Six-Unit Residential Income
For Sale
$360,000
Pending
341 Waldo Street, Rumford, ME 04276
Six-unit multifamily property with one 3-bedroom unit, five 2-bedroom units, plus an on-site workshop space.
Property Size4,290 SF
Days on Market210
Property Features for 341 Waldo Street
General Information
Standard status
Pending
Size
4,290 SF
Property subtype
Multi-Family
Zoning
Res
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$2,294
Amenities
Oil, Baseboard, Hot Water
Exterior Entry, Full, Partial
Tile, Vinyl, Wood
No
Yes
6
6.0
Flat
Common
Asbestos
Building Details
Year Built
1920
Listing Agency:
Keller Williams Realty
Listed By:
Tyler Stewart · License #BA927955
(207) 213-7644
Source:
Compass
Added: Feb 24
Changed: Sep 17
Last Checked: Sep 21 at 12:32PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This six-unit multifamily property includes one 3-bedroom unit and five 2-bedroom units. The building also features an additional workshop space that is currently occupied by the management company, offering flexibility for future use.
The roof is approximately 6 years old. The current rent roll is described as below market, which supports a value-add approach for buyers looking to improve income.
With a mix of unit sizes and existing residential income, the property provides an established operating layout while leaving room for upgrades and performance improvements.
The roof is approximately 6 years old. The current rent roll is described as below market, which supports a value-add approach for buyers looking to improve income.
With a mix of unit sizes and existing residential income, the property provides an established operating layout while leaving room for upgrades and performance improvements.
Key Highlights
- Six‑unit multifamily property built in 1920
- Unit mix: one 3‑bedroom unit and five 2‑bedroom units
- Current rents are below market, creating value‑add potential
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily property with one 3-bedroom unit, five 2-bedroom units, plus an on-site workshop space.
Where is this apartment building located?
The property is located at 341 Waldo Street Rumford, ME.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Six‑unit multifamily property built in 1920; Unit mix: one 3‑bedroom unit and five 2‑bedroom units; Current rents are below market, creating value‑add potential
