Bought with Meservier & Associates
$365,000
$365,000
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121 Wilton RD Farmington, ME 04938
4 Baths
3,000 SqFt
Key Details
Sold Price $365,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,000 sqft
MLS Listing ID 1603777
Style Other,New Englander
Full Baths 4
Year Built 1900
Annual Tax Amount $2,704
Tax Year 2023
Lot Size 10,890 Sqft
Property Description
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!
Location
State ME
County Franklin
Zoning Urban
Interior
Heating Heat Pump, Direct Vent Heater
Cooling Heat Pump
Flooring Vinyl, Carpet
Equipment Internet Access Available
Laundry Laundry - 1st Floor, Main Level, Laundry - Coin
Exterior
Parking Features Storage Above, Auto Door Opener, 5 - 10 Spaces, Gravel, Common, On Site
Garage Spaces 2.0
Utilities Available 1
View Y/N Yes
View Trees/Woods
Roof Type Metal,Pitched
Building
Lot Description Well Landscaped, Open, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town
Foundation Pillar/Post/Pier, Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
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