512 Kennebec St

Rumford, ME 04276

$400,000
Price
19
Beds
4,368 Sq. Ft.
$92 / Sq. Ft.
4,368
Sq. Ft.
$92
per Sq. Ft.
Ext 1
Ext 2
512 Kennebec Drone 1

Description

Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (5) three-bedroom units and (2) two-bedroom units with a 3 year old roof. Currently operating with just one vacancy and producing a 9.2% cap rate, the property offers immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 15% cap rate potential. Recent improvements include a roof less than three years old, adding further stability for investors.Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (5) three-bedroom units and (2) two-bedroom units with a 3 year old roof. Currently operating with just one vacancy and producing a 9.2% cap rate, the property offers immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 15% cap rate potential. Recent improvements include a roof less than three years old, adding further stability for investors.
  1. Listed by Tyler Stewart • Keller Williams Realty

Property Details for 512 Kennebec Street

Waterfront
No
ArchitecturalStyle
New Englander
Garage
No
Zoning
Residential
LISTING UPDATED: 01/02/2026 10:16 AM

Property Details for 512 Kennebec Street

StatusActive
MLS #1638860
Days on Market131
Taxes$3,271 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1922
Lot Size0.14 AC / 6,098 SF
CountyOxford County

Location

Listing Courtesy of Keller Williams Realty
Add your commute

Building Information for 512 Kennebec Street

Stories-Residences7Year Built1922Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$2,222 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,950

Property Taxes

$273

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 512 Kennebec Street

Summary
Location and General Information
  • Zip Code: 1837
  • Directions: GPS Friendly
  • Town: Rumford
  • State/Province: ME
  • Zip Code: 04276
  • County: Oxford
  • Geo Latitude: 44.553874
  • Geo Longitude: -70.552975
  • Tax Lot: 49
  • Site:Level: Yes
  • Location:Near Town: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Common
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 5498
  • Tax Map Number: 113
  • Tax Year: 2024
  • Parcel Number: RUMF-000113-000000-000049
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,271.00
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 4368.0
  • Lot Size Acres: 0.14
  • Source of Acreage: Public Records
  • Building Area Total: 4368.0
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6098.4
  • Bathrooms Full: 7
  • Bathrooms Half: 0
  • Street Number: 512
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Yellow
Parking
  • Driveway:Common: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1922
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Flat
Interior Features
  • Basement: Interior, Unfinished
  • Flooring: Wood, Vinyl, Tile
  • Cooling: None
  • Heating: Baseboard
  • Bathrooms Total (Integer): 7
  • Bathrooms Total (Decimal): 7.00
  • Bathrooms Total (Notational): 7.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $74,400.00
  • Operating Expenses: $39,705.33
Multi-Family Information
  • Number of Units: 7
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: Basement
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,375.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • 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: $1,000.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 3.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: Yes
  • Unit 3:Level: First
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $1,050.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 4.00
  • Unit 3:# of Bedrooms: 2.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: Yes
  • Unit 4:Level: Second
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $1,150.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 5.00
  • Unit 4:# of Bedrooms: 3.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: No
  • Unit 5:Level: Second
  • Unit 5:Security Deposit: No
  • Unit 5:Monthly Rent: $.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 4.00
  • Unit 5:# of Bedrooms: 2.00
  • Unit 5:Dedicated Electric Meter: Yes
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: No
  • Unit 5:Heat: Yes
  • 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: Second
  • Unit 6:Security Deposit: Yes
  • Unit 6:Monthly Rent: $875.00
  • Unit 6:# Full Baths: 1.00
  • Unit 6:# Half Baths: .00
  • Unit 6:# of Rooms: 5.00
  • Unit 6:# of Bedrooms: 3.00
  • Unit 6:Dedicated Electric Meter: Yes
  • Unit 6:Dedicated Gas Meter: No
  • Unit 6:Dedicated Water Heater: No
  • Unit 6:Electric: No
  • Unit 6:Heat: Yes
  • Unit 6:Range: Yes
  • Unit 6:Refrigerator: Yes
  • Unit 6:Sewer: Yes
  • Unit 6:Water: Yes
Unit 7
  • Unit 7:Lease: No
  • Unit 7:Level: Third
  • Unit 7:Security Deposit: Yes
  • Unit 7:Monthly Rent: $750.00
  • Unit 7:# Full Baths: 1.00
  • Unit 7:# Half Baths: .00
  • Unit 7:# of Rooms: 5.00
  • Unit 7:# of Bedrooms: 3.00
  • Unit 7:Dedicated Electric Meter: Yes
  • Unit 7:Dedicated Gas Meter: No
  • Unit 7:Dedicated Water Heater: No
  • Unit 7:Electric: No
  • Unit 7:Heat: Yes
  • Unit 7:Range: Yes
  • Unit 7:Refrigerator: Yes
  • Unit 7:Sewer: Yes
  • Unit 7:Water: Yes
Unit 18
  • Unit 18:Heat: Yes
  • Unit 18:Range: Yes
  • Unit 18:Sewer: Yes
  • Unit 18:Water: Yes
Unit 19
  • Unit 19:Heat: Yes
  • Unit 19:Range: Yes
  • Unit 19:Refrigerator: Yes
  • Unit 19:Sewer: Yes
  • Unit 19:Water: Yes
Unit 20
  • Unit 20:Heat: Yes
  • Unit 20:Range: Yes
  • Unit 20:Refrigerator: Yes
  • Unit 20:Sewer: Yes
  • Unit 20:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 5
  • Units:# of 4+ BD Units: 0

Property History for 512 Kennebec Street

DateEvent & SourcePriceAppreciation
Sep 9, 2025

Listed (Active)

Maine Listings #1638860

$400,000—
Apr 11, 2007

Sold

Maine Listings #829709

$169,000—
Feb 21, 2007

Pending

Maine Listings #829709

—
Feb 21, 2007

Active Under Contract

Maine Listings #829709

—
Jan 12, 2007

Listed (Active)

Maine Listings #829709

$175,000—
DateEvent & SourcePrice
09/09/2025

Listed (Active)

Maine Listings #1638860

$400,000
04/11/2007

Sold

Maine Listings #829709

$169,000
02/21/2007

Pending

Maine Listings #829709

—
02/21/2007

Active Under Contract

Maine Listings #829709

—
01/12/2007

Listed (Active)

Maine Listings #829709

$175,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 512 Kennebec Street

Taxable ValueLand$21,000Additions$175,800Total$196,800
Tax Record2024$3,271 ($273 / month)
Home Facts
Beds0Total Finished SqFt4,368 SqFtAbove Grade Finished SqFt4,368 SqFtLot Size6,098 SqFtStyleSingle Family ResidenceYear Built1922ZoningRESIDECountyOXFORDAPNRUMF M:113 L:049

Schools near 512 Kennebec Street

This home is within Regional School Unit 10.
Rating
School
Type
Grades
Distance
Meroby Elementary School
Public - PK to 4
Rumford Elementary School
Public - PK to 4
Mountain Valley Middle School
Public - 5 to 8
Mountain Valley High School
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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 512 Kennebec Street, Rumford, ME 04276

512 Kennebec Street is a multi-family home for sale in Rumford, ME 04276. This property was listed for sale on September 9, 2025 by Keller Williams Realty, it's currently listed at $400,000. It has been on the market for a total of 131 days and was last sold on April 11, 2007. This listing's school district is Regional School Unit 10. Nearby schools include Meroby Elementary School, Rumford Elementary School and Mountain Valley Middle School. 512 Kennebec Street is a 19-bed, 7-bath, 4,368 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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.