$149,500

Est. Mortgage $0/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

624 Prospect Avenue, Rumford, ME, 04276

624 Prospect Avenue, Rumford, ME, 04276
View larger map Directions

2 Full baths

1900

Multi-Level

2,660 sqft

Unlock the potential of this spacious multi-unit property located in the heart of Rumford. This 7-bedroom, 2-bathroom, 2660sq ft building is ready for the right investor to bring it back to life. Additional parking area off Luxton Ave. Property Highlights: Unit 1: Features 3 bedrooms, offering excellent rental income potential. Unit 2: Includes 4 bedrooms, perfect for a family or roommates. One bathroom is handicap accessible, increasing the building's appeal to a wider tenant base. Prime opportunity for a value-add rehab project to maximize ROI. Why Invest Here? This property is ideal for seasoned investors or those ready to jump into the lucrative world of real estate. With some TLC and updates, this building can become a high-yield rental property in a growing rental market. Rumford offers a blend of charm, community, and outdoor recreation, attracting tenants and buyers alike. 💰 Don't miss out! Contact us today for more details or to schedule a showing. Let's turn this diamond in the rough into a gem that generates lasting returns!

Status:

Active

Type:

Multi-family

Units:

2

Zoning:

Res

Heating:

Baseboard

Cooling:

None

Basement:

Full, Interior Entry, Unfinished

Parking:

5 - 10 Spaces, Paved, Off Site, On Site

Acreage:

0.26

Est. Taxes:

$2,719

Construction

Clapboard, Asbestos, Post & Beam

Utilities

Utilities On

Lot Description:

Rolling Slope, Neighborhood

View Description:

Mountain(s)

Amenities:

Attic, Bathtub, Other

Pet Policy:

No Restrictions

MLS #:

1612374

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

Price Reduced!

$139,900

2 baths

2,232 sqft

122 Katahdin Avenue, Millinocket, ME, 04462

Price Reduced!

$155,000

2 baths

1,812 sqft

190 US-1, Frenchville, ME, 04745

$157,500

2 baths

1,786 sqft

72 Western Avenue, Waterville, ME, 04901

$169,900

2 baths

2,013 sqft

1 Patten Court, Brewer, ME, 04412

$129,900

2 baths

1,580 sqft

35 Blaine Street, Fort Fairfield, ME, 04742

Price Reduced!

$149,000

4 baths

3,100 sqft

5 Burleigh Avenue, Limestone, ME, 04750

Price Reduced!

$129,500

2 baths

2,398 sqft

73 N Perley Brook Road, Fort Kent, ME, 04743

$149,900

2 baths

1,458 sqft

73 Spring Street, Dexter, ME, 04930

$149,900

1 baths

1,969 sqft

400 E Main Street, Madawaska, ME, 04756

$165,000

2 baths

2,064 sqft

23 Searles Street, Livermore Falls, ME, 04254

$155,000

3 baths

2,484 sqft

10+12 Railroad Avenue, Milo, ME, 04463

$120,000

4 baths

2,120 sqft

51-53 North Street, Houlton, ME, 04730

Price Reduced!

$155,000

4.5 baths

3,504 sqft

289 Main Street, Canaan, ME, 04924

$174,900

2 baths

1,689 sqft

12 Roberts Street, Presque Isle, ME, 04769

$159,000

3 baths

2,492 sqft

114 Carver Street, Waterville, ME, 04901

Price Reduced!

$142,500

3 baths

1,344 sqft

16 Buswell Street, Anson, ME, 04911


Listing courtesy of EXP Realty