341 Waldo Street

Rumford, ME 04276
Baths
6
Square Ft.
4,290
$360,000
Six-unit multifamily offering strong layout, additional utility, and value-add upside. The property features one (1) 3-bedroom unit and five (5) 2-bedroom units, with current rents below market, presenting immediate opportunity for increased returns. In addition to the residential units, the property includes a workshop space currently occupied by the management company, providing added flexibility for future use. With a roof approximately 6 years old, don't miss this compelling investment opportunity with existing income, clear upside, and room to grow.
Market LogoCourtesy of Elevate Maine Realty 207-879-9800
Listing Snapshot
Days Online
5
Last Updated
Full Baths
6
Square Ft.
4,290
Lot Size
0.08 Acres
Year Built
1920
MLS Number
1652597
Additional Details
Basement
Basement: "Full", "Partial", "Exterior Only"
Building
Architectural Style: "Other", Building Area Total: 4,290, Construction Materials: "Asbestos", "Wood Frame", Number Of Units Total: 6, Year Built: 1920
Cooling
Cooling: "None"
Expenses
Operating Expense: $28,750
Floors
Flooring: "Wood", "Vinyl", "Tile"
Heating
Heating: "Hot Water", "Baseboard", Heating Included
Income
Gross Income: $46,032
Lot
Features: "Level", "Intown", 0.08 acres, Area: 0.08, 3,485 square feet
Parking
Features: "1 - 4 Spaces", "Common"
Property
Parcel Number: RUMF-000113-000000-000203, Zoning: Res
Roof
Roof: "Flat"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $2,294, Tax Lot: 203
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04276
$161k
+44%
(avg) sold price
5
+150%
homes sold
106
+60%
(avg) days on market
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Fred Andrews
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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.