Listing Details
- $300,000
- MLS# 1653046
- Type Multi Unit - Multiple
- Status Pending
- 6 full Bathrooms
- 4,680 Square Feet
- 0.140 acres Lot Size
- 1925 Year Built
Description
Six-unit multifamily on Cumberland Street offering significant upside through filling vacancies. While the property is currently 50% vacant, all units are rent-ready and positioned for immediate occupancy. The property features separate electric and a functional layout that supports straightforward management. Once fully leased, the projected stabilized cap rate is over 18%, presenting a strong return profile for investors focused on cash flow and value creation.With units ready to be placed and clear income upside through stabilization, this asset offers a defined path to improved performance in a proven rental market. Financials available...read more
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/04/2026. The listing information on this page last changed on 11/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 11/04/2026 12:00:26 AM EST) or Prime MLS (last updated Tue 11/03/2026 11:34:18 PM EST) or MREIS (last updated Tue 11/03/2026 11:55:18 PM EST). Real estate listings held by brokerage firms other than Badger Peabody & Smith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
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