c.1880 Maine Duplex For Sale $55K
$55,000
This two-unit Maine duplex presents a premier opportunity for investors or ambitious homeowners to create significant equity through a personalized restoration. One unit serves as an approachable project, requiring only light cosmetic TLC to be brought back to its full potential.
In contrast, the second unit is a blank-canvas “full gut” renovation, offering a total transformation opportunity for those looking to maximize property value. Whether you are looking to build a high-performing rental portfolio or a custom owner-occupied estate, this property is primed for a visionary to execute a complete, value-add overhaul.
Being sold as is, this property is a prime opportunity for sweat equity, and a fix and flip project. Don’t miss your chance to unlock its full potential!
- bath
- Circa 1880
536 Prospect Avenue #534 & 536, Rumford, ME 04276
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Crystal Corcoran
Pros of Living in Maine
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Exceptional Safety: Maine consistently ranks as one of the safest states in the U.S. As of 2026, crime rates remain significantly below the national average, making it a premier choice for families and retirees.
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Outdoor Lifestyle & Recreation: The state’s outdoor economy hit a record $3.9 billion in value recently.Residents have unparalleled access to 3,500 miles of coastline, 6,000 lakes, and world-class skiing at resorts like Sugarloaf.
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Strong Sense of Community: Maine is known for a slower pace of life and tight-knit “small-town” values.Communities like Yarmouth and Falmouth are frequently cited for their high-quality education and high levels of local engagement.
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Environmental Quality: Maine boasts some of the cleanest air and water in the country, with 17 million acres of forestland providing a “nature-first” living environment.
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Culinary & Arts Scene: Portland continues to be a nationally recognized “foodie” capital. The state also has a thriving craft brewery scene (over 150 breweries) and a deep-rooted tradition in the arts.
Cons of Living in Maine
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High Cost of Living & Taxes: The overall cost of living is roughly 12% above the national average. Property taxes are particularly steep, ranking among the highest in New England (effective rate of approximately 1.24%).
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Challenging Climate: Winters are long and harsh, characterized by heavy snowfall and freezing temperatures.High heating costs (often using oil or propane) are a major hidden expense for residents.
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Tight Housing Market: Despite a record production pipeline for 2026, inventory remains low. The average home value has climbed to nearly $397,000, with many desirable coastal homes selling well above that.
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Limited High-Growth Job Market: The economy is heavily reliant on tourism, healthcare, and traditional industries (fishing/forestry). Opportunities in high-tech or corporate sectors are concentrated almost exclusively in the Greater Portland area.
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Rural Connectivity Issues: While Southern Maine is well-connected, rural “Upstate” areas often deal with spotty high-speed internet and limited access to specialized healthcare and shopping
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