220 Hancock Street
220 Hancock Street
Rumford, ME 04276
$265,000
Price
12
Beds
4
Baths
5,460 Sq. Ft.
$49 / Sq. Ft.
5,460
Sq. Ft.
$49
per Sq. Ft.
Description
This charming four-unit brick apartment building located in Rumford boasts strong cash flow, dependable long-term tenants, and abundant character both inside and out. Offering off-street parking for five vehicles and a front entry with a handicap ramp, the property features two spacious units on the main level and two on the second floor, each with its own private entrance. Inside, you'll find solid hardwood floors throughout most of the building, complemented by vinyl and plank flooring in the bathrooms....This charming four-unit brick apartment building located in Rumford boasts strong cash flow, dependable long-term tenants, and abundant character both inside and out. Offering off-street parking for five vehicles and a front entry with a handicap ramp, the property features two spacious units on the main level and two on the second floor, each with its own private entrance. Inside, you'll find solid hardwood floors throughout most of the building, complemented by vinyl and plank flooring in the bathrooms. The kitchens vary slightly in design but all feature floor-to-ceiling cabinetry, washer and dryer hookups, and high ceilings. With large living rooms, dining areas, and three bedrooms per unit, some even offering a pantry and private hallway, the layout is both functional and inviting. Bright and generously sized rooms, most equipped with closets, ensure comfortable living spaces. The basement is cleaned out and in great order and houses a new heating system shared among the units, along with separate CMP meters for each unit and a common account. The property has undergone lead-based paint abatement and had its windows replaced around 2010, while the rubber membrane roof, installed in 2004, remains in great condition. A well-maintained investment opportunity, all apartments are currently leased with deposits, and tenants have been on site for years.
- Listed by Anthony Deiulio • Deiulio Realty Group Inc.
Property Details for 220 Hancock Street
Waterfront
No
ArchitecturalStyleOther Style
GarageNo
ZoningResidential
Location
Listing Courtesy of Deiulio Realty Group Inc.
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LISTING UPDATED: 04/26/2024 02:46 PM
Property Details for 220 Hancock Street
| Status | Active |
|---|---|
| MLS # | 1587551 |
| Days on Market | 12 |
| Taxes | $2,883 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1900 |
| Lot Size | 0.20 AC / 8,712 SF |
| County | Oxford County |
Location
Listing Courtesy of Deiulio Realty Group Inc.
Add your commute
Building Information for 220 Hancock Street
Stories-Residences4Year Built1900Building Size-Lot Size0.20 AC / 8,712 SF
Payment Calculator
$1,686 per month
30 year fixed, 7.25% Interest
Principal and Interest
$1,446
Property Taxes
$240
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 220 Hancock Street
Summary
Location and General Information
- Road Surface Type: Paved
- Town: Rumford
- State/Province: ME
- Zip Code: 04276
- County: Oxford
- Geo Latitude: 44.550523
- Geo Longitude: -70.548861
- Tax Lot: 187
- Site:Level: Yes
- Site:Open: Yes
- Site:Sidewalks: Yes
- Location:Neighborhood: Yes
Parking
- Parking Features: 5 - 10 Spaces, Paved, On Site
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 5080
- Tax Map Number: 113
- Tax Year: 2024
- Parcel Number: 220HancockStRumfordME
- Location Information:Association Y/N: No
- Tax Annual Amount: $2,883.00
Property
Green Features
- Energy Efficiency:Double Pane Windows: Yes
- Energy Efficiency:Programmable Thermostat: Yes
Heating and Cooling
- Water Heater:Electric: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 5460.0
- Lot Size Acres: 0.2
- Source of Acreage: Public Records
- Building Area Total: 5460.0
- Lot Size Area: 0.2
- Lot Size Units: Acres
- Lot Size Square Feet: 8712.0
- Bathrooms Full: 4
- Bathrooms Half: 0
- Street Number: 220
- Property Information:Surveyed: Yes
- Property Information:Seasonal: No
- Property Information:Total Half Baths: .00
Parking
- Driveway:Paved: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1900
Utilities
- Electric: Circuit Breakers
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:No Gas: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Brick, Other, Masonry
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Membrane
- Patio and Porch Features:Deck: Yes
- Patio and Porch Features:Porch: Yes
Interior Features
- Basement: Brick/Mortar, Walk-Out Access, Full, Doghouse, Interior Entry, Unfinished
- Flooring: Wood, Vinyl
- Interior Features: 1st Floor Bedroom, One-Floor Living
- Cooling: None
- Heating: Multi-Zones, Hot Water, Baseboard
- Foundation Details: Concrete Perimeter, Brick/Mortar
- Accessibility Features: Accessible Approach with Ramp
- Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
- Bathrooms Total (Integer): 4
- Bathrooms Total (Decimal): 4.00
- Bathrooms Total (Notational): 4.00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $45,600.00
- Operating Expenses: $22,298.00
Multi-Family Information
- Number of Units: 4
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $850.00
- 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: Yes
- 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: Yes
- Unit 2:Level: First
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $950.00
- 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: Yes
- 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: Second
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $950.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 5.00
- Unit 3:# of Bedrooms: 3.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: No
- Unit 3:Dedicated Water Heater: Yes
- 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: $1,050.00
- 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: Yes
- Unit 4:Electric: Yes
- Unit 4:Heat: Yes
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
Unit Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 0
- Units:# of 3 BD Units: 4
- Units:# of 4+ BD Units: 0
Property History for 220 Hancock Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 220 Hancock 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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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 Deiulio Realty Group Inc.
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.
