325 Waldo St, Rumford, ME 04276

Welcome to 325 Waldo Street in Rumford! This 8-unit investment property features a desirable mix of four 2-bedroom apartments and four 1-bedroom apartments, offering diversified rental income in a convenient in-town location. Tenants enjoy easy access to shopping, restaurants, and everyday amenities just a few blocks away. The property also features front and rear porches, a spacious 2-car garage, and a second-floor storage area above the garage, providing additional utility and storage potential. Generating 89,100 in annual income with reported annual expenses of 22,441, the property produces a net operating income (NOI) of 66,659. A compelling opportunity for investors looking to expand their portfolio with an established multi-unit property in the heart of Rumford.