Courtesy: NextHome Experience
207-573-7400
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!
Courtesy: Palmer Realty Group
207-778-4444
AMAZING LOCATION IN THE HEART OF FARMINGTON'S DOWNTOWN VILLAGE DISTRICT!!! This property has been meticulously maintained by the same owners for the past 35 years and offers a strong rental history. The first floor has been home to a physical therapy practice since 1991. The space offers a large reception area and waiting area with a bathroom. There are five exam rooms, a beautiful physical therapy space with plenty of natural light and hardwood floors, a lab space, an administrative office, a therapist office with docking stations and an additional full bathroom with laundry. Parking is not an issue with the paved private driveway leading to the large, paved parking lot. On street parking is also available for patients. The second floor is a spacious, four-bedroom one bath unit with laundry on site as well. The open concept living, dining and kitchen offers ample space for entertaining family and friends. This property is within walking distance of the Downtown Business District, local and state educational facilities, public trail systems and parks and the community center is just across the street. You can't ask for a more convenient location for a property that generates over $34,000 annually in net proceeds with an increase projected for 2026. This can be an owner occupied, multi-use building with a commercial tenant on the first floor. Currently there are tenants on the second floor with a medical practice on the first floor. It would not take much to convert this property back into a full residential home after the current leases expire. COME AND EXPLORE THE POSSIBILITIES!!!
Courtesy: Coldwell Banker Sandy River Realty
207-778-6333
Don't miss this charming duplex located on the banks of the beautiful Sandy River! Great investment opportunity or a great option for owner occupancy! Two spacious units with great rental history plus, enjoy the spacious 3 bay garage on a separate electrical meter, perfect for a hobbyist, mechanics, or anyone in need of ample of storage. Occupants can enjoy the flat, sizable backyard with river access. Both units offer spacious layouts, bonus rooms, large closets, and abundant natural light. Come take a look!
Courtesy: Portside Real Estate Group
207-607-5965
INVESTORS TAKE NOTICE!! Two family property in need of complete rehab. First unit not too bad, second unit in need of complete 'do-over'. Great potential for owner occupied property. Location convenient to all Farmington amenities. Less than one mile from UMF! Current owner says sell!
Courtesy: Meservier & Associates
207-784-2525
Don't miss this great opportunity for investment property in the heart of Farmington. These 5 Multi-Units buildings offer 30 Units and 23 bathrooms between them. They are located near the University of Maine at Farmington and Broadway St, the heart of Farmington where shops and dining are available. Not only do these properties have an amazing location and excellent rental history, they offer 9 single rooms and 21 other units ranging from efficiencies to 1, 2, 3, and even a 4 bedroom! Each tenant has their own assigned parking area in a newly paved and striped parking lot. Don't miss your chance to dive into Farmington's rental business! The details of this one listing are for a representative property and there are four other properties that are included and being sold as a package.
Farmington is located in Maine. Farmington, Maine has a population of 7,424. Farmington is less family-centric than the surrounding county with 22.39% of the households containing married families with children. The county average for households married with children is 24.65%.
The median household income in Farmington, Maine is $44,808. The median household income for the surrounding county is $53,607 compared to the national median of $69,021. The median age of people living in Farmington is 43.8 years.
The average high temperature in July is 78.7 degrees, with an average low temperature in January of 4.2 degrees. The average rainfall is approximately 47.2 inches per year, with 87.3 inches of snow per year.
