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$235,000
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Property Description
Fully occupied four-unit multifamily property with a diverse unit layout consisting of two four-bedroom units and two one-bedroom units. The property is currently operating at an approximate 14.6% cap rate, offering strong in-place performance. All units are rented, providing immediate income from day one. The mix of larger and smaller apartments supports broad rental demand and operational flexibility. This asset is well suited for an investor seeking a high-yield multifamily property with established cash flow. A strong income-producing opportunity with stabilized occupancy and compelling returns.
Full Property Details
Full Property Details for 413 Cumberland St
General
- Sold For: $235,000
- Taxes: $1,823 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1646818
- Added to Site: 76 day(s) ago
Interior
- Flooring: Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Parking
- Parking Features: 1 - 4 Spaces, Common
Location
- County: Oxford
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Vinyl Siding, Wood Frame
- Roof: Flat
- Building Size: 3483
- Square Feet: 3,483
- Living Area: 3,483 Sq. Ft.
- Finished Total: 3,483 Sq. Ft.
- Finished Above Grnd: 3,483 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Lot Size Source: Public Records
- Zoning: Res
- Lot Description: Level, Near Town
Financial Considerations
- Tax Amount: $1,823
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 261
Listed by Keller Williams Realty (207) 879-9800
Sold by Town & Shore Real Estate (207) 773-0262
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Schools
Schools serving 413 Cumberland St
School District:Regional School Unit 10
| Name | Grades | Distance |
|---|---|---|
Rumford Elementary School 121 Lincoln Avenue, Rumford, ME 04276 | PK-4 | 0.2 mi |
Meroby Elementary School 21 Cross Street, Mexico, ME 04257 | PK-5 | 0.9 mi |
Mountain Valley Middle School 58 Highland Terrace, Mexico, ME 04257 | 5-8 | 1.1 mi |
Mountain Valley High School 799 Hancock Street, Rumford, ME 04276 | 9-12 | 0.9 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 413 Cumberland St
Date
Details
Price
Change
Source
2/24/2026
Sold
$235,000
-2.08%
MLS
12/17/2025
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
413 Cumberland Street, Rumford, ME 04276 (MLS# 1646818) is a Multi-Family property that was sold at $235,000 on February 24, 2026. Want to learn more about 413 Cumberland 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.

