$2,225,000

7 Various Addresses Rumford, ME 04276

Estimated payment $13,129/month

-- Bed
30 Baths
31,818 Sq Ft
$70 Price per Sq Ft

Highlights

  • 1.19 Acre Lot
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Forced Air Heating System
  • Asbestos

About This Home

Exceptional opportunity to acquire a 7-building, 40-unit portfolio in Rumford, located at 25 Falmouth Street, 48 Essex Avenue, and 209, 313, 318, 322, and 341 Waldo Street. The package consists of one 3-unit, one 5-unit, three 6-unit buildings, and two 7-unit buildings, with a diverse unit mix of (2) four-bedrooms, (22) three-bedrooms, (12) two-bedrooms, and (4) one-bedrooms. All properties are situated within a federally designated Opportunity Zone, offering potential tax advantages for investors. Currently operating at an 11.1% cap rate with only 3 vacancies, this portfolio provides immediate, turnkey cash flow along with long-term upside.

Listing Agent

Tyler Stewart

Keller Williams Realty Listed on: 09/25/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,985

Year Built

  • Built in 1900

Lot Details

  • 1.19 Acre Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 30 Full Bathrooms
  • 31,818 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot Various
  • Assessor Parcel Number RUMF-000113-000000-000203

Community Details

Overview

  • No Home Owners Association
  • 40 Units

Building Details

  • Operating Expense $213,071
  • Gross Income $460,044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,985

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.19
  • MLS Status: Active
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 31818.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.19
  • Property Information:Total Baths: 30.0
  • Property Information:SqFt Finished Above Grade: 31818.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 40
  • Income Expenses Gross Income: 460044.0
  • Income Expenses Operating Expenses: 213071.33
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Asbestos: Yes
  • Roof:Flat: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Unfinished
  • Full Bathrooms: 30
  • Flooring: Wood, Vinyl, Tile

Exterior Features

  • Lot Features: Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Asbestos, Wood Frame
  • Roof: Flat, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 51836.4
  • Parcel #: RUMF-000113-000000-000203
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 40
  • Annual Gross Income: 460044.0
  • Annual Operating Expense: 213071.33

Tax Info

  • Tax Annual Amount: 15985.12
  • Tax Lot: Various
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2025 09/25/25 For Sale $2,225,000 -- $70 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1638836

Maine Listings
Maine Oxford County Rumford 04276

7 Various Addresses, Rumford, ME

This home is located at 7 Various Addresses, Rumford, ME 04276 and is currently priced at $2,225,000, approximately $69 per square foot. This property was built in 1900. 7 Various Addresses is a home located in Oxford County with nearby schools including Rumford Elementary School, Meroby Elementary School, and Mountain Valley Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing Agent
Tyler Stewart
Section Image
Keller Williams Realty
(207) 579-8296