$375,000
Active
3 Days Online
0 Beds4 Baths3,000 SQFT
Active

121 Wilton Road Farmington, ME 04938

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyFranklin
  • Taxes$2,704
  • HOA/Condo/Coop Fees$0
  • Days on Site3 Days
  • MLS StatusActive
  • MLS ID Number1603777
  • Home Size Source N/A
  • Year Built1900
  • Lot Size0.25 Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Style Multi- LevelNew Englander
  • Construction Vinyl Siding
  • Parking 5 - 10 SpacesGravelCommonOn SiteGarage Door OpenerStorage
  • Sewer Public Sewer
  • Electric Circuit Breakers
  • Basement Crawl SpacePartialInterior EntryUnfinished
  • Acreage 0.25
  • Water Public
  • Garage Spaces 2
  • Foundation Pillar/ Post/ PierConcrete Perimeter
  • Zoning Urban

Interior Features

  • Cooling Heat Pump
  • Heating Heat PumpDirect Vent Heater
  • Flooring VinylCarpet
  • Interior 1st Floor BedroomShowerStorage
  • Laundry Features Laundry - 1st FloorMain LevelLaundry - Coin

Exterior Features

  • Roof Metal
  • View Trees/ Woods
  • Waterfront Property No
  • Lot LevelOpen LotSidewalksLandscapedIntownNear Golf CourseNear Public BeachNear ShoppingNear Town

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Monthly Payment (Est.)

$1,837
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