BATHS4 full
SQUARE FEET3,350
MLS#1670829
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRSU 10
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Exterior Entry, Walk-Out Access, Finished
Heating: Gas Bottled, Propane, Baseboard, Hot Water
Home Style: Other
Lot Size: 0.14 Acres
Roof Type: Metal
Taxes: $2,034
Year Built: 1905
Feature Descriptions
Amenities: Main Level, Upper Level
Electric: Circuit Breakers
Equipment: Cable, Internet Access Available
Exterior: Wood Frame, Aluminum Siding
Flooring: Laminate, Tile, Vinyl, Wood
Foundation: Stone, Other
Lot: Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Open Lot, Rolling Slope, Sidewalks, Landscaped
Parking: Common, Paved,5 - 10 Spaces, Off Site
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 2250
SQ FT Below Grade: 1100
Water: Public
Local Schools
School District: RSU 10
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Sandy River Realty
Agency Contact: 207-778-6333
Agent Name: Charlotte Lane
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 761.05 per month $523.01 Principal & Interest $169.50 Property Tax $68.54 Homeowner's Insurance
245 Pine Street | MLS# 1670829
This multi-family property located at 245 Pine Street, Rumford, ME 04276 is currently listed for sale with an asking price of $235,000. Pine Street is located within the RSU 10 school district. Search Rumford real estate on www.masiellogrouprealestate.com today.