7 Various Addresses, Rumford, ME 04276

$2,225,000
Property Type: Multi-Family Baths: 30 Square Footage: 31,818 Lot Size (sq. ft.): 51,836 Status: Active
Current Price: $2,225,000 List Date: 9/25/2025 Last Modified: 1/02/2026

Description

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.

Supplements: ********

More Information MLS# 1638836

Location Information

Book: Various Leased Land: No Page: Various Map: Various Lot: Various Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 7 Street Name: Various Addresses County: Oxford Town: Rumford State/Province: ME Zip Code: 04276 Zip +4: 1721 Zoning: Residential Full Tax Amount $: 15985.12 Tax Year: 2025 Geo Lat: 44.551706 Geo Lon: -70.548857

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 40 Deed: Partial Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 1.19 Total Baths: 30 Total Half Baths: 0 SqFt Finished Above Grade: 31818 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: No Total Full Baths: 30 Year Built: 1900 SqFt Finished Total: 31818 Source of Acreage: Public Records

Levels

Multi-Level: 1

Site

Other Site: 1

Location

Near Town: 1

Roads

Public: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Wood Frame: 1

Basement

Unfinished: 1

Exterior

Asbestos: 1 Vinyl Siding: 1

Roof

Flat: 1 Shingle: 1

Heat System

Baseboard: 1 Forced Air: 1

Heat Fuel

Oil: 1 Propane: 1

Income & Expenses

Gross Income: 460044 Operating Expenses: 213071.33

Cooling

None: 1

Floors

Tile: 1 Vinyl: 1 Wood: 1

Units

# of 1 BD Units: 4 # of 2 BD Units: 12 # of 3 BD Units: 22 # of 4+ BD Units: 2

Parking

21+ Spaces: 1

Unit 1

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1250 # Full Baths: 1 # 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

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: First Security Deposit: Yes Monthly Rent: 965 # Full Baths: 1 # 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

Unit 3

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1100 # Full Baths: 1 # 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

Gas

Bottled: 1

Unit 4

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 840 # Full Baths: 1 # 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

Sewer

Public Sewer: 1

Unit 5

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 870 # Full Baths: 1 # 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

Water

Public: 1

Unit 6

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 1579 # Full Baths: 1 # 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

Unit 7

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 4 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 8

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # 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

Unit 9

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 1325 # Full Baths: 1 # of Rooms: 6 # of Bedrooms: 4 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 10

Lease: Yes Level: Basement Security Deposit: Yes Monthly Rent: 800 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 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 11

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1150 # Full Baths: 1 # 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

Unit 12

Lease: No Level: First Security Deposit: No Monthly Rent: 0 # Full Baths: 1 # 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

Unit 13

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1350 # Full Baths: 1 # 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

Unit 14

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # 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

Unit 15

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 975 # Full Baths: 1 # 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

Unit 16

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 1145 # Full Baths: 1 # 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

Unit 17

Lease: Yes Level: Basement Security Deposit: Yes Monthly Rent: 1375 # Full Baths: 1 # 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

Unit 18

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # 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

Driveway

Paved: 1

Unit 19

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1184 # Full Baths: 1 # 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

Unit 20

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1375 # Full Baths: 1 # 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

Unit 21

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1050 # Full Baths: 1 # 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

Unit 22

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1000 # Full Baths: 1 # 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

Unit 23

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 1050 # Full Baths: 1 # 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

Unit 24

Lease: No Level: First Security Deposit: No Monthly Rent: 1254 # Full Baths: 1 # 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

Unit 25

Lease: No Level: First Security Deposit: Yes Monthly Rent: 739 # Full Baths: 1 # 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 26

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 775 # Full Baths: 1 # 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 27

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 900 # Full Baths: 1 # 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 28

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 975 # Full Baths: 1 # 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 29

Lease: No Level: Third Security Deposit: No Monthly Rent: 817 # Full Baths: 1 # 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 30

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1350 # Full Baths: 1 # 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

Basement Entry

Interior: 1

Water Heater

Off Heating System: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 2225000 List Price: $2,225,000 Current Price: $2,225,000

Property Features

Site: Other Site Location: Near Town Roads: Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Unfinished Basement Entry: Interior Exterior: Asbestos; Vinyl Siding Roof: Flat; Shingle Heat System: Baseboard; Forced Air Heat Fuel: Oil; Propane Water Heater: Off Heating System Cooling: None Floors: Tile; Vinyl; Wood Driveway: Paved Parking: 21+ Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Documents

Listing Office: Keller Williams Realty
IDX
Last Updated: January - 02 - 2026
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