245 Pine St Rumford, ME 04276
Rumford AreaEstimated payment $1,439/month
Highlights
- Property is near a beach
- No HOA
- Landscaped
- Wood Flooring
- Property is near golf course and shops
- Baseboard Heating
About This Home
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.
Listing Agent
Coldwell Banker Sandy River Realty Brokerage Phone: 207-778-6333 Listed on: 07/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,034
Year Built
- Built in 1905
Lot Details
- 6,098 Sq Ft Lot
- Landscaped
- Open Lot
- Lot Has A Rolling Slope
Home Design
- Stone Foundation
- Wood Frame Construction
- Metal Roof
- Aluminum Siding
Interior Spaces
- 4 Full Bathrooms
- 3-Story Property
- Laundry on main level
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Finished Basement
- Walk-Out Basement
- Exterior Basement Entry
Parking
- Common or Shared Parking
- Paved Parking
- Off-Site Parking
Outdoor Features
- Property is near a beach
Location
- Property is near golf course and shops
- City Lot
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 101
Community Details
Overview
- No Home Owners Association
- 4 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $16,271
- Gross Income $62,760
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,034 | $108,600 | $15,700 | $92,900 |
| 2024 | $1,805 | $108,600 | $15,700 | $92,900 |
| 2023 | $1,719 | $77,500 | $11,200 | $66,300 |
| 2022 | $1,719 | $77,500 | $11,200 | $66,300 |
| 2021 | $1,740 | $77,500 | $11,200 | $66,300 |
| 2020 | $1,752 | $77,500 | $11,200 | $66,300 |
| 2019 | $1,225 | $40,151 | $3,500 | $36,651 |
| 2018 | $1,194 | $40,151 | $3,500 | $36,651 |
| 2017 | $1,158 | $40,151 | $3,500 | $36,651 |
| 2016 | $1,124 | $40,151 | $3,500 | $36,651 |
| 2015 | $1,102 | $40,151 | $3,500 | $36,651 |
| 2014 | $1,082 | $40,151 | $3,500 | $36,651 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2026 07/08/26 | For Sale | $235,000 | +8.8% | $70 / Sq Ft | |
| 04/16/2021 04/16/21 | Sold | $216,000 | +0.5% | $64 / Sq Ft | View Prior Sale |
| 01/18/2021 01/18/21 | Pending | -- | -- | -- | |
| 12/31/2020 12/31/20 | For Sale | $214,900 | -- | $64 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $162,000 | Purchase Money Mortgage | |
| Previous Owner | $6,951 | Unknown | |
| Closed | $19,675 | Unknown |
Source: Maine Listings
MLS Number: 1670829
APN: RUMF-000116-000000-000101
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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