Closed

$375,000

325 Waldo Street, Rumford, ME 04276

11beds

4,112sqft

Multi Family

Built in 1905

-- sqft lot

$427,500 Zestimate^®

$91/sqft

$985 Estimated rent

Home value

$427,500

$355,000 - $504,000

$985/mo

Zestimate^® history

Owner options

List your home for rent

$985/mo

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$985/mo

Rent Zestimate^®

Refinance and save

$1,926/mo

Est. payment

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$1,926/mo

Est. payment

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What's special

Renovated 6 Unit Now Expanded to an 8 Unit with 2 brand new units and a detached 2 car garage with a fenced in yard! The building was emptied in 2022 except for one tenant who resides in the building currently...its a great opportunity to rent to whom you wish...there are 4-2 bedroom units, 3-1 bedroom units and 1 efficiency apartment. The building offers a sprinkler system for the bottom 6 units, the garage needs some TLC but could easily create additional income or use as a place to store your supplies. Investing in this property means more than just acquiring a prospering real estate asset. You'll be acquiring a valuable, turnkey investment opportunity that is sure to generate lucrative returns for years to come.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 8
Full bathrooms: 8

Heating

Baseboard, Hot Water

Cooling

None

Features

Flooring: Carpet, Laminate, Vinyl, Wood
Basement: Walk-Out Access,Finished,Full
Has fireplace: No

Interior area

Total structure area: 4,112
Total interior livable area: 4,112 sqft
Finished area above ground: 4,112
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Paved, 1 - 4 Spaces, Off Street, Detached, Storage
Garage spaces: 2

Accessibility

Accessibility features: Level Entry

Features

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

Lot

Size: 6,098 Square Feet
Features: Near Shopping, Neighborhood, Level, Open Lot, Sidewalks

Details

Parcel number: RUMFM113L200
Zoning: None

Construction

Type & style

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

Materials

Wood Frame, Vinyl Siding
Roof: Shingle

Condition

Year built: 1905

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Community

Security: Fire Sprinkler System

Location

Region: Rumford

Financial & listing details

Price per square foot: $91/sqft
Tax assessed value: $139,400
Annual tax amount: $2,087
Date on market: 10/20/2023
Road surface type: Paved

Price history

Date	Event	Price
4/3/2024	Sold	$375,000$91/sqft
Source: Maine Listings #1575393 Report a problem
2/26/2024	Pending sale	$375,000$91/sqft
Source: Maine Listings #1575393 Report a problem
2/8/2024	Contingent	$375,000$91/sqft
Source: Maine Listings #1575393 Report a problem
1/13/2024	Price change	$375,000-6.3%$91/sqft
Source: Maine Listings #1575393 Report a problem
10/20/2023	Listed for sale	$400,000+472.2%$97/sqft
Source: Maine Listings #1575393 Report a problem
3/9/2016	Listing removed	$69,900$17/sqft
Source: Hebert Realty Group #1141267 Report a problem
10/23/2015	Listed for sale	$69,900$17/sqft
Source: Hebert Realty Group #1141267 Report a problem
6/14/2015	Listing removed	$69,900$17/sqft
Source: Hebert Realty Group #1141267 Report a problem
6/20/2014	Listed for sale	$69,900-17.8%$17/sqft
Source: Hebert Realty Group #1141267 Report a problem
5/7/2014	Listing removed	$85,000$21/sqft
Source: The Maine Real Estate Network #1121354 Report a problem
1/30/2014	Listed for sale	$85,000+8391.5%$21/sqft
Source: The Maine Real Estate Network #1121354 Report a problem
6/7/2007	Sold	$1,001
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,317 +11%	$139,400 +48.1%
2023	$2,087	$94,100
2022	$2,087 -1.2%	$94,100
2021	$2,113 -0.7%	$94,100
2020	$2,127 +57.7%	$94,100 +112.8%
2019	$1,349 +2.6%	$44,215
2018	$1,315 +3.1%	$44,215
2017	$1,276 +3.1%	$44,215
2016	$1,238 +2%	$44,215
2015	$1,214 +1.8%	$44,215
2014	$1,192	$44,215