512 Kennebec St Rumford, ME 04276
Estimated payment $2,468/month
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.
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
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | |
| Warranty Deed | $1,001 | -- |
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 | $105,600 | New Conventional | |
| Previous Owner | $25,350 | Purchase Money Mortgage | |
| Previous Owner | $135,200 | Unknown |
Source: Maine Listings
MLS Number: 1652664
APN: RUMF-000113-000000-000049
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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