appreciation, or both, this building checks the boxes. Contact us today to request the rent roll and income details or to schedule your private showing.

Additional Information

Living Area
2,200
Electric
Circuit Breakers
Water
Public
Basement
Interior Entry, Unfinished, Brick/Mortar
Cooling
None
Year Built
1900
Acres
0.10
Roof
Shingle
Foundation
Stone, Poured Concrete, Brick/Mortar
School District
Rumford-Region 9
Style
Other
Courtesy Of Listing Office
NextHome Experience

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Calculator source: Real Geeks

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