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Listed by Elevate Maine Realty

$420,000

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7 Baths

6,120 SqFt

Exclusive Listing

Pending

318 Waldo ST Rumford, ME 04276

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Elevate Maine Realty

info@elevatemaine.com +1(207) 331-4565

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Key Details

Property Type Multi-Family

Listing Status Pending

Square Footage 6,120 sqft

MLS Listing ID 1652596

Style Other

Full Baths 7

HOA Y/N No

Abv Grd Liv Area 6,120

Year Built 1910

Annual Tax Amount $3,424

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Source Maine Listings

Land Area 6120

Property Description

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 13% 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!

Location

State ME

County Oxford

Zoning Res

Rooms

Basement Dirt Floor, Exterior Only

Interior

Heating Baseboard

Cooling None

Flooring Wood, Vinyl, Carpet

Exterior

Parking Features No Driveway, 1 - 4 Spaces, Off Street

Utilities Available 1

View Y/N No

Roof Type Composition

Street Surface Paved

Porch Porch

Garage No

Building

Lot Description Level, Sidewalks, Intown

Story 3

Foundation Stone, Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Restrictions Unknown

Energy Description Oil

Nearby Locations

Please Contact Me For More Information.

+1(207) 331-4565

info@elevatemaine.com

211 US-1, Falmouth, ME, 04105-1301, USA