325 Waldo ST, Rumford, ME 04276
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325 Waldo ST, Rumford, ME 04276
325 Waldo ST, Rumford, ME 04276
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Ed Gardner

Ed Gardner

+1(207) 415-4493
Listed by Clayton Larochelle Fontaine Family-The Real Estate Leader
$ 400,000
Est. payment /mo
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325 Waldo ST Rumford, ME 04276

8 Baths

2,938 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,938 sqft

Price per Sqft $136

MLS Listing ID 1686121

Full Baths 8

HOA Y/N No

Year Built 1905

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Source Maine Listings

Land Area 2938

Property Description

Welcome to 325 Waldo Street in Rumford! This 8-unit investment property features a desirable mix of four 2-bedroom apartments and four 1-bedroom apartments, offering diversified rental income in a convenient in-town location. Tenants enjoy easy access to shopping, restaurants, and everyday amenities just a few blocks away. The property also features front and rear porches, a spacious 2-car garage, and a second-floor storage area above the garage, providing additional utility and storage potential. Generating 89,100 in annual income with reported annual expenses of 22,441, the property produces a net operating income (NOI) of 66,659. A compelling opportunity for investors looking to expand their portfolio with an established multi-unit property in the heart of Rumford.

Location

State ME

County Oxford

Zoning None

Direction From US-2 W/River Rd., continue straight onto Main St., continue onto Lincoln Ave., turn left onto Waldo St., property will be on the right.

Rooms

Basement Not Applicable, Walk-Out Access, Finished, Full

Interior

Interior Features Shower, Storage

Heating Oil, Baseboard

Cooling None

Flooring Vinyl, Luxury Vinyl, Plank

Exterior

Parking Features Paved, 1 - 4 Spaces, Detached, Storage

Garage Spaces 2.0

Roof Type Pitched,Shingle

Porch Deck, Porch

Garage Yes

Building

Lot Description Near Shopping, Neighborhood, Open Lot, Rolling Slope, Near Public Transit

Story 4

Foundation Block, Poured Concrete, Brick/Mortar

Water Public

Architectural Style Other

Level or Stories 4

Others

Tax ID RUMF-000113-000000-000200

Maine MLS (MREIS) IDX

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325 Waldo ST

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+1(207) 427-3637
511 Congress St. STE 101, Portland, ME 04101
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