207-778-2755Call Now272 Morrison Hill Rd, Farmington, ME

$1,225,000
MLS#: 1638845
22 Bath
  • Type: Multi-family
  • Lot Size: 0.47 Acres
  • Year Built: 1900
  • Square Feet: 16,281

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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

Bathrooms:
22
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
16281
Basement:
Construction:
Year Built:
1900
Roof:
Heating:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.47
Sewer:
Public Sewer
Zoning:
Residential

Map (approximate)

Realtor MLS

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.