Updated Triplex with Off-Street
For Sale
$199,000
551 Waldo St, Rumford, ME 04276
Three residential units offer a varied bedroom mix with tenant-paid electric.
Property Size2,340 SF
Price / SF$85.04
Days on Market43
Property Features for 551 Waldo St
General Information
Standard status
Active
Size
2,340 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR, 1 x 3BR
Multifamily Units
3
Building Details
Year Built
1900
Listing Agency:
Keller Williams Realty
(774) 229-6915
Listed By:
Brandon Burns
Source:
Soldbymichaelthomas
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 30 at 8:59PM
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 2,340-square-foot triplex contains three residential units: two apartments with two bedrooms each and one three-bedroom apartment located on the first floor. All three units were updated during the current ownership period, providing a refreshed configuration for a multifamily buyer. Off-street parking is included.
The property sits near shopping in Rumford, Maine. Residents pay their own electric service, separating that utility responsibility from ownership. Built in 1900, the building combines an established residential structure with updated unit interiors and a three-unit layout.
The property sits near shopping in Rumford, Maine. Residents pay their own electric service, separating that utility responsibility from ownership. Built in 1900, the building combines an established residential structure with updated unit interiors and a three-unit layout.
Key Highlights
- Three‑unit multifamily property with two 2‑bedroom units and one 3‑bedroom unit
- All 3 units updated during current ownership
- 2,340 square feet of property size
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
295
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer a varied bedroom mix with tenant-paid electric.
Where is this triplex located?
The property is located at 551 Waldo St Rumford, ME.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Three‑unit multifamily property with two 2‑bedroom units and one 3‑bedroom unit; All 3 units updated during current ownership; 2,340 square feet of property size
