$1,225,000
MLS#: 1638845
- Type: Multi-family
- Lot Size: 0.47 Acres
- Year Built: 1900
- Square Feet: 16,281
Property Details
Turnkey investment portfolio offering 22 units across 4 buildings in Rumford, located at 413, 419, 421, and 425 Cumberland Street. The package consists of three 6-unit buildings and one 4-unit building, with a strong unit mix of (2) four-bedrooms, (3) three-bedrooms, (15) two-bedrooms, and (2) one-bedrooms that appeals to a wide tenant base. All properties are situated within a federally designated Opportunity Zone, providing potential tax advantages for investors. With only 1 current vacancy and an impressive 12.6% cap rate, this portfolio offers immediate turnkey cash flow with long-term upside potential.
Property Listed by: Keller Williams Realty
Home Features
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
16281
Land Features
Electric:
Circuit Breakers
Map (approximate)