318 Waldo Street, Rumford, ME, 04276
7 Full baths
1910
Other
6,120 sqft
Fully occupied 7-unit multifamily offering strong in-place cash flow and immediate returns. The property consists of six (6) 3-bedroom units and one (1) 1-bedroom unit, a unit mix that supports consistent rental demand and operational efficiency. The building is currently operating at a 14% cap rate, providing attractive income from day one. Lead abatement was also completed in 2025. This turnkey investment with strong fundamentals, proven performance, and minimal deferred maintenance will not last long!
Status:
Active
Type:
Multi-family
Units:
7
Zoning:
Res
Frontage:
60
Heating:
Baseboard
Cooling:
None
Basement:
Dirt Floor, Exterior Only
Parking:
No Driveway, 1 - 4 Spaces, Off Street
Acreage:
0.14
Est. Taxes:
$3,038
Construction
Vinyl Siding, Wood Frame
Lot Description:
Level, Sidewalks, Intown
MLS #:
1647511
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Keller Williams Realty