624 Prospect Avenue, Rumford, ME 04276

-New roof 2022
-New boiler 2022
-New chimney liner 2022
-New oil tank 2022
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 owned 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!