Excellent investment opportunity in Farmington! This well-maintained 2 unit is ideally located just minutes from the university, making it highly appealing for student rentals. Each unit features two bedrooms, a functional layout, and abundant natural light. The first-floor unit has been completely renovated, including new doors, a new bathroom vanity, a new bathtub and shower surround, new kitchen cabinets and fixtures, and new flooring offering modern appeal and added value. Whether you're looking to owner-occupy while offsetting your mortgage or expand your investment portfolio, this property offers strong and consistent income potential. Situated on a quiet road, the property also includes ample parking--an essential amenity for tenants. Building is currently vacant so easy to show and ready for owner occupied or pick your own tenants. Don't miss this chance to own this great investment!
| MLS # | 1658578 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 164 |
| Listing Provided By | NextHome Experience | Kimberly McPheters |
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 1,428 |
| Basement | Y |
| Units | 2 |
| Zoning | town |
| Acreage | 0.09 |
| Interior Features | 1st Floor Bedroom, Bathtub |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Cooling | None |
| Laundry Features | Laundry - Coin |
| Accessibility Features | 32 - 36 Inch Doors |
| Amenities Co Amenities | 1st Floor Bedroom, Bathtub, Laundry - Coin |
| Roof | Metal |
|---|---|
| Foundation Details | Poured Concrete, Slab, Brick/Mortar |
| Lot Features | Intown, Near Shopping, Corner Lot, Level, Sidewalks |
| Waterfront Features | Nearby |
| Construction Materials | Wood Frame, Clapboard |
| Exterior Co Exterior | Clapboard |
| Patio And Porch Features | Porch |
| Window Features | Double Pane Windows, Low-Emissivity Windows |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Gravel, 1 - 4 Spaces, On Site |
| Sewer | Public Sewer |
|---|---|
| Electric | Circuit Breakers |
| Tax Annual Amount | 1894 |
|---|---|
| Tax Book Number | 4508 |
| Tax Year | 2025 |
| Tax Lot | 003 |
| Tax Map Number | U31 |
| State | ME |
|---|---|
| County | Franklin |
| City | Farmington |
| Zip Code | 04938 |
| Area | Franklin |
| School District | RSU 09 |
| Listing VS Median (in 04938) | |
Price: $189,000 low | high Med: $310,000 sqft: 1,428 low | high Med: 1,153 $ / sqft: $132 low | high Med: $297 On site: 164 low | high Med: 85.5 | |
| State | ME |
|---|---|
| County | Franklin |
| City | Farmington |
| Zip Code | 04938 |
| Area | Franklin |
| School District | RSU 09 |
| Listing VS Median (in 04938) | |
Price: $189,000 low | high Med: $310,000 sqft: 1,428 low | high Med: 1,153 $ / sqft: $132 low | high Med: $297 On site: 164 low | high Med: 85.5 | |