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    7 Various Addresses Rumford, ME 04276

    For Sale
    $2,225,000

    MULTI_FAMILY - Rumford, ME

    Property size:
    31,818 SF
    Lot size:
    1.19 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 7 Various Addresses

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Bathroom 17, Bathroom 8, Bathroom 24, Bathroom 29, Bathroom 10, Bathroom 6, Bathroom 28, Bathroom 15, Bathroom 19, Bathroom 1, Bathroom 7, Basement, Bathroom 30, Bathroom 5, Bathroom 9, Bathroom 27, Bathroom 25, Bathroom 21, Bathroom 18, Bathroom 14, Bathroom 20, Bathroom 22, Bathroom 16, Bathroom 4, Bathroom 26, Bathroom 3, Bathroom 12, Bathroom 2, Bathroom 11, Bathroom 13, Bathroom 23
    Basement
    Unfinished
    Size
    31,818 SF
    Lot size
    1.19 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    40
    Flooring type
    Wood, Tile, Vinyl
    Building materials
    Vinyl Siding, Asbestos, Wood Frame
    Roof type
    Shingle, Flat

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Tyler Stewart (207) 879-9800

    Listing date Oct 24, 2025

    MLS# 1638836 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rumford Multifamily Investment Opportunity

    This portfolio includes seven buildings with a total of 40 units located in Rumford, Maine. The properties are situated at 25 Falmouth Street, 48 Essex Avenue, and 209, 313, 318, 322, and 341 Waldo Street. The unit mix consists of two four-bedroom units, 22 three-bedroom units, 12 two-bedroom units, and four one-bedroom units. The buildings include one 3-unit building, one 5-unit building, three 6-unit buildings, and two 7-unit buildings. The properties are located within a federally designated Opportunity Zone, potentially offering tax advantages for investors. The portfolio is currently operating at an 11.1% cap rate with three vacancies. The total property size is 31818 square feet, situated on a 1.19-acre lot. The zoning is residential, making it suitable for multifamily and residential income properties.
    Location Intelligence

    Current Use by Public Records

    Opportunity zone commercial ...

    Map

    City
    Rumford
    County
    Oxford
    State
    Maine
    Longitude
    -70.548857
    Latitude
    44.551706

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    FAQs

    What type of property is this?
    Apartment building - Seven-building, 40-unit portfolio in Rumford, Maine, with immediate cash flow.
    Where is this apartment building located?
    The property is located at 7 Various Addresses Rumford, ME.
    What is the asking price?
    The asking price for this property is $2,225,000.
    What are key features of this property?
    This property features: - High Cap Rate: Portfolio operating at an impressive 11.1% cap rate, offering immediate cash flow.; - Opportunity Zone: Benefit from potential tax advantages as the property is located within a federally designated Opportunity Zone.; - Substantial Portfolio: Acquire a 7-building portfolio consisting of 40 units.
    (207) 879-9800
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    7 Various Addresses Rumford, ME 04276
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Various Addresses Rumford, ME 04276
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