7 Various Addresses, Rumford, ME 04276
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
7 Various Addresses,Rumford, ME 04276
$2,225,000
- - Beds
- 30 Baths
- 31,818 sq. ft.
- Multi-family
- Active
Listed by: tyler stewart
Office: keller williams realty
MLS#:1638836
Source:ME_MREIS
Price summary
- Price:$2,225,000
- Price per sq. ft.:$69.93
About this home
Exceptional opportunity to acquire a 7-building, 40-unit portfolio in Rumford, located at 25 Falmouth Street, 48 Essex Avenue, and 209, 313, 318, 322, and 341 Waldo Street. The package consists of one 3-unit, one 5-unit, three 6-unit buildings, and two 7-unit buildings, with a diverse unit mix of (2) four-bedrooms, (22) three-bedrooms, (12) two-bedrooms, and (4) one-bedrooms. All properties are situated within a federally designated Opportunity Zone, offering potential tax advantages for investors. Currently operating at an 11.1% cap rate with only 3 vacancies, this portfolio provides immediate, turnkey cash flow along with long-term upside.
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Home facts
- Year built:1900
- Listing ID #:1638836
- Updated:December 17, 2025 at 08:04 PM
Rooms and interior
- Total bathrooms:30
- Full bathrooms:30
- Living area:31,818 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Year built:1900
- Building area:31,818 sq. ft.
- Lot area:1.19 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,225,000
- Price per sq. ft.:$69.93
- Tax amount:$15,985 (2025)
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