Price Reduced 2.67%

$365,000

Est. Mortgage $0/mo *

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Price History

$375,000
9/14/2024

$365,000
11/3/2024

121 Wilton Road, Farmington, ME, 04938

121 Wilton Road, Farmington, ME, 04938
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4 Full baths

1900

Multi-Level, New Englander

3,000 sqft

Investors take notice! 4 Unit apartment building for sale within WALKING distance to downtown Farmington and the University system! This property has ample parking to accommodate tenants, great storage in the form of a garage/barn for personal or tenant storage and coin operated laundry in a common space for the tenants. Recent updates/upgrades include brand new heat pumps in all 4 units in 2024 and a recently updated 2-bedroom apartment (unit 2). This building consists of two, 2-bedroom units and two - 1-bedroom units with two of the units being on the ground level. Expand your current rental/investment portfolio or start with this one! Located in a busy college town, this property has cashflow and would be great passive income for the next buyer! Geographically, this property is about 40 mins from Augusta (Capitol of Maine), 1.5 hours to Portland & Bangor (both have airports) and only 3.5 hours to Boston! Enjoy the quaint downtown setting comprised of local shops and artisans, restaurants, and so much more! Enjoying skiing at the local ski mountain, Titcomb Mountain or drive just an hour to the iconic ski resorts, Sugarloaf USA or Saddleback in Rangeley! You don't want to miss this opportunity!

Status:

Active

Type:

Multi-family

Laundry Remarks:

Laundry - 1st Floor, Main Level, Laundry - Coin

Units:

4

Zoning:

Urban

Frontage:

98

Garage:

2-car

Heating:

Heat Pump, Direct Vent Heater

Cooling:

Heat Pump

Basement:

Crawl Space, Partial, Interior Entry, Unfinished

Parking:

5 - 10 Spaces, Gravel, Common, On Site, Garage Door Opener, Storage

Acreage:

0.25

Est. Taxes:

$2,704

Construction

Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town

View Description:

Trees/Woods

Amenities:

1st Floor Bedroom, Shower, Storage

MLS #:

1603777

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Keller Williams Realty