Pending

$420,000

318 Waldo Street, Rumford, ME 04276

19beds

6,120sqft

Get pre-qualified

Multi Family

Built in 1910

-- sqft lot

$-- Zestimate^®

$69/sqft

$-- HOA

What's special

Fully occupied 7-unit multifamily offering strong in-place cash flow and immediate returns. The property consists of six (6) 3-bedroom units and one (1) 1-bedroom unit, a unit mix that supports consistent rental demand and operational efficiency. The building is currently operating at a 13% cap rate, providing attractive income from day one. Lead abatement was also completed in 2025. This turnkey investment with strong fundamentals, proven performance, and minimal deferred maintenance will not last long!

144 days

9

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 19
Bathrooms: 7
Full bathrooms: 7

Heating

Baseboard

Cooling

None

Features

Flooring: Carpet, Vinyl, Wood
Basement: Exterior Entry,Dirt Floor

Interior area

Total structure area: 6,120
Total interior livable area: 6,120 sqft
Finished area above ground: 6,120
Finished area below ground: 0

Property

Parking

Parking features: No Driveway, 1 - 4 Spaces, Off Street

Features

Levels: Multi/Split
Stories: 3
Patio & porch: Porch

Lot

Size: 6,098 Square Feet
Features: City Lot, Level, Sidewalks

Details

Parcel number: RUMFM113L235
Zoning: Res

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Foundation: Stone, Poured Concrete
Roof: Composition

Condition

Year built: 1910

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Rumford

Financial & listing details

Price per square foot: $69/sqft
Tax assessed value: $182,800
Annual tax amount: $3,424
Date on market: 4/22/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/28/2026	Pending sale	$420,000$69/sqft
Source: Maine Listings #1652596 Report a problem
4/22/2026	Listed for sale	$420,000$69/sqft
Source: Maine Listings #1652596 Report a problem
3/24/2026	Pending sale	$420,000$69/sqft
Source: Maine Listings #1652596 Report a problem
2/24/2026	Listed for sale	$420,000$69/sqft
Source: Maine Listings #1652596 Report a problem
2/20/2026	Listing removed	$420,000$69/sqft
Source: Maine Listings #1647511 Report a problem
1/2/2026	Listed for sale	$420,000$69/sqft
Source: Maine Listings #1647511 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,038 +4.9%	$182,800 +40%
2023	$2,897	$130,600
2022	$2,897 -1.2%	$130,600
2021	$2,932 -0.7%	$130,600
2020	$2,952 +88.5%	$130,600 +154.3%
2019	$1,566 +2.5%	$51,360
2018	$1,528 +3.1%	$51,360
2017	$1,482 +3.1%	$51,360
2016	$1,438 +2%	$51,360
2015	$1,410 +1.9%	$51,360
2014	$1,384	$51,360

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified