288 Farmington Falls Road, Farmington, ME 04938 (MLS# 1583409)

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288 Farmington Falls Road, Farmington, ME 04938

$265,000
Property Type: Multi-Family Baths: 4 Square Footage: 3,240 Lot Size (sq. ft.): 20,909 Status: Active
Current Price: $265,000 List Date: 3/04/2024 Last Modified: 5/01/2024

Description

You need to check out this 4 unit apartment building. 3 units are already earning income, the fourth could be your new abode or find another great tenant! Plenty of off street parking. Major road access on Farmington Falls Rd (Rt. 2&27) which is one of our main routes through the Western Maine Mountain gateway! Easy commute back to Waterville or Skowhegan or follow south to Lewiston/Auburn. Farmington is the service center for Franklin County offering a wide array of conveniences, activities and enjoyment. Call today to see this property...it won't last long!

Supplements: ********

More Information MLS# 1583409

Location Information

Street #: 288 Street Name: Farmington Falls Street Type: Road County: Franklin Town: Farmington State/Province: ME Zip Code: 04938 Zip +4: 6455 Leased Land: No Book: 3665 Page: 22 Map: U6 Lot: 7 Zoning: per town Zoning Overlay: No Association: No School District: RSU 09 Full Tax Amount $: 3098 Tax Year: 2023 Geo Lat: 44.65509 Geo Lon: -70.135199

Contract Information

Status: Active Original List Price: 265000 List Price: $265,000 Current Price: $265,000

Property Information

Surveyed: No Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: Partial Bank Owned REO: No Number of Units: 4 Total Baths: 4 Total Full Baths: 4 Color: White Year Built: 1900 SqFt Finished Above Grade: 3240 SqFt Finished Total: 3240 SqFt Source: Public Records Garage: No Lot Size Acres +/-: 0.48 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 107 Source of Road Frontage: Public Records

Compensation & Misc Info

Buyer Agency: 2 Buyer Agency Type: %

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 2 # Floors: 2 # Heating Units: 3 # Water Heaters: 4

Income & Expenses

Gross Income: 50400 Operating Expenses: 17302

Units

# of 1 BD Units: 2 # of 2 BD Units: 2

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 750 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: Second Security Deposit: No Monthly Rent: 900 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: No Level: First Security Deposit: No Monthly Rent: 1350 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: No Range: Yes Refrigerator: Yes Water: No

Utilities

Utilities On: Yes

Property Features

Site: Level; Open Location: Near Shopping; Near Town Roads: Paved; Public Transportation: Major Road Access Style: Multi-Level; New Englander Construction: Wood Frame Basement: Full Basement Entry: Interior Foundation Materials: Stone Exterior: Wood Siding Roof: Metal Heat System: Baseboard; Direct Vent Heater; Forced Air Heat Fuel: Oil; Propane Water Heater: Electric Cooling: None Floors: Carpet; Laminate; Vinyl Amenities: 1st Floor Bedroom; Bathtub; One-Floor Living; Shower Patio and Porch Features: Deck; Porch Equipment: Cable; Internet Access Available Energy Efficiency: Double Pane Windows; High Efficiency Water Heater Driveway: Common; Gravel Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: County Seat Realty
Last Updated: May - 01 - 2024
288 Farmington Falls Road, Farmington, ME 04938- MLS# 1583409
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