22 Prospect Ave
Closed 11/7/25
Closed 11/7/25
Description
Strong-performing 6-unit in the heart of Rumford with rare tenant-paid heat. An excellent value-add opportunity in a steady Oxford County rental market, this well-positioned 6-unit includes three spacious 2-bedroom apartments and three 1-bedroom units. Several units have been refreshed with new flooring and fresh paint, while the building's most notable upgrade replaced the former oil-fired heating system with individual propane monitor heaters—a rare and highly desirable setup in Maine that allows...Strong-performing 6-unit in the heart of Rumford with rare tenant-paid heat. An excellent value-add opportunity in a steady Oxford County rental market, this well-positioned 6-unit includes three spacious 2-bedroom apartments and three 1-bedroom units. Several units have been refreshed with new flooring and fresh paint, while the building's most notable upgrade replaced the former oil-fired heating system with individual propane monitor heaters—a rare and highly desirable setup in Maine that allows tenants to pay for their own heat. Additional income potential comes from the coin-operated laundry in the basement and a separately deeded adjacent lot currently used for off-street parking. With town water and sewer available, the lot may also offer future development opportunities (buyer to confirm). Situated just minutes from downtown Rumford's shops, restaurants, and community amenities, the property is within reach of outdoor recreation at Black Mountain Ski Resort, the Androscoggin River, and nearby hiking trails—appealing to year-round tenants. With its strong rental history, energy-efficient heating setup, and location in a in-demand area, this property is an ideal choice for investors looking to expand their portfolio without the costs of a full renovation.
- Listed by Kyle Dennis • Pouliot Real Estate • 207-248-6044
Property Details for 22 Prospect Avenue
Waterfront
No
ArchitecturalStyleOther
GarageNo
ZoningResidential
LISTING UPDATED: 11/07/2025 12:10 PM
Property Details for 22 Prospect Avenue
| Status | Closed |
|---|---|
| MLS # | 1634004 |
| Days on Market | 24 |
| Taxes | $2,299 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Commercial |
| Year Built | 1910 |
| Lot Size | 0.26 AC / 11,325 SF |
| County | Oxford County |
Location
Listing Courtesy of Pouliot Real Estate
Sold By Pouliot Real Estate
Add your commute
Building Information for 22 Prospect Avenue
Stories-Residences6Year Built1910Building Size-Lot Size0.26 AC / 11,325 SF
Payment Calculator
$2,117 per month
30 year fixed, 6.15% Interest
Principal and Interest
$1,925
Property Taxes
$192
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 22 Prospect Avenue
Summary
Location and General Information
- Road Surface Type: Paved
- Town: Rumford
- State/Province: ME
- Zip Code: 04276
- County: Oxford
- Geo Latitude: 44.543828
- Geo Longitude: -70.549762
- Tax Lot: 23,24
- Site:Level: Yes
- Site:Open: Yes
- Location:Interior Lot: Yes
- Location:Intown: Yes
Parking
- Parking Features: 5 - 10 Spaces, Paved, On Site
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 5725,5783
- Tax Map Number: 121
- Tax Year: 2025
- Parcel Number: 22ProspectAvenueandSprucestreetRumford04276
- Location Information:Association Y/N: No
- Tax Annual Amount: $2,298.55
Property
Heating and Cooling
- Water Heater:Electric: No
- Water Heater:Gas: Yes
- Water Heater:On Demand: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 4812.0
- Lot Size Acres: 0.26
- Source of Acreage: Public Records
- Building Area Total: 4812.0
- Lot Size Area: 0.26
- Lot Size Units: Acres
- Lot Size Square Feet: 11325.6
- Bathrooms Full: 6
- Bathrooms Half: 0
- Street Number: 22
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Total Half Baths: .00
Parking
- Driveway:Paved: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Property Sub-Type: Multi Family
- Year Built: 1910
Utilities
- Electric: Circuit Breakers
- Sewer: Yes
- Water Source: Public
- Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Flat, Rolled/Hot Mop
Interior Features
- Basement: Interior, Full, Doghouse, Unfinished
- Flooring: Carpet
- Cooling: None
- Heating: Other Heat System
- Foundation Details: Stone, Brick/Mortar
- Bathrooms Total (Integer): 6
- Bathrooms Total (Decimal): 6.00
- Bathrooms Total (Notational): 6.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $69,180.00
- Operating Expenses: $19,588.31
Multi-Family Information
- Number of Units: 6
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $895.00
- Unit 1:# Full Baths: 1.00
- Unit 1:# of Half Baths: .00
- Unit 1:# of Rooms: 3.00
- Unit 1:# of Bedrooms: 1.00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: No
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: First
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $1,100.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 4.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: Yes
- Unit 2:Dedicated Water Heater: No
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: No
- Unit 3:Level: Second
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $850.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 3.00
- Unit 3:# of Bedrooms: 1.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: Yes
- Unit 3:Dedicated Water Heater: No
- Unit 3:Electric: No
- Unit 3:Heat: No
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit 4
- Unit 4:Lease: No
- Unit 4:Level: Second
- Unit 4:Security Deposit: Yes
- Unit 4:Monthly Rent: $925.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 4.00
- Unit 4:# of Bedrooms: 2.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: Yes
- Unit 4:Dedicated Water Heater: No
- Unit 4:Electric: No
- Unit 4:Heat: No
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
Unit 5
- Unit 5:Lease: No
- Unit 5:Level: Third
- Unit 5:Security Deposit: Yes
- Unit 5:Monthly Rent: $895.00
- Unit 5:# Full Baths: 1.00
- Unit 5:# Half Baths: .00
- Unit 5:# of Rooms: 3.00
- Unit 5:# of Bedrooms: 1.00
- Unit 5:Dedicated Electric Meter: Yes
- Unit 5:Dedicated Gas Meter: Yes
- Unit 5:Dedicated Water Heater: No
- Unit 5:Electric: No
- Unit 5:Heat: No
- Unit 5:Range: Yes
- Unit 5:Refrigerator: Yes
- Unit 5:Sewer: Yes
- Unit 5:Water: Yes
Unit 6
- Unit 6:Lease: No
- Unit 6:Level: Third
- Unit 6:Security Deposit: No
- Unit 6:Monthly Rent: $.00
- Unit 6:# Full Baths: 1.00
- Unit 6:# Half Baths: .00
- Unit 6:# of Rooms: 4.00
- Unit 6:# of Bedrooms: 2.00
- Unit 6:Dedicated Electric Meter: Yes
- Unit 6:Dedicated Gas Meter: Yes
- Unit 6:Dedicated Water Heater: No
- Unit 6:Electric: No
- Unit 6:Heat: No
- Unit 6:Range: Yes
- Unit 6:Refrigerator: Yes
- Unit 6:Sewer: Yes
- Unit 6:Water: Yes
Unit 19
- Unit 19:Heat: No
- Unit 19:Range: Yes
- Unit 19:Sewer: Yes
- Unit 19:Water: Yes
Unit 20
- Unit 20:Heat: No
- Unit 20:Range: Yes
- Unit 20:Refrigerator: Yes
- Unit 20:Sewer: Yes
- Unit 20:Water: Yes
Unit Information
- Units:# of 1 BD Units: 3
- Units:# of 2 BD Units: 3
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 0
Property History for 22 Prospect Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 7, 2025 | Sold Maine Listings #1634004 | $395,000 | — |
| Nov 7, 2025 | Withdrawn Maine Listings #1633983 | $439,900 | — |
| Sep 8, 2025 | Pending Maine Listings #1634004 | — | |
| Sep 5, 2025 | Pending Maine Listings #1633983 | — | |
| Sep 5, 2025 | Active Under Contract Maine Listings #1633983 | — | |
| Sep 5, 2025 | Active Under Contract Maine Listings #1634004 | — | |
| Jun 25, 2025 | Listed (Active) Maine Listings #1633983 | $439,900 | — |
| Jun 25, 2025 | Listed (Active) Maine Listings #1634004 | $439,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/07/2025 | Sold Maine Listings #1634004 | $395,000 |
| 11/07/2025 | Withdrawn Maine Listings #1633983 | $439,900 |
| 09/08/2025 | Pending Maine Listings #1634004 | — |
| 09/05/2025 | Pending Maine Listings #1633983 | — |
| 09/05/2025 | Active Under Contract Maine Listings #1633983 | — |
| 09/05/2025 | Active Under Contract Maine Listings #1634004 | — |
| 06/25/2025 | Listed (Active) Maine Listings #1633983 | $439,900 |
| 06/25/2025 | Listed (Active) Maine Listings #1634004 | $439,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 22 Prospect Avenue
This home is within Regional School Unit 10.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | PK to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Meroby Elementary School PublicPK to 4 | ||
Rumford Elementary School PublicPK to 4 | ||
Mountain Valley Middle School Public5 to 8 | ||
Mountain Valley High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Pouliot Real Estate
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
