322 Waldo Street, Rumford, ME 04276 (MLS # 1646827)
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Well-maintained brick 7-unit multifamily consisting of seven (7) 3-bedroom apartments, all fully occupied and producing consistent cash flow. The larger unit configuration supports strong tenant demand and long-term rental stability. The property benefits from multiple major capital upgrades, including a new roof in 2023, upgraded electrical and service panels, and an installed fire suppression system, enhancing both safety and operational reliability. A large paved parking lot adds convenience for tenants and further strengthens overall functionality. Currently operating at a 13.2% cap rate, this asset offers an attractive combination of strong in-place income and solid physical fundamentals. Well suited for investors seeking a durable, high-performing multifamily property with minimal deferred maintenance.
| LAST UPDATED | 12/17/2025 | YEAR BUILT | 1920 |
|---|---|---|---|
| COUNTY | Oxford | STATUS | Pending |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Hot Water |
| LOT | 0.28 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 0.28 |
| MLS STATUS | Pending |
| PARKING | Paved, On Site |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 3111 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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