$2,225,000

Est. Mortgage $0/mo *

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7 Various Addresses, Rumford, ME, 04276

7 Various Addresses, Rumford, ME, 04276
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30 Full baths

1900

Other

31,818 sqft

Exceptional opportunity to acquire a 7-building, 40-unit portfolio in Rumford, located at 25 Falmouth Street, 48 Essex Avenue, and 209, 313, 318, 322, and 341 Waldo Street. The package consists of one 3-unit, one 5-unit, three 6-unit buildings, and two 7-unit buildings, with a diverse unit mix of (2) four-bedrooms, (22) three-bedrooms, (12) two-bedrooms, and (4) one-bedrooms. All properties are situated within a federally designated Opportunity Zone, offering potential tax advantages for investors. Currently operating at an 11.1% cap rate with only 3 vacancies, this portfolio provides immediate, turnkey cash flow along with long-term upside.

Status:

Active

Type:

Multi-family

Units:

40

Zoning:

Residential

Heating:

Forced Air, Baseboard

Cooling:

None

Basement:

Interior, Unfinished

Parking:

21+ Spaces, Paved

Acreage:

1.19

Est. Taxes:

$15,985

Construction

Vinyl Siding, Asbestos, Wood Frame

Lot Description:

Near Town

MLS #:

1638836

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Keller Williams Realty