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Listed by Tyler Stewart Elevate Maine Realty
$1,980,000
Est. payment /mo
30 Baths
31,818 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 31,818 sqft
Price per Sqft $62
MLS Listing ID 1652574
Full Baths 30
HOA Y/N No
Year Built 1920
Tax Year 2025
Lot Size 1.190 Acres
Acres 1.19
Source Maine Listings
Land Area 31818
Property Description
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.
Location
State ME
County Oxford
Zoning Residential
Rooms
Basement Interior Entry, Unfinished
Interior
Heating Oil, Propane, Baseboard, Forced Air
Cooling None
Flooring Tile, Vinyl, Wood
Exterior
Parking Features Paved, 21+ Spaces
Roof Type Flat,Shingle
Garage No
Building
Lot Description Near Town, Other
Entry Level Multi-Level
Water Public
Architectural Style Other
Others
Tax ID RUMF-000113-000000-000203
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