138 Penobscot Street

Rumford, ME 04276

$124,999
Price
7
Beds
3
Baths
2,808 Sq. Ft.
$45 / Sq. Ft.
2,808
Sq. Ft.
$45
per Sq. Ft.

Description

Located in the heart of Rumford, this recently upgraded duplex presents a fantastic opportunity for investors looking to grow their rental portfolio. With two spacious tenant-occupied units and ample onsite parking, this building recently received an upgraded boiler and areas of newly-added vinyl siding. Two full boxes of unused siding remain on-site and will convey with the property. The first unit occupies the entire first floor with three bedrooms and one bathroom and the second unit occupies...Located in the heart of Rumford, this recently upgraded duplex presents a fantastic opportunity for investors looking to grow their rental portfolio. With two spacious tenant-occupied units and ample onsite parking, this building recently received an upgraded boiler and areas of newly-added vinyl siding. Two full boxes of unused siding remain on-site and will convey with the property. The first unit occupies the entire first floor with three bedrooms and one bathroom and the second unit occupies the entire second and third floors with five bedrooms and two bathrooms. For investors thinking about ways to maximize returns: the building once contained 3 units and heat, water, and electricity already exist in a 3 unit configuration.
  1. Listed by Kyle Dennis • Pouliot Real Estate • 207-248-6044

Property Details for 138 Penobscot Street

Waterfront
No
ArchitecturalStyle
Duplex, Multi-Level
Garage Spaces
.00
Garage
No
Zoning
RD

Location

Listing Courtesy of Pouliot Real Estate
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LISTING UPDATED: 04/29/2024 09:26 AM

Property Details for 138 Penobscot Street

StatusActive
MLS #1582277
Days on Market58
Taxes$1,451 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1925
Lot Size0.11 AC / 4,791 SF
CountyOxford County

Location

Listing Courtesy of Pouliot Real Estate
Add your commute

Building Information for 138 Penobscot Street

Stories3Residences2Year Built1925Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$803 per month

30 year fixed, 7.25% Interest

Principal and Interest

$682

Property Taxes

$121

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 138 Penobscot Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1979
  • Directions: GPS Friendly
  • Town: Rumford
  • State/Province: ME
  • Zip Code: 04276
  • County: Oxford
  • Geo Latitude: 44.548796
  • Geo Longitude: -70.550777
  • Tax Lot: 200
  • Site:Corner Lot: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Neighborhood: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 5561
  • Tax Map Number: 117
  • Tax Year: 2022
  • Parcel Number: RUMF-000117-000000-000200
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $1,451.00
School Information
  • School District: RSU 10
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2808.0
  • Lot Size Acres: 0.11
  • Source of Acreage: Public Records
  • Building Area Total: 2808.0
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4791.6
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 138
  • 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:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Light Grey
Parking
  • Driveway:Common: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Deed Public Access, Plot Plan Public Access, Lead Paint Addendum Public Access, Property Disclosure Public Access
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1925
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Pole: Yes
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Flat
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Bulkhead, Full, Exterior Entry, Unfinished
  • Flooring: Vinyl, Carpet
  • Interior Features: Bathtub
  • Cooling: None
  • Heating: Hot Water, Baseboard
  • Foundation Details: Stone, Concrete Perimeter
  • Laundry Features: Upper Level
  • # Stories: 3
  • # Floors: 3
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $25,080.00
  • Operating Expenses: $13,175.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Stories: 3
  • Building Info:# Floors: 3
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $800.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • 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: 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: Second
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $1,400.00
  • Unit 2:# Full Baths: 2.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 4.00
  • 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: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 1

Property History for 138 Penobscot Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 138 Penobscot Street

Taxable ValueLand$10,000Additions$55,400Total$65,400
Tax Record2022$1,451 ($121 / month)
Home Facts
Beds0Total Finished SqFt2,808 SqFtAbove Grade Finished SqFt2,808 SqFtLot Size4,792 SqFtStyleSingle Family ResidenceYear Built1925ZoningRESIDECountyOXFORDAPNRUMF M:117 L:200

Schools near 138 Penobscot 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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138 Penobscot Street is a multi-family home for sale in Rumford, ME 04276. This property was listed for sale on October 27, 2023 by Pouliot Real Estate, it's currently listed at $124,999. This listing's school district is Regional School Unit 10. Nearby schools include Meroby Elementary School, Rumford Elementary School and Mountain Valley Middle School. 138 Penobscot Street is a 7-bed, 3-bath, 2,808 sqft multi-family home built in 1925.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.