#1613138, Listing Office: Coldwell Banker Realty
$1,775
closing credit¹
624 Prospect Ave Rumford, ME 04276
Property details
About 624 Prospect Ave
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 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!
Highlights
Summary
- MLS Number: 1612374
- MLS Name: Maine Listings
- Office Name: EXP Realty
- Office Phone: (888) 439-8743
- Office Email: me.broker@exprealty.net
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
![view of front of home featuring a porch](/homes/listing-images/51470809_S0446/S0446/S0446-R0100/20250111183949509016000000/20250112021806223652000000.jpg?version=1736694345&width=640)
$149,500
624 Prospect Ave
$1,775
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
2
Rumford Elementary School
Public District PK-5
1.5 mi
•121 Lincoln Ave
1
Meroby Elementary School
Public District PK-5
1.8 mi
•21 Cross St
1
Dirigo Elementary School
Public District PK-5
4.5 mi
•117 Auburn Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,113. The most common annual income of people living in Rumford, ME is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
Frequently asked questions
Living in Rumford, ME
About 624 Prospect Ave
This home is located at 624 Prospect Ave in Rumford, ME and zip code 04276. This 2,660 square foot home, which was built in 1900, sits on a 0.26 acre lot. Features: 2 bathrooms. It is currently priced at $149,500.