Date
Details
Price
Change
Source
9/23/2025
Listed
$1,000,000
—
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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$1,000,000
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Property Description
Rare investment package offering 18 total units across two properties located directly across the street from one another in Rumford. The portfolio includes a 12-unit at 93-99 Maine Avenue and a 6-unit at 98 Maine Avenue, with a desirable mix of 6 one-bedrooms, 6 two-bedrooms, and 6 three-bedrooms. With just two vacancies, the properties are currently producing a 9.65% cap rate, with projected upside exceeding 14% through rent increases and value-add improvements. A turnkey opportunity with immediate cash flow and exceptional long-term growth potential.
Full Property Details
Full Property Details for 93-99 & 98 Maine Ave
General
- Price: $1,000,000
- Taxes: $6,611 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1638625
- Updated: 9/25/2025
- Added to Site: 117 day(s) ago
Interior
- Flooring: Wood, Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 18
- Full Bathrooms: 18
Parking
- Parking Features: 5 - 10 Spaces, Common
Location
- County: Oxford
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Asbestos, Wood Frame
- Roof: Flat
- Building Size: 11448
- Square Feet: 11,448
- Living Area: 11,448 Sq. Ft.
- Finished Total: 11,448 Sq. Ft.
- Finished Above Grnd: 11,448 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,393.6
- Lot Size Source: Public Records
- Zoning: Residential
- Lot Description: Level, Near Town
Financial Considerations
- Tax Amount: $6,611.44
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 159 & 159
Listed by Keller Williams Realty (207) 879-9800
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Listing agent
— 93-99 & 98 Maine Ave —
Keller Williams Realty
207-879-9800
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 93-99 & 98 Maine Ave
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 | 1.1 mi |
Mountain Valley Middle School 58 Highland Terrace, Mexico, ME 04257 | 5-8 | 1.4 mi |
Mountain Valley High School 799 Hancock Street, Rumford, ME 04276 | 9-12 | 1.1 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 93-99 & 98 Maine Ave
Estimate the Cost
Estimate the Cost for 93-99 & 98 Maine Ave
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 2,310Sq. Ft.
Listed by EXP Realty
- Single Family
- Active
- Updated 18 hours ago
- 3Beds
- 2Total Baths
- 1,902Sq. Ft.
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- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
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- Active
- Updated 4 days ago
- 4Beds
- 4Total Baths
- 3,200Sq. Ft.
Listed by Mahoosuc Realty, Inc.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 1Total Bath
- 1,625Sq. Ft.
Listed by Jason Clark (207) 608-5927
- Retail
- Active
Listed by Berkshire Hathaway HomeServices Northeast Real Estate
- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 1Total Bath
- 1,152Sq. Ft.
Listed by Realty of Maine
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 5Total Baths
- 3,387Sq. Ft.
Listed by Mahoosuc Realty, Inc.
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- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,280Sq. Ft.
Listed by Cassie Mason Real Estate
Sold by Meservier & Associates
Sold by Meservier & Associates
93-99 & 98 Maine Avenue, Rumford, ME 04276 (MLS# 1638625) is a Multi-Family property with 18 units containing 0 bedrooms and 18 full bathrooms. 93-99 & 98 Maine Avenue is currently listed for $1,000,000 and was received on September 23, 2025. Want to learn more about 93-99 & 98 Maine Avenue? 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.