121 Wilton Road, Farmington, ME, 04938 | $365,000

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!

Features

  • Amenities: 1st Floor Bedroom, Shower, Storage
  • Baths: 4 full
  • Units: 4
  • Laundry: Laundry - 1st Floor, Main Level, Laundry - Coin
  • Style: Multi-Level, New Englander
  • Year Built: 1900
  • Garage: 2-car
  • Heating: Heat Pump, Direct Vent Heater
  • Cooling: Heat Pump
  • Basement: Crawl Space, Partial, Interior Entry, Unfinished
  • Approx Sq. Feet: 3,000
  • Acreage: 0.25
  • Est. Taxes: $2,704
  • Lot Desc: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Trees/Woods
  • MLS#: 1603777
  • Website: https://www.raveis.com
    /prop/1603777/121wiltonroad_farmington_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of Keller Williams Realty

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