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318 Waldo Street, 
Rumford, ME 04276

$420,000

—

Bed

7

Baths

6,120

Sq Ft

Multi-Family

Active

Listed by

Tyler Stewart

Keller Williams Realty

Last updated:

January 2, 2026, 06:47 PM

MLS#

1647511

Source:

ME MREIS

About This Home

318 Waldo Street

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 14% 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!

Home Facts

Multi-Family

7 Baths

Built in 1910

Price Summary

420,000

$68 per Sq. Ft.

MLS #:

1647511

Last Updated:

January 2, 2026, 06:47 PM

Rooms & Interior

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

6,120 Sq. Ft.

Structure

Structure

Building Area:

6,120 Sq. Ft.

Year Built:

1910

Lot

Lot Size (Sq. Ft):

6,098

Finances & Disclosures

Finances

Price:

$420,000

Price per Sq. Ft:

$68 per Sq. Ft.

MLS Logo
MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.