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$280,000
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Property Description
This fully renovated 4-unit in the heart of Rumford is a rare find-offering both charm and serious cash flow. Boasting over a 12% cap rate, this property checks all the boxes for both new and seasoned investors. Major upgrades include new siding, porches, and a newer roof/heating system, ensuring low maintenance for years to come. Each unit is well-maintained, and the building itself is a true standout-one of the most attractive multi-families in the area. Tenants benefit from updated systems and curb appeal, while owners benefit from strong rents and minimal headaches. Opportunities like this don't last long. Whether you're looking to expand your portfolio or step into your first multifamily with confidence, this property delivers.
Full Property Details
Full Property Details for 20 Falmouth St
General
- Sold For: $280,000
- Taxes: $1,451 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1627279
- Added to Site: 213 day(s) ago
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Parking
- Parking Features: 1 - 4 Spaces, Concrete, Common, On-Site Parking
Location
- County: Oxford
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Vinyl Siding, Wood Frame
- Roof: Flat
- Stories/Levels: 3
- Building Size: 2088
- Square Feet: 2,088
- Living Area: 2,088 Sq. Ft.
- Finished Total: 2,088 Sq. Ft.
- Finished Above Grnd: 2,088 Sq. Ft.
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
- Lot Size Source: Public Records
- Lot Description: Level, Sidewalks, Intown, Near Shopping
Financial Considerations
- Tax Amount: $1,451
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 327
Listed by Keller Williams Realty (207) 879-9800
Sold by Keller Williams Realty (207) 344-3300
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Schools
Schools serving 20 Falmouth St
School District:Regional School Unit 10
| Name | Grades | Distance |
|---|---|---|
Rumford Elementary School 121 Lincoln Avenue, Rumford, ME 04276 | PK-4 | 0.3 mi |
Meroby Elementary School 21 Cross Street, Mexico, ME 04257 | PK-5 | 0.8 mi |
Mountain Valley Middle School 58 Highland Terrace, Mexico, ME 04257 | 5-8 | 1 mi |
Mountain Valley High School 799 Hancock Street, Rumford, ME 04276 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Falmouth St
Date
Details
Price
Change
Source
12/15/2025
Sold
$280,000
1.82%
MLS
6/18/2025
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20 Falmouth Street, Rumford, ME 04276 (MLS# 1627279) is a Multi-Family property that was sold at $280,000 on December 15, 2025. Want to learn more about 20 Falmouth Street? Do you have questions about finding other Multi-Family real estate for sale in Rumford? You can browse all Rumford real estate or contact a Coldwell Banker agent to request more information.

