For Sale

Multi-Level, Multi-Family – Rumford, ME

$425,000

Description

This is a great investment opportunity in a western Maine mill town. This building has 4-3 bedroom and 2-2 bedroom residential rental units and 1 – retail store front rental. The building currently is vacant with no rental history from the current owners. The 3rd floor units are 90% renovated, the 2nd floor units area 60% renovated including new windows, doors, carpet, paint, interior trim, plumbing, electrical, insulation, boiler and baseboard heat. The renovations have been halted due to a minor setback (small fire in basement) but it would not take much to get the renovations completed and get this investment up and running. Check out the estimated income and expense report and property disclosures #2265
Copyright © 2023 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.