138 Penobscot Street, Rumford, ME 04276
FOR SALE

138 Penobscot Street
Rumford, ME 04276

  • Studio
  • 3 Baths
  • 2,808 sqft
  • Studio
  • 3 Baths
  • 2,808 sqft

$124,999

Est. Mortgage $862/mo*

Local Information

map showing home location
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-- mins to
Commute Destination
Last check for updates: about 18 hours ago
Listing courtesy of Pouliot Real Estate, 207-248-6044
Source: Maine Listings, MLS#1582277

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.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$45
Listed
No Info

Home Details for 138 Penobscot Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Bulkhead,Full,Exterior Entry,Unfinished
Beds & Baths
Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2808 Square Feet
Appliances & Utilities
Laundry: Upper Level
Heating & Cooling
Heating: Hot Water,BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Hot Water
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Vinyl, Carpet
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Multi/SplitFloors: Vinyl, Carpet

Exterior Features

Exterior Home Features
Roof: FlatPatio / Porch: PorchFencing: FencedFoundation: Stone, Concrete PerimeterNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: 5 - 10 Spaces,Paved,Common,On Site
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2808 Square Feet

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: DuplexArchitecture: Duplex
Building
Construction Materials: Vinyl Siding, Wood FrameAttached To Another Structure

Price & Status

Price
List Price: $124,999Price Per Sqft: $45

Location

Direction & Address
City: Rumford
School Information
High School District: RSU 10

Agent Information

Listing Agent
Listing ID: 1582277

Building

Building Area
Building Area: 2808 Square Feet

Lot Information

Lot Area: 4791.6 sqft

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 1582277Attribution Contact: 207-248-6044

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Property Taxes and Assessment

Year2022
Tax$1,451
Assessment$65,400
Home facts updated by county records

Comparable Sales for 138 Penobscot Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Multi-Family Home
$137,000
08/15/23
3
2,652
0.06
Multi-Family Home
$48,000
12/21/23
3
2,226
0.15
Multi-Family Home
$230,000
11/30/23
3
4,032
0.21
Multi-Family Home
$202,000
10/23/23
3
3,564
0.22
Multi-Family Home
$280,000
05/11/23
6
3,885
0.37
Multi-Family Home
$159,000
09/25/23
2
2,288
0.28
Multi-Family Home
$245,000
11/14/23
5
3,336
0.61
Multi-Family Home
$165,000
09/08/23
3
2,268
0.23
Multi-Family Home
$375,000
04/03/24
8
4,112
0.34
Multi-Family Home
$315,000
09/27/23
6
3,948

What Locals Say about Rumford

  • Lily
    "As a full-time college student and mother, I telecommute. Those who commute from Rumford need a car, as there is really limited public transportation in the sticks."
    5
    Flag
  • Kari J.
    "Always dog poop everywhere and having other dogs poop in your yard yuck Always always have your dog leashed even if they are under voice command "
    0
    Flag
  • Newbie
    "We moved into our place in October. We live close to Hannaford and many businesses are in a short walking distance away. There is a HUGE WINTER PARKING PROBLEM! If you have to park on the streets you will have to find a place to park your vehicle or IT WILL BE TOWED any night it snows or any day the town does snow removal! Employment close in town is scarce so having a car is important. The town also has the occasional fart smell from the working paper Mill so air conditioning may be the better option in summer months to avoid blaming the dog or an unsuspecting family member of "crop dusting" you. Other than that, it's really a decent place to live and raise kids."
    1
    Flag
  • Peggy H.
    "Everything you need is just a moment or two away!"
    1
    Flag

LGBTQ Local Legal Protections

Pouliot Real Estate
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
138 Penobscot Street, Rumford, ME 04276 is a studio, 3 bathroom, 2,808 sqft multi-family built in 1925. This property is currently available for sale and was listed by Maine Listings on Mar 28, 2024. The MLS # for this home is MLS# 1582277.