$1,800,000
Don't miss this great opportunity for investment property in the heart of Farmington. These 5 Multi-Units are near both the University of Maine at Farmington and Broadway St, the heart of Farmington where shops and dining are available. Not only do these properties have an amazing location and excellent rental history, they offer 9 single rooms and 21 other units ranging from efficiencies to 1, 2, 3, and even a 4 bedroom! Each tenant has their own assigned parking area in a newly paved and striped parking lot. Don't miss your chance to dive into Farmington's rental business! The details of this one listing are for a representative property and there are four other properties that are included and being sold as a package.

Listing Snapshot
Days Online
518
Last Updated
Full Baths
4
Square Ft.
2,976
Lot Size
0.13 Acres
Year Built
1850
MLS Number
1583066
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Full", "Bulkhead"
Building
Architectural Style: "Other", Building Area Total: 2,976, Construction Materials: "Wood Siding", "Wood Frame", Number Of Units Total: 5, Year Built: 1850
Cooling
Cooling: "None"
Expenses
Operating Expense: $115,424
Floors
Flooring: "Vinyl", "Laminate", "Carpet"
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Baseboard", Heating Included
Income
Gross Income: $231,630
Lot
Features: "Level", "Sidewalks", "Intown", "Near Shopping", 0.13 acres, Area: 0.13, 5,663 square feet
Parking
Features: "1 - 4 Spaces", "Paved"
Property
Parcel Number: 129perhamstfamingtonme04938, Zoning: Village Residential
Roof
Roof: "Metal"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $5,513, Tax Lot: 5
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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30 Days Snapshot Of 04938
$268k
-1%
(avg) sold price
14
+100%
homes sold
56
+69%
(avg) days on market
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Fred Andrews
Designated Broker | CEO

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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.

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