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318 Waldo Street, Rumford, ME 04276

Local realty services provided by:CENTURY 21 Barbara Patterson
318 Waldo Street,Rumford, ME 04276
$420,000
  • - Beds
  • 7 Baths
  • 6,120 sq. ft.
  • Multi-family
  • Active
Listed by: tyler stewart
Office: keller williams realty
MLS#:1647511
Source:ME_MREIS

Price summary

  • Price:$420,000
  • Price per sq. ft.:$68.63

About this home

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!

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Home facts

  • Year built:1910
  • Listing ID #:1647511
  • Updated:January 02, 2026 at 06:47 PM

Rooms and interior

  • Total bathrooms:7
  • Full bathrooms:7
  • Living area:6,120 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1910
  • Building area:6,120 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$420,000
  • Price per sq. ft.:$68.63
  • Tax amount:$3,038 (2024)
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