318 Waldo St

Rumford, ME 04276
  • $420,000

    Price
  • 0

    Bed
  • 7

    Bath
  • 6,120

    SqFt

About the Listing 1898 - 022093

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!

Listing Highlights

Status Active
Days on Site 24
Property Type Multi-Family
MLS ® 1647511
Year Built 1910
Total Square Footage 6,120
Lot/Acreage 0.14
County Oxford

Interior Details

  • Bedrooms: 0
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 6120
  • Below Ground Sq Ft: 0
  • Basement: Dirt Floor,Exterior Only
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Level,Sidewalks,Intown
  • Garage Capacity: N/A
  • Zoning: Res
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer
  • Parking Features: No Driveway,1 - 4 Spaces,Off Street

Financial Details

  • Tax Amount: $3,038
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

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Questions About..

318 Waldo St Rumford, ME 04276

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Originating MLS: Maine Listings

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