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318 Waldo Street, Rumford, ME, 04276 | $420,000
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!
Features
- Baths: 7 full
- Units: 7
- Style: Other
- Year Built: 1910
- Heating: Baseboard
- Cooling: None
- Basement: Dirt Floor, Exterior Only
- Approx Sq. Feet: 6,120
- Acreage: 0.14
- Est. Taxes: $3,038
- Lot Desc: Level, Sidewalks, Intown
- MLS#: 1647511
- Website: https://www.raveis.com
/prop/1647511/318waldostreet_rumford_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
Listing courtesy of Keller Williams Realty
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