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$300,000
New Listing
48 Essex AvenueRumford, ME 04276
For Sale|Multi Family|Active
0
Beds
5
Total Baths
5
Full Baths
3,348
SqFt
$90
/SqFt
1923
Built
County:
Oxford
Days online/new listing status provided by Showcase IDX.
Listing courtesy of Tyler Stewart of Elevate Maine Realty (207) 213-7644
Call Now: 207.532.6573
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207.532.6573
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Monthly Payment (Est.)
$1,369Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 10.5% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years old. A well-maintained, turnkey investment with proven performance and strong fundamentals.
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Listing Snapshot
Price
$300,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
3,348 sqft
Total Baths
5
Full Baths
5
Partial Baths
N/A
Lot Size
0.15 Acres
Year Built
1923
MLS® Number
1652592
Status
Active
Property Tax
$2,131
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Days online/new listing status provided by Showcase IDX.
Friends & Family
Recent Activity
| 8 hours ago | Listing first seen on site | |
| 8 hours ago | Listing updated with changes from the MLS® |
Price history, status history, and update history provided by Showcase IDX.
General Features
Acres
0.15
Land Lease
No
Parking
Common
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
3348
SqFt Total
3348
Style
Other
Water Source
Public
Zoning
Res
Interior Features
Basement
FullUnfinished
Electric
Circuit Breakers
Flooring
WoodVinylTile
Heating
Hot WaterBaseboard
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Exterior Features
Construction Details
Vinyl Siding
Lot Features
Level
Roof
Flat
Listing courtesy of Tyler Stewart of Elevate Maine Realty (207) 213-7644 Bought with of
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Last checked 2026-02-24 09:06 PM UTC
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Last checked 2026-02-24 09:06 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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