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

$329,000
MLS#: 1639544
2 Bath
  • Type: Multi-family
  • Lot Size: 1.99 Acres
  • Year Built: 1984
  • Square Feet: 4,464

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Property Details

Discover a versatile investment opportunity with 340 Main Road, a multi-use property set on 1.99± acres in the small community of Passadumkeag. This property features two well-maintained apartments and a large, adaptable ground-floor space, offering strong income potential and room for future expansion. Upstairs, you will find a comfortable 1-bedroom unit and a spacious 3-bedroom apartment with an enclosed porch, both with solid rental histories, making this a great option for owner-occupants or investors looking for immediate cash flow. The lower level was previously used as a general store and lunch counter but is now a blank slate, ready to be reimagined. With proper approvals, this space could be converted into additional rental units, a workshop, studio space, or a live/work setup, depending on your vision. Whether you're looking to expand your rental portfolio, start a small business, or create a custom living space, 340 Main Road offers flexibility and value in a rural setting.

Property Listed by: NextHome Experience

Home Features

Bathrooms:
2
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
4464
Basement:
Construction:
Year Built:
1984
Roof:
Heating:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
1.99
Road Surface Type:
Paved
Sewer:
Private Sewer, Septic Design Available, Septic Tank
Zoning:
Res/Commercial

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. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.