Courtesy: EXP Realty
888-439-8743
Unlock the potential of this spacious multi-unit property located in the heart of Rumford. This 7-bedroom, 2-bathroom, 2660sq ft building is ready for the right investor to bring it back to life. Additional parking area off Luxton Ave. Property Highlights: Unit 1: Features 3 bedrooms, offering excellent rental income potential. Unit 2: Includes 4 bedrooms, perfect for a family or roommates. One bathroom is handicap accessible, increasing the building's appeal to a wider tenant base. Prime opportunity for a value-add rehab project to maximize ROI. Why Invest Here? This property is ideal for seasoned investors or those ready to jump into the lucrative world of real estate. With some TLC and updates, this building can become a high-yield rental property in a growing rental market. Rumford offers a blend of charm, community, and outdoor recreation, attracting tenants and buyers alike. 💰 Don't miss out! Contact us today for more details or to schedule a showing. Let's turn this diamond in the rough into a gem that generates lasting returns!
Rumford is located in Maine. Rumford, Maine has a population of 5,846. Rumford is more family-centric than the surrounding county with 24.49% of the households containing married families with children. The county average for households married with children is 24.25%.
The median household income in Rumford, Maine is $44,870. The median household income for the surrounding county is $51,384 compared to the national median of $69,021. The median age of people living in Rumford is 51.7 years.
The average high temperature in July is 78.2 degrees, with an average low temperature in January of 5.5 degrees. The average rainfall is approximately 49.2 inches per year, with 79.2 inches of snow per year.
