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Coldwell Banker Realty
325 Waldo St, Rumford, ME 04276
- $400,000
- 8
- BA
- 2,938
- SqFt
Listing courtesy of Fontaine Family-The Real Estate Leader.
- List Price
- $400,000
- MLS#
- 1686121
- Status
- ACTIVE
- Type
- Multifamily
- City
- Rumford
- County
- Oxford
- Bathrooms
- 8
- Living Area
- 2,938
- Lot Size
- 6,098
- Year Built
- 1905
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.
Additional Information
- Living Area
- 2,938
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- None, Walkout, Finished, Full
- Cooling
- None
- Year Built
- 1905
- Acres
- 0.14
- Roof
- Pitched, Shingle
- Foundation
- Block, Poured Concrete, Brick/Mortar
- Style
- Other
- Stories
- 4
- Courtesy Of Listing Office
- Fontaine Family-The Real Estate Leader
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