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

$2,200,000
MLS#: 1640973
  • Type: Commercial
  • Lot Size: 0.53 Acres
  • Year Built: 1900

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Property Details

Unlock the potential of this Commercial property Renovations have started but aren't completed on this 11-unit apartment building property in the heart of Newport. Perfect for investors looking for an opportunity with much of the major work already done. Key Features & Improvements: New roof, windows, and electrical entrances. Upgraded electrical systems. New boiler and substantial plumbing work completed. Sprinkler system already installed. Generous off-street parking. With most of the major infrastructure already in place, this property is primed for the finishing touches. The first floor could be completed and could be rented out quickly to begin generating income while finishing the remaining units. Endless Potential: Five units with 1- bed/1 bath, 5- 2 bed/ 1 bath and 1 -3 bed/ 2 bath. Don't miss this chance to capitalize on a project with strong bones and serious potential.

Property Listed by: Better Homes & Gardens Real Estate/The Masiello Group

Home Features

Bathrooms:
0
Basement:
Construction:
Year Built:
1900
Roof:
Stories:
3
Heating:
Cooling:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.53
Sewer:
Public Sewer
Zoning:
Village 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.