Rumford
$420,000
318 Waldo Street
mls: 1652596
Bathrooms: 7
Year Built: 1910
Sq Footage: 6,120
Lot Size: 0.14
Taxes: $3,424
Status: Active

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.

Listed by: Elevate Maine Realty

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!

Listed by: Elevate Maine Realty

Above Grade Finished Area
6120.00
Accessibility Features
Appliances
Architectural Style
Other
Basement
Exterior Entry
Bathrooms Full
7
Bathrooms Half
0
Bathrooms Total Integer
7
Below Grade Finished Area
0.00
Body Type
Building Area Total
6120.00
Construction Materials
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Carpet, Vinyl, Wood
Foundation Details
Green Energy Efficient
Heating
Baseboard
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Lot Size Acres
0.1400
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Porch
Pets Allowed
Property Condition
Roof
Composition
Sewer
Public Sewer
Tax Annual Amount
3424.00
Utilities
Water Source
Public
Year Built
1910
Zoning
Res