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7 Various Addresses, Rumford, ME 04276

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For Sale

$2,225,000

30 baths • 31,818 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $69.93
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Exceptional opportunity to acquire a 7-building, 40-unit portfolio in Rumford, located at 25 Falmouth Street, 48 Essex Avenue, and 209, 313, 318, 322, and 341 Waldo Street. The package consists of one 3-unit, one 5-unit, three 6-unit buildings, and two 7-unit buildings, with a diverse unit mix of (2) four-bedrooms, (22) three-bedrooms, (12) two-bedrooms, and (4) one-bedrooms. All properties are situated within a federally designated Opportunity Zone, offering potential tax advantages for investors. Currently operating at an 11.1% cap rate with only 3 vacancies, this portfolio provides immediate, turnkey cash flow along with long-term upside.
MLS# 1638836

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Asbestos, Vinyl Siding
  • Floor Covering
    Tile, Vinyl, Wood
  • Heating System
    Baseboard, Forced Air
  • Lot Size
    1.19 Acres

Map and Directions

Directions to 7 Various Addresses, Rumford, ME 04276

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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.