$400,000
PENDING

512 Kennebec St Rumford, ME 04276

Rumford Area

Estimated payment $2,506/month

Total Views 9,542
-- Bed
7 Baths
4,368 Sq Ft
$92 Price per Sq Ft

Highlights

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

About This Home

Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (4) three-bedroom units and (3) two-bedroom units. The property includes one rent-ready vacancy and is currently producing a 9.6% cap rate, offering immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 17% cap rate potential. Recent capital improvements include a roof less than three years old, adding further stability for investors.

Listing Agent

Tyler Stewart

Elevate Maine Realty Listed on: 04/22/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • Common or Shared Parking

Home Design

  • New Englander Architecture
  • Flat Roof Shape
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 4,368 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 49

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Operating Expense $38,647
  • Gross Income $77,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,686

Year Built

Built in 1922

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.14
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 4368.00
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1922
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information 2 Detached Houses on 1 Lot: No
  • Location:Location: Near Town
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 7
  • Flooring: Tile, Vinyl, Wood

Exterior Features

  • Lot Features: Near Town, Level
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Roof: Flat

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, 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: 6098.40
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 77100.00
  • Annual Operating Expense: 38646.97

Tax Info

  • Tax Annual Amount: 3686.00
  • Tax Lot: 49
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
05/28/2026 05/28/26 Pending -- -- --
04/22/2026 04/22/26 For Sale $400,000 0.0% $92 / Sq Ft
03/24/2026 03/24/26 Pending -- -- --
02/25/2026 02/25/26 For Sale $400,000 -- $92 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1652664

Maine Listings

APN: RUMF-000113-000000-000049

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