c.1900 Historic Rumford Maine Brick Fixer Upper $50K ~ OFF MARKET

104 Somerset St, Rumford, ME 04276    $50,000 OFF MARKET

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OHU50K NOTES

Today we have twin fixer uppers in Rumford, Maine, a historic town in the White Mountains and site of of Pennacook Falls. Rumford has a rich history.

Industrialist Hugh J. Chisholm, recognizing the falls’ potential for the manufacture of paper, began operating the Oxford Paper Company mill in 1893. During this period of prosperity, a significant number of Victorian and Edwardian homes were built. In fact, to avert the slum housing endemic at Lowell Massachusetts, Chisholm commissioned a planned 30-acre company town of duplexes, known as Strathglass Park, built of “brick and stone and slate, and we will provide not merely for a house, but for comfort, elegance and social gratification.”

According to Wikipedia, “With attractive lawns and broad, tree-lined streets, all maintenance was provided by the Oxford Paper Company. Even valet service was included. Tenants paid a rent of $9.00 per month, plus $1.00 per month to the Rumford Falls Power Company, also belonging to Chisholm. But in 1948, the incomplete development was no longer economically viable, and the houses were sold for between $3,400 and $3,900 per duplex.”

The two fixer upper homes featured today are single-family houses built in 1900, most likely for the mill’s higher management.

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REALTOR COMMENTS

This fixer upper house has a distinct architectural appearance and would be an opportunity to own a home of this style. This fixer upper has a large living room, 4 bedrooms, 2 baths and a newer furnace. A nice yard with large off street parking, sidewalks and close to town services and shopping.

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