$140,000
SOLD OCT 29, 2025

325 Pine St Rumford, ME 04276

-- Bed
2 Baths
2,000 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Asbestos
  • New Englander Architecture
  • Baseboard Heating
  • Level Lot

About This Home

As of October 2025

Discover a solid investment opportunity at 325 Pine Street, a fully occupied duplex featuring two spacious 4-bedroom units. Each unit offers generous layouts, dependable long-term tenants, and strong rental performance — making this property a low-maintenance, income-producing asset from day one. Located in a convenient in-town setting close to schools, shopping, and major routes, this property combines steady cash flow with future upside. With an existing footprint and layout that present a potential opportunity to add a third unit, investors have room to increase value and maximize returns. Whether you're expanding your portfolio or entering multifamily ownership for the first time, 325 Pine Street delivers proven income and long-term growth potential.

Last Agent to Sell the Property

Tyler Stewart

Keller Williams Realty Listed on: 10/30/2025

Keller Williams Realty

Last Buyer's Agent

Amanda Vigue

Waypoint Brokers Collective

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • 2,000 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number RUMF-000116-000000-000110

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $19,230
  • Gross Income $40,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,986

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 70.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 40296.0
  • Income Expenses Operating Expenses: 19229.96
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Asbestos: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Discover a solid investment opportunity at 325 Pine Street, a fully occupied duplex featuring two spacious 4-bedroom units. Each unit offers generous layouts, dependable long-term tenants, and strong rental performance — making this property a low-maintenance, income-producing asset from day one. Located in a convenient in-town setting close to schools, shopping, and major routes, this property combines steady cash flow with future upside. With an existing footprint and layout that present a potential opportunity to add a third unit, investors have room to increase value and maximize returns. Whether you're expanding your portfolio or entering multifamily ownership for the first time, 325 Pine Street delivers proven income and long-term growth potential.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Town
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: RUMF-000116-000000-000110
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40296.0
  • Annual Operating Expense: 19229.96

Tax Info

  • Tax Annual Amount: 1986.0
  • Tax Lot: 110
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2025
Closed on
Oct 28, 2025
Sold by
Burns Propz Maine Div Llc
Bought by
Stansbury Deborah A and Stansbury Jimmie A
Seller's Agent
Tyler Stewart
Keller Williams Realty
Buyer's Agent
Amanda Vigue
Waypoint Brokers Collective
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1330.88%
Original Mortgage
$105,000
Outstanding Balance
$105,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,080

Purchase Details

Closed on
Aug 31, 2021
Sold by
Wardwell Jane
Bought by
Burns Propz Maine Div Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2025 10/30/25 Pending -- -- --
10/30/2025 10/30/25 For Sale $140,000 0.0% $70 / Sq Ft
10/29/2025 10/29/25 Sold $140,000 +600.0% $70 / Sq Ft
03/07/2016 03/07/16 Sold $20,000 -55.5% $9 / Sq Ft View Prior Sale
01/29/2016 01/29/16 Pending -- -- --
03/05/2015 03/05/15 For Sale $44,900 -- $19 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $1,986 $119,500 $15,700 $103,800
2023 $1,892 $85,300 $11,200 $74,100
2022 $1,892 $85,300 $11,200 $74,100
2021 $1,915 $85,300 $11,200 $74,100
2020 $1,928 $85,300 $11,200 $74,100
2019 $1,918 $62,873 $5,500 $57,373
2018 $1,870 $62,873 $5,500 $57,373
2017 $1,814 $62,873 $5,500 $57,373
2016 $1,760 $62,873 $5,500 $57,373
2015 $1,726 $62,873 $5,500 $57,373
2014 $1,694 $62,873 $5,500 $57,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1642288

Maine Listings

APN: RUMF-000116-000000-000110