25 Hartford St - Apartments FOR SALE


Rumford, ME 04276
$1,275,000 USD
207-409-8339
25 Hartford St, Rumford, ME for Sale
$1,275,000 USD
Apartments - FOR SALE
1/28
null | 9.26% Cap Rate

25 Hartford St
Rumford, ME 04276


OVERVIEW

Excellent opportunity to purchase this brick Rumford Maine trophy property known as the “Hotel Harris”. Built in 1906 this 26,572 +/- SF mixed use building offers (2) commercial retail units (restaurant + beauty salon) & 36 apartments (22) 1 bedrooms + (14) studios offering upside through raising rents! This western ME gem is home to Black Mountain - 30 minutes to Sunday River - 55 Min to saddleback and hour and half to Portland. Please don’t miss the opportunity to own a historic property in one of the last areas in Maine that still offers lots of upside!

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$48 USD /SF

# OF UNITS

38

PRICE/UNIT

$33,553

CAP RATE

9.26%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel Harris

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1906

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

COMMER

APN/PARCEL ID

RUMF-000117-000000-000287

ASK ABOUT THIS PROPERTY

Thomas GadboisF. O. Bailey Real EstateMore Info
207-409-8339

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Thomas GadboisF. O. Bailey Real EstateMore Info
207-409-8339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.