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245 Pine Street
Rumford, ME 04276
$235,000
4 Full
Bath
3350 sq ft
Listing Courtesy of: Coldwell Banker Sandy River Realty
207-778-6333
Investment opportunity with this 4-unit apartment building featuring one currently leased unit and three vacant units, providing immediate income potential with room to increase cash flow. A new propane boiler was installed in 2024. The property is in need of some updates and improvements and is being sold as is. The seller also has two additional rental properties available and would be willing to package them together for an expanded investment opportunity.
| Listing Id: | 1670829 |
|---|---|
| List Price: | $235,000 |
| Property Type: | Multi-Family |
| Status: | Active |
| Bathrooms Full: | 4 |
| Tax Annual Amount: | $2,034 |
| Lot Size Square Feet: | 6,098.4 |
| Lot Size Acres: | 0.14 |
| Architectural Style: | Other |
| Waterfront?: | No |
| City: | Rumford |
| County Or Parish: | Oxford |
| Postal Code: | 04276 |
| Year Built: | 1905 |
| Number Of Units Total: | 4 |
| Restrictions: | No Restrictions |
| Listing Key: | 8043fc862d4b41f73e81d20640a1fd13 |
| Above Grade Finished Area: | 2,250.0 |
| Bathrooms Total Integer: | 4 |
| Below Grade Finished Area: | 1,100.0 |
| Building Area Total: | 3,350.0 |
| Basement: | Exterior Entry, Walk-Out Access, Finished |
| Construction Materials: | Wood Frame, Aluminum Siding |
| Cooling: | None |
| Documents Change Timestamp: | 2026-07-17T15:32:42Z |
| Documents Count: | 2 |
| Directions: | From US Route 2 in Rumford, turn onto Franklin Street, continue up the hill, turn left onto Oxford Avenue, then take the second left onto Pine Street and continue to 245 Pine Street on your left. |
| Electric: | Circuit Breakers |
| Flooring: | Laminate, Tile, Vinyl, Wood |
| Foundation Details: | Stone, Other |
| Furnished: | Unfurnished |
| Garage Spaces: | 0.0 |
| Gross Income: | $62,760 |
| Heating?: | Yes |
| Heating: | Gas Bottled, Propane, Baseboard, Hot Water |
| High School District: | RSU 10 |
| Listing Contract Date: | 2026-07-08 |
| Lot Size Area: | 0.14 |
| Laundry Features: | Main Level, Upper Level |
| Lot Features: | Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Open Lot, Rolling Slope, Sidewalks, Landscaped |
| Lot Size Units: | Acres |
| Levels: | Multi-Level |
| Status: | Active |
| Original List Price: | $235,000 |
| Other Equipment: | Cable, Internet Access Available |
| Operating Expense: | $16,271 |
| Parcel Number: | RUMF-000116-000000-000101 |
| Parking Features: | Common, Paved, 5 - 10 Spaces, Off Site |
| Postal Code Plus4: | 2276 |
| Pets Allowed: | No Restrictions |
| Road Surface Type: | Paved |
| Roof: | Metal |
| State Or Province: | ME |
| Stories: | 3 |
| Tax Year: | 2025 |
| Waterfront Features: | Nearby |
| Water Source: | Public |
| Zoning: | residential |
| Gas: | Bottled |
| Lot Size Source: | Public Records |
| Sewer: | Public Sewer |
| Bathrooms Total Decimal: | 4.0 |
| Approval Status: | true |
| Utilities Utilities On: | Yes |
| Water Info Water View: | No |
| Unit 1 Lease: | Yes |
| Unit 1 Level: | Basement |
| Unit 1 Security Deposit: | Yes |
| Unit 1 Monthly Rent: | 875.0 |
| Unit 1 # Full Baths: | 1 |
| Unit 1 # Of Rooms: | 4 |
| Unit 1 Electric: | No |
| Unit 1 Heat: | Yes |
| Unit 1 Range: | Yes |
| Unit 1 Refrigerator: | Yes |
| Unit 1 Dedicated Electric Meter: | Yes |
| Unit 1 Dedicated Gas Meter: | No |
| Unit 1 Dedicated Water Heater: | Yes |
| Unit 1 Sewer: | Yes |
| Unit 1 Water: | Yes |
| Unit 2 # Full Baths: | 1 |
| Unit 2 # Of Rooms: | 6 |
| Unit 2 Lease: | No |
| Unit 2 Level: | First |
| Unit 2 Security Deposit: | No |
| Unit 2 Monthly Rent: | 1365.0 |
| Unit 2 Electric: | No |
| Unit 2 Heat: | Yes |
| Unit 2 Range: | Yes |
| Unit 2 Refrigerator: | Yes |
| Unit 2 Dedicated Gas Meter: | No |
| Unit 2 Dedicated Electric Meter: | Yes |
| Unit 2 Dedicated Water Heater: | Yes |
| Unit 2 Sewer: | Yes |
| Unit 2 Water: | Yes |
| Unit 3 # Of Rooms: | 6 |
| Unit 3 Lease: | No |
| Unit 3 Level: | Second |
| Unit 3 Security Deposit: | No |
| Unit 3 Monthly Rent: | $1,295 |
| Unit 3 # Full Baths: | 1 |
| Unit 3 Electric: | No |
| Unit 3 Heat: | Yes |
| Unit 3 Range: | Yes |
| Unit 3 Dedicated Gas Meter: | No |
| Unit 3 Dedicated Electric Meter: | Yes |
| Unit 3 Dedicated Water Heater: | Yes |
| Unit 3 Refrigerator: | Yes |
| Unit 3 Sewer: | Yes |
| Unit 3 Water: | Yes |
| Unit 4 # Of Rooms: | 8 |
| Unit 4 Lease: | No |
| Unit 4 Level: | Third |
| Unit 4 Security Deposit: | No |
| Unit 4 Monthly Rent: | $1,600 |
| Unit 4 # Full Baths: | 1 |
| Unit 4 Dedicated Water Heater: | Yes |
| Unit 4 Electric: | No |
| Unit 4 Heat: | Yes |
| Unit 4 Range: | Yes |
| Unit 4 Dedicated Gas Meter: | No |
| Unit 4 Dedicated Electric Meter: | Yes |
| Unit 4 Refrigerator: | Yes |
| Unit 4 Sewer: | Yes |
| Unit 4 Water: | Yes |
| Units # Of 1 Bd Units: | 1 |
| Units # Of 3 Bd Units: | 2 |
| Units # Of 4+ Bd Units: | 1 |
| Property Information Road Frontage +/-: | 60.0 |
| Property Information Source Of Road Frontage: | Public Records |
| Property Information Surveyed: | Unknown |
| Property Information Seasonal: | No |
| Property Information Deed/conveyance Type Offered: | Warranty |
| Property Information Color: | white/beige |
| Property Information Deed: | All |
| Property Information Deed Restrictions: | Unknown |
| Property Information Road Frontage: | Yes |
| Property Information Sq Ft Source: | Public Records |
| Misc Info Owner Name 2: | Stephen E. Milligan |
| Location Information Page: | 194-195 |
| Location Information Zoning Overlay: | No |
| Location Information Tree Growth Y/n: | No |
| Contract Information List Price/sq Ft: | $104 |
| Contract Information Comp Listing: | No |
| Misc Info Internal List #3: | 6628 |
| Remarks Showing Remarks: | Please schedule all showings at least 48 hours in advance to allow adequate notice to be provided to the tenants. |
| Amenities: | Main Level, Upper Level |
| Roads: | Paved, Public |
| Vehicle Storage: | No Vehicle Storage |
| Water Heater: | Heat Pump |
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Maine Real Estate Information System, Inc. data last updated on October 08, 2026 05:26 PM - ET
Property Last Updated: October 08, 2026 05:26 PM - ET
