512 Kennebec St
Description
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.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.
- Listed by Tyler Stewart • Elevate Maine Realty
Property Details for 512 Kennebec Street
Waterfront
No
ArchitecturalStyleNew Englander
Garage Spaces.00
GarageNo
ZoningResidential
LISTING UPDATED: 03/17/2026 08:39 PM
Property Details for 512 Kennebec Street
| Status | Active |
|---|---|
| MLS # | 1652664 |
| Days on Market | 23 |
| Taxes | $3,686 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1922 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | Oxford County |
Location
Listing Courtesy of Elevate Maine Realty
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Building Information for 512 Kennebec Street
Stories-Residences7Year Built1922Building Size-Lot Size0.14 AC / 6,098 SF
Payment Calculator
$2,248 per month
30 year fixed, 6.11% Interest
Principal and Interest
$1,941
Property Taxes
$307
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 512 Kennebec Street
Summary
Location and General Information
- Zip Code: 1837
- Town: Rumford
- State/Province: ME
- Zip Code: 04276
- County: Oxford
- Geo Latitude: 44.553889
- Geo Longitude: -70.552843
- 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: 2025
- Parcel Number: RUMF-000113-000000-000049
- Location Information:Association Y/N: No
- Tax Annual Amount: $3,686.00
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:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Deed Restrictions: Unknown
- 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: $77,100.00
- Operating Expenses: $38,646.97
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: No
- 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: Yes
- Unit 5:Monthly Rent: $975.00
- 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: Third
- 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: No
- Unit 7:Monthly Rent: $.00
- Unit 7:# Full Baths: 1.00
- Unit 7:# Half Baths: .00
- Unit 7:# of Rooms: 4.00
- Unit 7:# of Bedrooms: 2.00
- 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: 3
- Units:# of 3 BD Units: 4
- Units:# of 4+ BD Units: 0
Property History for 512 Kennebec Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 20, 2026 | Withdrawn Maine Listings #1638860 | $400,000 | — |
| Feb 19, 2026 | Listed (Active) Maine Listings #1652664 | $400,000 | — |
| 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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/20/2026 | Withdrawn Maine Listings #1638860 | $400,000 |
| 02/19/2026 | Listed (Active) Maine Listings #1652664 | $400,000 |
| 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 Record2025$3,686 ($307 / 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 |
|---|---|---|---|---|
| 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 Elevate Maine 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.
