318 Waldo Street, Rumford, ME 04276 (MLS # 1647511)

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PRICE $420,000
BEDS 0
BATHS 7
HOME SIZE 6,120 sqft
LOT SIZE 6,099 sqft

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!

LAST UPDATED 1/2/2026 YEAR BUILT 1910
COUNTY Oxford STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
BASEMENT Dirt Floor, Yes
CONSTRUCTION Vinyl Siding
HEAT Baseboard
LOT 6098 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 0.14
MLS STATUS Active
PARKING Off Street
SEWER Public Sewer
STORIES 3
STYLE Other
TAXES 3038
WATER Public
Listing provided by Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.

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IDX data provided by Market Leader, courtesy of Maine Listings.

This IDX solution is (c) Diverse Solutions 2026.


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