33-unit multifamily portfolio spanning six buildings in Rumford, located at 25 Falmouth Street, 48 Essex Avenue, and 209, 313, 318, and 341 Waldo Street. The portfolio includes one 3-unit, one 5-unit, three 6-unit, and one 7-unit building, offering a diverse unit mix of 5 one-bedroom, 11 two-bedroom, 15 three-bedroom, and 2 four-bedroom apartments that serve a broad tenant base. Properties are situated within a federally designated Opportunity Zone. This offering provides immediate, turnkey cash flow with stable in-place income and long-term upside potential.
Courtesy of Elevate Maine Realty 207-203-9022
Listing Snapshot
Days Online
58
Last Updated
Full Baths
30
Square Ft.
31,818
Lot Size
1.19 Acres
Year Built
1920
MLS Number
1652574
Additional Details
Basement
Basement: "Interior", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 31,818, Construction Materials: "Vinyl Siding", "Asbestos", "Wood Frame", Number Of Units Total: 33, Year Built: 1920
Cooling
Cooling: "None"
Expenses
Operating Expense: $176,665
Floors
Flooring: "Wood", "Vinyl", "Tile"
Heating
Heating: "Forced Air", "Baseboard", Heating Included
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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