About This Home
This 0-bedroom, 4-bathroom residential multi family at 245 Pine Street in Rumford, ME is listed for $235,000 ($70 per sqft). Built in 1905, the home offers 3,350 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1905
- 0.14 acre lot
- 3 stories
Property Details
Investment opportunity with this 4-unit apartment building featuring three currently leased units and one vacant unit, providing immediate income potential with room to increase cash flow. A new propane boiler was installed in 2024. The property is in need of some updates and improvements and is being sold as is.
Also available is an adjacent 0.11-acre buildable lot with access to public water, public sewer, and utilities, offering potential for additional development or parking. The seller also has four additional rental properties available and would be willing to package them together for an expanded investment opportunity.
Monthly Cost Estimate
$1,257/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
245 Pine Street
Rumford, ME 04276
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 4-bathroom residential multi family at 245 Pine Street is listed at $235,000 ($70/sqft). The estimated monthly payment is $1,257 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1905, 0.14 acre lot, 3 stories.
This property is listed by Charlotte Lane and can be reached at 2077786333.
