Courtesy: EXP Realty
888-439-8743
Income-property opportunity at 131 Penobscot Street in Rumford, currently configured as three residential units with 2 occupied apartments and a vacant upper unit. Public records report approximately 2,016 square feet, three bathrooms and about 0.16 acres. The building is served by municipal water and public sewer. The seller reports that the original clay sewer lateral was replaced with PVC approximately 20 years ago. Heat is provided by an oil-fired boiler with two approximately 275-gallon oil tanks that the seller estimates to be about 20 years old. Multiple electric domestic water heaters, three laundry hookups and four electrical panels were observed; exact utility allocation and metering require party verification. The main roof was reportedly replaced approximately five years ago. The front porch roof was not included in that work and currently shows evidence of leakage and interior water staining; the seller is evaluating repair. The seller has also observed a possible area of the newer main roof that may need attention. A former rear porch collapsed and was not rebuilt, and the associated exterior door remains secured. The property has a shared/common driveway; the seller reports that neighboring properties have rights to use it. The seller also reports that a sewer/plumbing service line serving a rear neighboring property passes through the cellar, so parties should review the deed, easement rights and maintenance responsibilities. The upper unit includes an exterior secondary exit and a bathroom sewage ejector/lift-pump system. The property is presently configured and used as three units, but municipal approval and legal three-unit status have not been independently verified. With one unit vacant and existing occupancy in the others, this property offers a path for an investor or owner-occupant to improve operations and rents over time. Parties should verify leases, income, permitted use, systems, parking, easements and condition as part of due diligence.
Courtesy: EXP Realty
888-439-8743
Opportunity in Rumford at 16 South Backfield Road, an older residential property currently configured as two units with one occupied unit and one vacant unit. Public records report approximately 1,520 square feet, four bedrooms, 2 baths and about 0.37 acre. The property is served by municipal water and public sewer, and the seller reports no known sewer-line malfunctions. Heat is provided by a Lennox forced-hot-air oil system, reported by the seller to have been serviced around the winter of 2025. Two electric domestic water heaters and two breaker panels were observed. This is a substantial value-add property with deferred maintenance and should be approached as an as-is renovation project. A fire in approximately June 2025 affected the left side of the building. Visible unrepaired damage includes melted exterior siding and damage to a window and upper entry door; the extent of any concealed damage is unknown. The basement experiences dampness or moisture, although the seller does not describe it as flooding. The vacant upper unit was not fully operational during the property visit, and its water and plumbing fixtures were not tested. Interior finishes are dated and worn, with areas that will require repair, updating and general rehabilitation. The roof appears visually newer than many other components, but its exact installation date and history are unknown. The property is currently used as two residential units, while available public records have not independently established legal two-unit status; parties should verify permitted use, egress, occupancy and code requirements with the Town of Rumford. This offering may make sense for a contractor, investor or owner-occupant seeking a project with public utilities and an existing multi-unit configuration. Property is being sold as-is. Parties should perform independent inspections and due diligence regarding fire damage, systems, permitted use, measurements, unit configuration and financing eligibility. See today.
Courtesy: NextHome Experience
207-573-7400
Welcome to this well-maintained ranch-style home with exceptional flexibility to fit a variety of living situations. Currently recognized by the town as a duplex, the property also functions beautifully as a single-family home with an attached accessory living space--ideal for multigenerational living, guests, or potential rental income. Lovingly cared for over the years, this single-level home features comfortable living, an attached one-car garage, and a desirable corner lot location. Whether you're looking for space for extended family, an investment opportunity, or a ranch home with room to grow, this unique property is ready to fit your needs. Don't miss your chance to explore everything this Rumford property has to enjoy!
Courtesy: Cassie Mason Real Estate
207-418-1560
Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this opportunity is worth exploring. This well maintained property features 3 spacious 3-bedroom apartments with many updates already completed. A detached 3 bay garage provides valuable off street parking for tenants or the potential for additional rental income and storage opportunities. Outside, the property features a nice yard, providing space for tenants or owners to relax, entertain, or enjoy the outdoors. With strong income potential and flexibility for both investors and owner occupants, this property is a smart addition to any real estate portfolio.
Courtesy: NextHome Experience
207-573-7400
Whether you're looking to expand your investment portfolio or step into multifamily ownership, this 3-unit property in Rumford is one you won't want to miss. Since the current owner purchased the property, it has seen numerous updates and improvements, including a newer roof and boiler system, offering added peace of mind for years to come. Two of the three units are currently rented on month-to-month leases, providing flexibility for investors or owner-occupants alike. Situated in a convenient location, this property offers a fantastic opportunity to own a multifamily with strong income potential and valuable updates already completed. Whether you're adding to your portfolio or purchasing your first investment property, this is one worth seeing.
Courtesy: Coldwell Banker Sandy River Realty
207-778-6333
Investment opportunity with this 4-unit apartment building featuring three currently leased units and one vacant unit, providing immediate income potential with room to increase cash flow. A new propane boiler was installed in 2024. The property is in need of some updates and improvements and is being sold as is. Also available is an adjacent 0.11-acre buildable lot with access to public water, public sewer, and utilities, offering potential for additional development or parking. The seller also has four additional rental properties available and would be willing to package them together for an expanded investment opportunity.
Courtesy: Coldwell Banker Sandy River Realty
207-778-6333
Investment opportunity featuring an apartment building with three rental units plus an additional 0.09-acre lot. The building offers five newer heat pumps providing efficient heating and cooling, all installed in 2023. Additional improvements include second-floor renovations, painted cabinets in two units, and new flooring installed in all three units within the past five years. The additional lot abuts the apartment building and may only be used for off-street parking or green space. No structures are permitted on the lot. 123 and 127 Washington Street may be purchased individually or as part of a package with four additional investment properties.
Courtesy: Coldwell Banker Sandy River Realty
207-778-6333
Don't miss this opportunity to own two rental properties on one lot! The three-story multi-family building features four rental units, while the additional home offers 2 bedrooms and 1 full bath. Three units are currently leased and two are vacant, providing immediate income potential along with opportunities for owner occupancy or additional rental income. The property may be purchased individually or as part of a package that includes four additional investment properties available in Rumford and Mexico. Also available for purchase is an additional 0.11-acre buildable lot at 251 Pine Street, offering potential for additional parking or future development.
Courtesy: Meservier & Associates
207-784-2525
Well-maintained 6-unit multifamily property featuring a newer Buderus boiler, spacious layouts, and durable laminate flooring throughout. Ideally situated in a convenient in-town location close to shopping, dining, public transportation, and everyday amenities. Recent improvements include freshly remodeled units and a new roof, adding to the property's long-term value and appeal. Strong rental potential and solid cash-flow opportunity make this an excellent addition to any investment portfolio -- investors take notice!
Courtesy: Hebert Realty Group
207-369-0551
Town acquired property being sold in its 'as is' condition. DO NOT ATTEMPT TO ENTER THE PROPERTY. Property will need to be demolished within 6 months of purchase, which must be stated on any offer. Cash - will not qualify for financing.
Courtesy: Keller Williams Realty
207-879-9800
Nice 2 family redone and in town! Can be delivered full or with one unit vacant. Tenants pay their own electric and hot water.
Courtesy: Cassie Mason Real Estate
207-418-1560
Great investment opportunity in this well maintained two unit building featuring spacious units and updated electrical panels. Each unit offers laundry hookups along with full attic and basement access for ample storage. Enclosed front and back porches add extra living space, with limited off street parking, all within walking distance to many amenities the community has to offer.
Courtesy: Maine Real Estate Pros
207-200-8759
Wonderful, 2 unit with new Propane boiler with on demand hot water. Newer architectural shingled roof and tons of renovations! The home is currently owner occupied. 1st floor unit has 1 bedroom and a full bath. Large living/dining/kitchen, all open. All newer sheetrock finished walls. Such a beautiful, inviting place. The 2nd floor is amazing as well. There is a kitchen, dining area and living room, full bath and 2 bedroom but there is a 3rd floor with this unit that has another full bath(with a whirlpool tub) and 2 more bedrooms! Fireplace on second floor is blocked off but there is a place where you can hook up a propane fireplace insert if desired. It truly is a great property and would be great as an owner occupied, just as it is now. There is a rear deck and fenced in back yard, complete with an above ground pool that is included. A detached, 2 car garage, too! The garage will need a new roof soon. The full basement houses the new boiler. Community concepts weatherized the home a while back and put in a new oil tank. Seller isn't using the tank now due to the new propane boiler. Both units have nice covered porches on the front of the building. Town water and sewer. Great neighborhood and just a few short minutes to all town amenities. A must see.
Courtesy: Keller Williams Realty
207-879-9800
Nice 3 family close to shopping in Rumford! This property has had all 3 units updated during time of current ownership. The property has 2, 2 bed units and 1, 3 bed unit on the first floor! Off street parking! Tenants pay their own electric. Add this to your portfolio today!
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.
