An example of a Rumford real estate bargain

Here's a duplex for $79,500. It was a fixer-upper, but now half the work is done. Rent one side, finish the other

This website has been trying to drive home the fact that real estate in Rumford, Maine, is priced way below the market value nearly anywhere else in New England. It won't last. Here's a perfect example. This Rumford, Maine 1920's woodframe building has two independent sides, with separate electrical connections but a common oil-fired heating system. The furnace is recent and the heating system, forced hot air, works well .

One side of the building is now completely redone and currently rented and would be a positive cash flow with a purchase at $79,500. It has a new roof, laundry room with washing machine and dryer installed. Town sewer and water and garbage collection. This is a nice section of Rumford, and this building could be used for a single family, a duplex, or it could be converted into office space. An empty lot next door was purchased and added to the property to make a large parcel behind and to the side of the building. The other side is about four-fifths done and needs about $1000 more in patches and upgrades. If fixing up a house is beyond your abilities,then this is not your place. But if hanging a bit of sheetrock and popping in a replacement window is something you can do, here's a chance to make some money. Take the first step now and get more information at 207-364-3827, or contact us at info@growrumford.com.

Sunroom on finished side

Street view with view of side yard and parking which go with the property

Back yard, which extends into lot beyond the trees

Another street view