207-778-2755Call Now272 Morrison Hill Rd, Farmington, ME

$410,000
MLS#: 1627439
8 Bath
  • Type: Multi-family
  • Lot Size: 0.14 Acres
  • Year Built: 1920
  • Square Feet: 6,300

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Property Details

This 8-unit multifamily is a value-add opportunity with real upside—2 units are currently vacant, giving investors a head start on repositioning and boosting rents. The building offers a mix of layouts, solid structure, and separate electric. Located just minutes from downtown and major employers, the property sits in a high-demand rental market with limited inventory and strong tenant interest. Several long-term tenants provide consistent cash flow while you improve the remaining units. Whether you're looking to renovate and raise rents, refinance, or hold for the long game, this property presents a compelling return profile at an approachable price point.

Property Listed by: Keller Williams Realty

Home Features

Bathrooms:
8
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
6300
Basement:
Construction:
Year Built:
1920
Roof:
Heating:
Cooling:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.14
Sewer:
Public Sewer
Zoning:
Unk

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.