207-778-2755Call Now186 Main St., Farmington, ME

$265,000
MLS#: 1587551
4 Bath
  • Type: Multi-family
  • Lot Size: 0.2 Acres
  • Year Built: 1900
  • Square Feet: 5,460

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Property Details

This charming four-unit brick apartment building located in Rumford boasts strong cash flow, dependable long-term tenants, and abundant character both inside and out. Offering off-street parking for five vehicles and a front entry with a handicap ramp, the property features two spacious units on the main level and two on the second floor, each with its own private entrance. Inside, you'll find solid hardwood floors throughout most of the building, complemented by vinyl and plank flooring in the bathrooms. The kitchens vary slightly in design but all feature floor-to-ceiling cabinetry, washer and dryer hookups, and high ceilings. With large living rooms, dining areas, and three bedrooms per unit, some even offering a pantry and private hallway, the layout is both functional and inviting. Bright and generously sized rooms, most equipped with closets, ensure comfortable living spaces. The basement is cleaned out and in great order and houses a new heating system shared among the units, along with separate CMP meters for each unit and a common account. The property has undergone lead-based paint abatement and had its windows replaced around 2010, while the rubber membrane roof, installed in 2004, remains in great condition. A well-maintained investment opportunity, all apartments are currently leased with deposits, and tenants have been on site for years.

Property Listed by: Deiulio Realty Group Inc.

Home Features

Bathrooms:
4
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
5460
Basement:
Construction:
Year Built:
1900
Roof:
Heating:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.2
Road Surface Type:
Paved
Sewer:
Public Sewer
Zoning:
Residential

Map (approximate)

Realtor MLS

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.