Courtesy: Allied Realty
207-778-9999
Explore the possibilities of this five-unit complex, currently offered as Airbnb rentals and conveniently located near Farmington and the University of Maine at Farmington. Featuring three two-bedroom units, one three-bedroom unit, and one four-bedroom unit, the property offers a versatile mix of accommodations along the route to Sugarloaf, Saddleback, and the Rangeley Lakes region. A standout feature is the spacious 40-by-30-foot gym, complete with a climbing wall, basketball hoops, and both heating and cooling for year-round enjoyment. A large barn provides ample storage, complemented by a one-car garage and a two-car carport with an additional lean-to. The expansive backyard offers plenty of room for outdoor activities, while the paved driveway provides abundant parking. An appealing opportunity with convenient access to local amenities and western Maine's four-season recreation. Square footage is the total of all buildings/units.
Courtesy: Keller Williams Realty
207-879-9800
Prime investment opportunity in Farmington, ME! This multi-family property currently features 5 units, with potential to expand subject to city approval. One of the units needs some work, the rest are livable condition. High-demand rental location, just minutes from the University of Maine at Farmington (UMF), downtown amenities, and RSU 09 public schools. The property is being sold vacant, allowing you to set your own market rents from day one. Sold strictly "AS IS, WHERE IS," and due to property condition, it will likely NOT qualify for standard FHA financing. A pre-qualification letter or proof of funds is required prior to scheduling a showing.
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: Portside Real Estate Group
207-607-5965
INVESTORS TAKE NOTICE!! PRICE IS SLASHED!! OWNER SAYS BRING ME AN OFFER! 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!
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.
