25 Maine Avenue
25 Maine Avenue
Rumford, ME 04276
$300,000
Price
16
Beds
6
Baths
4,200 Sq. Ft.
$71 / Sq. Ft.
4,200
Sq. Ft.
$71
per Sq. Ft.
Description
Introducing this large, 6-unit multi-family property in the heart of Rumford! At a 15.2% stabilized cap rate, 25 Maine has both rental income and value-add avenues. With two unfinished units, the opportunity presents to bring your vision and add your finishing touches! The two 2-bedroom and four 3-bedroom units boast an abundance of natural light. Conveniently located in town, this property promotes accessibility and convenience to shopping, schools, and other public amenities.Introducing this large, 6-unit multi-family property in the heart of Rumford! At a 15.2% stabilized cap rate, 25 Maine has both rental income and value-add avenues. With two unfinished units, the opportunity presents to bring your vision and add your finishing touches! The two 2-bedroom and four 3-bedroom units boast an abundance of natural light. Conveniently located in town, this property promotes accessibility and convenience to shopping, schools, and other public amenities.
- Listed by Tyler Stewart • Keller Williams Realty
Property Details for 25 Maine Avenue
Waterfront
No
ArchitecturalStyleMulti-Level
GarageNo
ZoningResidential
Location
Listing Courtesy of Keller Williams Realty
Add your commute
LISTING UPDATED: 04/01/2024 08:05 AM
Property Details for 25 Maine Avenue
| Status | Active |
|---|---|
| MLS # | 1585247 |
| Days on Market | 36 |
| Taxes | $2,422 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1910 |
| Lot Size | 0.08 AC / 3,484 SF |
| County | Oxford County |
Location
Listing Courtesy of Keller Williams Realty
Add your commute
Building Information for 25 Maine Avenue
Stories-Residences6Year Built1910Building Size-Lot Size0.08 AC / 3,484 SF
Payment Calculator
$1,839 per month
30 year fixed, 7.25% Interest
Principal and Interest
$1,637
Property Taxes
$202
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 25 Maine Avenue
Summary
Location and General Information
- Zip Code: 1949
- Directions: GPS Friendly
- Town: Rumford
- State/Province: ME
- Zip Code: 04276
- County: Oxford
- Geo Latitude: 44.549735
- Geo Longitude: -70.548451
- Tax Lot: 245
- Site:Level: Yes
- Location:Intown: Yes
- Location:Near Shopping: Yes
Parking
- Parking Features: No Driveway, On Street
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 5717
- Tax Map Number: 117
- Tax Year: 2022
- Parcel Number: RUMF-000117-000000-000245
- Location Information:Association Y/N: No
- Tax Annual Amount: $2,422.00
Property
Heating and Cooling
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 4200.0
- Lot Size Acres: 0.08
- Source of Acreage: Public Records
- Building Area Total: 4200.0
- Lot Size Area: 0.08
- Lot Size Units: Acres
- Lot Size Square Feet: 3484.8
- Bathrooms Full: 6
- Bathrooms Half: 0
- Street Number: 25
- 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:Total Half Baths: .00
Parking
- Driveway:No Driveway: Yes
Property and Assessments
- Sign on Property: Yes
- Documents Available: Property Disclosure Public Access, Lead Paint Addendum Public Access
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1910
Utilities
- Electric: Circuit Breakers
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Unknown: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Asbestos, Wood Frame
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Metal
Interior Features
- Basement: Full, Interior Entry, Unfinished
- Flooring: Wood, Vinyl, Tile
- Cooling: None
- Heating: Hot Water, Baseboard
- 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: $77,759.40
- Operating Expenses: $33,961.47
Multi-Family Information
- Number of Units: 6
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $1,395.00
- 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: Yes
- Unit 2:Level: First
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $1,250.00
- 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: Second
- Unit 3:Security Deposit: No
- Unit 3:Monthly Rent: $1,068.00
- 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: 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: No
- Unit 4:Level: Second
- Unit 4:Security Deposit: No
- Unit 4:Monthly Rent: $.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: Third
- 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: 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: 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 Information
- Units:# of 1 BD Units: 0
- Units:# of 2 BD Units: 2
- Units:# of 3 BD Units: 4
- Units:# of 4+ BD Units: 0
Property History for 25 Maine Avenue
| 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.
Public Records for 25 Maine Avenue
Taxable ValueLand$8,500Additions$100,700Total$109,200
Tax Record2022$2,422 ($202 / month)
Home Facts
Beds10Total Finished SqFt4,060 SqFtAbove Grade Finished SqFt4,060 SqFtLot Size3,485 SqFtStyleSingle Family ResidenceYear Built1910ZoningRESIDECountyOXFORDAPNRUMF M:117 L:245
Schools near 25 Maine 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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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 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.
