20 Falmouth Street, Rumford, ME 04276
$275,000
Property Type:
Multi-Family
Baths:
4
Square Footage:
2,088
Lot Size (sq. ft.):
11,761
Status:
Pending
Current Price:
$275,000
List Date:
6/19/2025
Last Modified:
10/08/2025
Description
This fully renovated 4-unit in the heart of Rumford is a rare find—offering both charm and serious cash flow. Boasting over a 12% cap rate, this property checks all the boxes for both new and seasoned investors. Major upgrades include new siding, porches, and a newer roof/heating system, ensuring low maintenance for years to come.
Each unit is well-maintained, and the building itself is a true standout—one of the most attractive multi-families in the area. Tenants benefit from updated systems and curb appeal, while owners benefit from strong rents and minimal headaches.
Opportunities like this don't last long. Whether you're looking to expand your portfolio or step into your first multifamily with confidence, this property delivers.
Supplements: ********
More Information MLS# 1627279
Location Information
Book: 5602
Leased Land: No
Page: 207-208
Map: 113
Lot: 327
Zoning Overlay: Unknown
Association: No
Tree Growth Y/N: No
Street #: 20
Street Name: Falmouth
Street Type: Street
County: Oxford
Town: Rumford
State/Province: ME
Zip Code: 04276
Zip +4: 1647
Zoning: N/A
Full Tax Amount $: 1451
Tax Year: 2024
Geo Lat: 44.553079
Geo Lon: -70.54656
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Number of Units: 4
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
2 Detached Houses on 1 Lot: No
Lot Size Acres +/-: 0.27
Total Baths: 4
Total Half Baths: 0
Road Frontage: Yes
Road Frontage +/-: 100.76
Source of Road Frontage: Public Records
SqFt Finished Above Grade: 2088
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: No
Total Full Baths: 4
Year Built: 1925
SqFt Finished Total: 2088
Source of Acreage: Public Records
Site
Level: 1
Sidewalks: 1
Location
Intown: 1
Near Shopping: 1
Roads
Public: 1
Water Info
Water Frontage: No
Water View: Seasonal
Water Body Name: Androscoggin
Water Body Type
River: 1
Style
Other: 1
Construction
Wood Frame: 1
Levels
Multi-Level: 1
Basement
Full: 1
Unfinished: 1
Exterior
Vinyl Siding: 1
Roof
Flat: 1
Heat System
Steam: 1
Building Info
# Stories: 3
Heat Fuel
Oil: 1
Propane: 1
Income & Expenses
Gross Income: 54720
Operating Expenses: 20710.82
Cooling
Window Unit(s): 1
Floors
Vinyl: 1
Units
# of 1 BD Units: 1
# of 2 BD Units: 1
# of 3 BD Units: 2
Parking
1 - 4 Spaces: 1
On Site: 1
Unit 1
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 910
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1050
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1500
# Full Baths: 1
# of Rooms: 6
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
No Gas: 1
Unit 4
Lease: Yes
Level: Third
Security Deposit: Yes
Monthly Rent: 1100
# Full Baths: 1
# of Rooms: 6
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Sewer
Public Sewer: 1
Water
Public: 1
Driveway
Common: 1
Concrete: 1
Basement Entry
Doghouse: 1
Water Heater
Tank: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Pending
Original List Price: 275000
List Price: $275,000
Current Price: $275,000
Status Change Info
Pending Date: 2025-07-01
Property Features
Site: Level; Sidewalks
Location: Intown; Near Shopping
Roads: Public
Water Body Type: River
Style: Other
Levels: Multi-Level
Construction: Wood Frame
Basement: Full; Unfinished
Basement Entry: Doghouse
Exterior: Vinyl Siding
Roof: Flat
Heat System: Steam
Heat Fuel: Oil; Propane
Water Heater: Tank
Cooling: Window Unit(s)
Floors: Vinyl
Driveway: Common; Concrete
Parking: 1 - 4 Spaces; On Site
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: No Gas
Sewer: Public Sewer
Water: Public
Documents
Property Disclosure Public Access ›Listing Office: Keller Williams Realty
Last Updated: October - 08 - 2025
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