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Multi-Family for Sale: 5 Knox Street, Rumford, ME 04276 SOLD

3 full baths
$158,250
$158,250
5 Knox Street, Rumford, ME 04276 SOLD
3 full baths
$158,250
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Selling Price: $158,250
Original List Price: $215,000
Sold at 73.6% of list price
Sold Date: 05/22/2024

Type Multi-Family
Style Victorian
Total Baths 3 full baths
Square Feet 3,510 sqft
Lot Size 0.11 acres
Year Built 1905
Taxes Paid $2,706

City Rumford
County Oxford

MLS 1579886
Status Closed
DOM 139 days
In a market with few options, we proudly present an ideal opportunity to own two 3-family homes in a great part of town. 5 Knox St. offered at $215K & 9 Knox St. (MLS # 1579887) offered at $225K are both available to add to, or start your rental portfolio. Although each home is separately deeded, the owners would like to sell these two homes together. Handsomely situated next to one another with ample off street parking, these homes offer a boatload of opportunity. 5 Knox Street is a beautiful Victorian home that offers 7 bedrooms & 3 bathrooms. 9 Knox Street is a brick colonial offering 7 bedrooms & 3 bathrooms. Both properties have benefited from upgrades over the years - some of which include electrical panels, Buderus boilers, hot water heaters, and many windows. Both homes have roofs that are 6 years old or less. These are clean, well maintained units with solid rent histories, and very little vacancy during the current ownership. There is spacious clean/dry storage in the basements. These two buildings are solid. Additional photos to come, and 24-48 hours will be needed to coordinate showings. Interest rates are falling, and rents are increasing. For those who may be considering owner occupancy, the Rumford area is known as the ''gateway to the Western Maine Mountains.'' It is a great place to be for an outdoor enthusiast - Sunday River is half an hour away, as are state parks, conservation land, and plenty of opportunities for hiking, kayaking, snowmobiling, and more! Reach out for your private showing today. 5 Knox Street and 9 Knox Street are also entered as a package under MLS # 1579888.

Room Features

Basement Description Full, Interior Entry

Lot & Building Features

Cooling None
Tax Year 2024
Taxes Paid $2,706

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 2
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 5
Unit 3 Full Baths 1
Unit 3 of Bedrooms 2
Unit 3 of Rooms 4

Price History of 5 Knox Street, Rumford, ME

Date Name Price Difference
04/11/2024 Price Adjustment $158,250 20.48%
03/24/2024 Price Adjustment $199,000 7.44%
01/04/2024 Listing Price $215,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 5 Knox Street, Rumford, ME

Location Map Street View
Listed by Coldwell Banker Realty, Jason Clark 207-967-9900
Sold by Dan Anderson Real Estate, Inc., Bonnie Kent 207-878-3206
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1.7099526066351%
6.75%
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Realty

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. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.