33-unit multifamily portfolio spanning six buildings in Rumford, located at 25 Falmouth Street, 48 Essex Avenue, and 209, 313, 318, and 341 Waldo Street. The portfolio includes one 3-unit, one 5-unit, three 6-unit, and one 7-unit building, offering a diverse unit mix of 5 one-bedroom, 11 two-bedroom, 15 three-bedroom, and 2 four-bedroom apartments that serve a broad tenant base. Properties are situated within a federally designated Opportunity Zone. This offering provides immediate, turnkey cash flow with stable in-place income and long-term upside potential.
| MLS # | 1652574 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1920 |
| Days On Site | 213 |
| Listing Provided By | Elevate Maine Realty | Tyler Stewart |
| Bath(s) | 30 Total |
|---|---|
| SQ Feet | 31,818 |
| Basement | Y |
| Units | 33 |
| Zoning | Residential |
| Acreage | 1.19 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | No |
| Cooling | None |
| Roof | Flat, Shingle |
|---|---|
| Lot Features | Near Town, Other |
| Construction Materials | Wood Frame, Asbestos, Vinyl Siding |
| Exterior Co Exterior | Asbestos, Vinyl Siding |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Paved, 21+ Spaces |
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
| Tax Annual Amount | 2294 |
|---|---|
| Tax Book Number | Various |
| Tax Year | 2025 |
| Tax Lot | Various |
| Tax Map Number | Various |
| State | ME |
|---|---|
| County | Oxford |
| City | Rumford |
| Zip Code | 04276 |
| Area | Oxford |
| Listing VS Median (in 04276) | |
Price: $1,980,000 low | high Med: $213,900 sqft: 31,818 low | high Med: 1,440 $ / sqft: $62 low | high Med: $149 On site: 213 low | high Med: 78 | |
| State | ME |
|---|---|
| County | Oxford |
| City | Rumford |
| Zip Code | 04276 |
| Area | Oxford |
| Listing VS Median (in 04276) | |
Price: $1,980,000 low | high Med: $213,900 sqft: 31,818 low | high Med: 1,440 $ / sqft: $62 low | high Med: $149 On site: 213 low | high Med: 78 | |