240 Waldo StreetRumford, ME 04276MLS Number 1553381

  • Price: $425,000
  • 23 Days on Market
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Federal 30-year interest rate: 6.42% last updated on Mar 23, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276240 Waldo Street Rumford ME 04276
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  • 7,140Square Feet
  • 0.03Acreage
  • 1926Year Built
This is a great investment opportunity in a western Maine mill town. This building has 4-3 bedroom and 2-2 bedroom residential rental units and 1 - retail store front rental. The building currently is vacant with no rental history from the current owners. The 3rd floor units are 90% renovated, the 2nd floor units area 60% renovated including new windows, doors, carpet, paint, interior trim, plumbing, electrical, insulation, boiler and baseboard heat. The renovations have been halted due to a minor setback (small fire in basement) but it would not take much to get the renovations completed and get this investment up and running. Check out the estimated income and expense report and property disclosures #2265
Listed by Rick Nelson of Riverside Realty

Driving Directions

Hearth & Home Realty
Hearth & Home Realty
Office: 207-696-4247
274 Main St
Madison, ME 04950

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More Info

Basic Information

  • Documents Available Property Disclosure Public Access, Lead Paint Addendum Public Access, Deed Public Access, Other Public Access 1
  • Gross Income $107,712
  • Property Uses Other, Retail

Building

  • BasementBrick/Mortar, Full, Unfinished
  • Building ConstructionVinyl Siding, Brick, Masonry, Wood Frame
  • Commercial Bldg Information Ceiling Height 10
  • Commercial Bldg Information Gross Income $107,712
  • Commercial Bldg Information Operating Expenses $18,145
  • Commercial Bldg Information Retail Sq Ft 2,380
  • Commercial Bldg Information Total Units 7
  • FoundationGranite, Concrete Perimeter, Brick/Mortar
  • Garage Spaces
  • Units7
  • Year Built1926

Other

  • Date Listed03/06/2023

Tax Information

  • Tax Book Number 5539
  • Tax Map Number 113
  • Tax Year 2022
  • Taxes$2,617

Location

  • Address240 Waldo Street
  • Building Number240
  • CountyOxford
  • Latitude44.551079
  • Longitude-70.548141
  • StateME
  • StreetWaldo Street
  • TownRumford
  • Zip04276

Exterior

  • Exterior Brick, Vinyl Siding
  • RoofFlat, Membrane

Property Information

  • Acreage0.03
  • Lot Features Near Shopping, Ski Resort
  • Lot Size Square Feet 1,306
  • Lot Size Units Acres
  • Square Feet7,140

Photos

  • Number of Photos38

Parking

  • Parking SpacesOn Street

Basic Information

  • Agent ID019761
  • Broker ID1918
  • Broker NameRiverside Realty
  • List Price$425,000
  • LocationTypeDowntown, Near Shopping, Ski Resort
  • MLS Number1553381
  • Modification Date03/08/2023
  • Property SubTypeMixed Use

Interior

  • Flooring Carpet, Laminate, Wood
  • Interior Features 32 - 36 Inch Doors

Utilities

  • Electric Circuit Breakers
  • Heat SystemBaseboard, Hot Water, Zoned, Oil
  • Heating FuelOil
  • Heating YN Yes
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Mls StatusActive
  • Other AmenitiesBasement, Fireplace

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