341 Waldo Street, Rumford, ME 04276

$360,000
Property Type: Multi-Family Baths: 6 Square Footage: 4,290 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $360,000 List Date: 2/24/2026 Last Modified: 3/18/2026

Overview

Description

Six-unit multifamily offering strong layout, additional utility, and value-add upside. The property features one (1) 3-bedroom unit and five (5) 2-bedroom units, with current rents below market, presenting immediate opportunity for increased returns. In addition to the residential units, the property includes a workshop space currently occupied by the management company, providing added flexibility for future use. With a roof approximately 6 years old, don't miss this compelling investment opportunity with existing income, clear upside, and room to grow.

Listing Details MLS# 1652597

Location Information

Street #
341
Street Name
Waldo
Street Type
Street
County
Oxford
Town
Rumford
State/Province
ME
Zip Code
04276
Zip +4
1721
Leased Land
No
Book
5585
Page
359
Map
113
Lot
203
Zoning
Res
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
2294
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
360000

Property Information

Surveyed
No
Seasonal
No
Deed
Partial
Number of Units
6
Total Baths
6
Total Full Baths
6
Year Built
1920
SqFt Finished Above Grade
4290
SqFt Finished Total
4290
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.08
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0
Garage Spaces
0

Water Info

Water Frontage
No
Water View
No

Units

# of 2 BD Units
5
# of 3 BD Units
Yes

Unit 1

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1254
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

More Information

Unit 2

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
790
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
No
Level
Second
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes
Monthly Rent
0

Unit 4

Lease
No
Level
Second
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes
Monthly Rent
0
Sewer
Yes

Unit 5

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
975
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 6

Lease
No
Level
Third
Security Deposit
Yes
Monthly Rent
817
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Levels

Multi-Level
Yes

Site

Level
Yes

Location

Intown
Yes

Roads

Public
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Basement

Full
Yes
Partial
Yes

Exterior

Asbestos
Yes

Roof

Flat
Yes

Heat System

Baseboard
Yes
Hot Water
Yes

Heat Fuel

Oil
Yes

Income & Expenses

Gross Income
46032
Operating Expenses
28749.9

Cooling

None
Yes

Floors

Tile
Yes
Vinyl
Yes
Wood
Yes

Parking

1 - 4 Spaces
Yes

Electric

Circuit Breakers
Yes

Gas

No Gas
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Common
Yes

Basement Entry

Exterior Only
Yes

Water Heater

Electric
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level Location: Intown Roads: Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full; Partial Basement Entry: Exterior Only Exterior: Asbestos Roof: Flat Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Electric Cooling: None Floors: Tile; Vinyl; Wood Driveway: Common Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

Documents

Listing Office: Elevate Maine Realty
IDX
Last Updated: March - 18 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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