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$400,000

  • For Sale
  • Active
  • Multi-Family
  • 7 Units
  • 0.14 Acres
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Well-positioned 7-unit building on Kennebec Street in Rumford featuring a desirable unit mix of (5) three-bedroom units and (2) two-bedroom units with a 3 year old roof. Currently operating with just one vacancy and producing a 9.2% cap rate, the property offers immediate turnkey cash flow with significant upside. With rents below market, projected returns exceed 15% cap rate potential. Recent improvements include a roof less than three years old, adding further stability for investors.

Full Property Details for 512 Kennebec St

General

  • Price: $400,000
  • Taxes: $3,271 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1638860
  • Updated: 9/25/2025
  • Added to Site: 113 day(s) ago

Interior

  • Flooring: Wood, Vinyl, Tile

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 7

Parking

  • Parking Features: 1 - 4 Spaces, Common

Location

  • County: Oxford

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: New Englander
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Flat
  • Building Size: 4368
  • Square Feet: 4,368
  • Living Area: 4,368 Sq. Ft.
  • Finished Total: 4,368 Sq. Ft.
  • Finished Above Grnd: 4,368 Sq. Ft.
  • Year Built: 1922

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098.4
  • Lot Size Source: Public Records
  • Zoning: Residential
  • Lot Description: Level, Near Town

Financial Considerations

  • Tax Amount: $3,271
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 49

Listed by Keller Williams Realty (207) 879-9800

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Listing agent

— 512 Kennebec St —

  • Keller Williams Realty

    207-879-9800

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 512 Kennebec St

School District:Regional School Unit 10
NameGradesDistance
Rumford Elementary School
121 Lincoln Avenue, Rumford, ME 04276
PK-40.1 mi
Meroby Elementary School
21 Cross Street, Mexico, ME 04257
PK-51.1 mi
Mountain Valley Middle School
58 Highland Terrace, Mexico, ME 04257
5-81.3 mi
Mountain Valley High School
799 Hancock Street, Rumford, ME 04276
9-120.8 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 512 Kennebec St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2025
Listed
$400,000
203.03%
MLS
12/13/2019
Sold
$132,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 512 Kennebec St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,271
5%
$196,800
40%
2023
$3,116
3%
$140,500
3%
2022
$3,028
-1%
$136,500
—
2021
$3,064
-1%
$136,500
—
2020
$3,085
86%
$136,500
152%
2019
$1,655
2%
$54,270
—
2018
$1,615
3%
$54,270
—
2017
$1,566
3%
$54,270
—
2016
$1,520
2%
$54,270
—
2015
$1,490
2%
$54,270
—
2014
$1,463
12%
$54,270
—
2013
$1,302
—
$54,270
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Realty (207) 879-9800

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Price Reduced near 512 Kennebec St

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Recent Sales near 512 Kennebec St

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512 Kennebec Street, Rumford, ME 04276 (MLS# 1638860) is a Multi-Family property with 7 units containing 0 bedrooms and 7 full bathrooms. 512 Kennebec Street is currently listed for $400,000 and was received on September 25, 2025. Want to learn more about 512 Kennebec 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.

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