Date
Details
Price
Change
Source
2/23/2026
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$360,000 Just Listed
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Property Description
Well-located 6-unit multifamily comprised of a desirable unit mix of three (3) 2-bedroom apartments and three (3) 3-bedroom apartments. The property currently has one rent ready vacancy, providing immediate upside through lease-up and income stabilization. The building is operating at a 10.3% cap rate, with a clear path to increased performance. Through rent optimization and full occupancy, the property shows potential to achieve a 14%+ cap rate, making this an attractive opportunity for investors seeking both cash flow and value appreciation. Additional upside is supported by a newer furnace, helping reduce near-term capital expenditure concerns while improving operational efficiency. An ideal acquisition for investors looking to step into a light value-add opportunity with meaningful income growth potential.
Full Property Details
Full Property Details for 425 Cumberland St
General
- Price: $360,000
- Taxes: $2,617 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1652561
- Updated: Today (2/23/2026)
- Added to Site: Today
Interior
- Flooring: Wood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Parking
- Parking Features: 1 - 4 Spaces, Paved, Off Street
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
- Stories/Levels: 3
- Building Size: 4500
- Square Feet: 4,500
- Living Area: 4,500 Sq. Ft.
- Finished Total: 4,500 Sq. Ft.
- Finished Above Grnd: 4,500 Sq. Ft.
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
- Lot Size Source: Public Records
- Zoning: Res
- Lot Description: Level, Intown
Financial Considerations
- Tax Amount: $2,617
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 263
Listed by Elevate Maine Realty (207) 203-9022
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Listing agent
— 425 Cumberland St —
Elevate Maine Realty
207-203-9022
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 425 Cumberland St
School District:Regional School Unit 10
| Name | Grades | Distance |
|---|---|---|
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 425 Cumberland St
Tax History
Tax History for 425 Cumberland St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,617
13%
$139,700
—
2024
$2,322
5%
$139,700
40%
2023
$2,214
—
$99,800
—
2022
$2,214
-1%
$99,800
—
2021
$2,241
-1%
$99,800
—
2020
$2,255
36%
$99,800
83%
2019
$1,663
3%
$54,510
—
2018
$1,622
3%
$54,510
—
2017
$1,573
3%
$54,510
—
2016
$1,526
2%
$54,510
—
2015
$1,496
2%
$54,510
—
2014
$1,469
12%
$54,510
—
2013
$1,308
—
$54,510
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 425 Cumberland St
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425 Cumberland Street, Rumford, ME 04276 (MLS# 1652561) is a Multi-Family property with 6 units containing 0 bedrooms and 6 full bathrooms. 425 Cumberland Street is currently listed for $360,000 and was received on February 23, 2026. Want to learn more about 425 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.