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Multifamily Property with Garage
For Sale
$450,000

423 Waldo Street Unit 6, Rumford, ME 04276

Residentially zoned property with updated systems, paved parking, and an attached garage.

Property Size2,072 SF
Price / SF$217.18
Days on Market543

Property Features for 423 Waldo Street Unit 6

General Information

Standard status Active
Size 2,072 SF
Total Parking Spaces 1
Property subtype Multi-Family
Zoning Residential

Taxes and HOA fees

Annual Taxes $3,090

Amenities

Baseboard
Interior, Brick/Mortar, Full
Laminate
No
Yes
Concrete Perimeter, Brick/Mortar
6.00
6
Flat, Other
Vinyl Siding, Wood Frame

Building Details

Year Built 1915
Units 6
Listing Agency: Cassie Mason Real Estate
Listed By: Lindsay Gagnon
Source: Compass
Added: Mar 6, 2025 Changed: Aug 30 Last Checked: Aug 30 at 9:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cassie Mason Real Estate

Investment Insights

Based on property information with market context.

This multifamily property at 423 Waldo Street, Unit 6, offers a residentially zoned asset with updated systems, paved parking, and a garage. The building dates to 1915 and features a wood-frame structure with vinyl siding and baseboard heating.

Located in Rumford, the property is within walking distance of local destinations and everyday amenities. The combination of multifamily classification, residential zoning, on-site paved parking, and garage space provides a straightforward configuration for an investor seeking an income-producing property.

Key Highlights

  • Multifamily property at 423 Waldo Street, Unit 6, in Rumford, ME
  • Residential zoning
  • Updated systems

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Spa & Massage Center Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 04276, ME

5,858
Population
3,584
Households
1.6
Avg Household Size
48
Median Age
19%
College-Educated
90%
High-School Grad
68.6 sq mi
ZIP Area
85
Density / Sq Mi
$39,522
Median Household Income
$31,654
Median Earnings
$638
Median Rent
$119,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residentially zoned property with updated systems, paved parking, and an attached garage.
Where is this multifamily property located?
The property is located at 423 Waldo Street Unit 6 Rumford, ME.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Multifamily property at 423 Waldo Street, Unit 6, in Rumford, ME; Residential zoning; Updated systems
More about this property
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