DylanArmstrong
BEDS0
BATHS8 full
SQUARE FEET2,938
MLS#1686121
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Not Applicable, Walk-Out Access, Finished, Full
Garage: 2
Heating: Oil, Baseboard
Home Style: Other
Lot Size: 0.14 Acres
Roof Type: Pitched, Shingle
Taxes: $2,611
Year Built: 1905
Feature Descriptions
Amenities: Shower, Storage
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Vinyl, Luxury Vinyl, Plank
Foundation: Block, Poured Concrete, Brick/Mortar
Lot: Near Shopping, Neighborhood, Open Lot, Rolling Slope, Near Public Transit
Parking: Paved,1 - 4 Spaces, Detached, Storage
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 2938
SQ FT Below Grade: 0
Water: Public
Listed By / Shown By
Listed By
Agency Name: Fontaine Family-The Real Estate Leader
Agency Phone: 207-784-3800
Shown By
Agent Name: Dylan Armstrong
Agent Phone: (207) 441-6095
Agency Title: Sprague and Curtis Real Estate
Estimate Your Payment
Estimated Payment
$ 1,224.48 per month $890.23 Principal & Interest $217.58 Property Tax $116.67 Homeowner's InsuranceChange Payment Information
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325 Waldo Street | MLS# 1686121
This multi-family property located at 325 Waldo Street , Rumford, ME 04276 is currently listed for sale with an asking price of $400,000. Search Rumford real estate on darmstrong.spragueandcurtis.com today.