138 Penobscot Street

Rumford, ME 04276

MLS ID# 1582277 Active

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$124,999

0 parking spaces

2808 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details

Description

Located in the heart of Rumford, this recently upgraded duplex presents a fantastic opportunity for investors looking to grow their rental portfolio. With two spacious tenant-occupied units and ample onsite parking, this building recently received an upgraded boiler and areas of newly-added vinyl siding. Two full boxes of unused siding remain on-site and will convey with the property. The first unit occupies the entire first floor with three bedrooms and one bathroom and the second unit occupies the entire second and third floors with five bedrooms and two bathrooms. For investors thinking about ways to maximize returns: the building once contained 3 units and heat, water, and electricity already exist in a 3 unit configuration. Located in the heart of Rumford, this recently upgraded duplex presents a fantastic opportunity for investors looking to grow their rental portfolio. With two spacious tenant-occupied units and ample onsite parking, this building recently received a... show more

Location Information

• Street # 138
• Street Name Penobscot
• Street Type Street
• County Oxford
• Town Rumford
• State/Province ME
• Zip Code 04276
• Zip +4 1979
• Leased Land No
• Book 5561
• Page 279
• Map 117
• Lot 200
• Zoning RD
• Zoning Overlay No
• Tax ID RUMF-000117-000000-000200
• Association No
• School District RSU 10
• Full Tax Amount 1451
• Tax Year 2022

Property Information

• Surveyed Unknown
• Seasonal No
• Owner Occupied No
• Deed/Conveyance Type Offered Warranty
• Deed All
• 2 Detached Houses on 1 Lot No
• Number of Units 2
• Total Baths 3
• Total Full Baths 3
• Total Half Baths 0
• Color Light Grey
• Year Built 1925
• SqFt Finished Above Grade 2808
• SqFt Finished Below Grade 0
• SqFt Finished Total 2808
• SqFt Source Public Records
• Garage No
• Garage Spaces 0
• Lot Size Acres +/- 0.11
• Source of Acreage Public Records
• Road Frontage No

Compensation & Misc Info

• Buyer Agency 2%

Directions

GPS Friendly

Details

• Site

  Corner Lot, Sidewalks

• Roads

  Paved, Public

• Water Info

  No Water Frontage, No Water View

• Building Info

  # Stories:3, # Floors:3, # Water Heaters:1

• Income & Expenses

  Gross Income:25080, Operating Expenses:13175

• Units

  # of 1 BD Units:0, # of 2 BD Units:0, # of 3 BD Units:1, # of 4+ BD Units:1

• Unit 1

  No Lease, Level:First, No Security Deposit, Monthly Rent:800, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  No Lease, Level:Second, No Security Deposit, Monthly Rent:1400, # Full Baths:2, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, No Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Style

  Duplex, Multi-Level

• Construction

  Wood Frame

• Basement

  Bulkhead, Full, Unfinished

• Basement Entry

  Bulkhead

• Foundation Materials

  Poured Concrete, Stone

• Exterior

  Vinyl Siding

• Roof

  Flat

• Heat System

  Baseboard, Hot Water

• Heat Fuel

  Oil

• Water Heater

  Electric

• Cooling

  None

• Floors

  Carpet, Vinyl

• Amenities

  Bathtub, Fence

• Patio and Porch Features

  Porch

• Equipment

  Satellite Dish

• Driveway

  Common, Paved

• Parking

  5 - 10 Spaces, On Site

• Vehicle Storage

  No Vehicle Storage

• Electric

  Circuit Breakers

• Utilities

  Pole, Utilities On

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public