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

$389,000
MLS#: 1644932
2 Bath
  • Type: Multi-family
  • Lot Size: 0.1 Acres
  • Year Built: 1915
  • Square Feet: 1,652

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Property Details

Turnkey Two Unit Opportunity in the Heart of Springvale Extensive renovations include a new roof, all new windows, and a new oil tank (2022). The kitchen and bathroom in the downstairs 2-bedroom unit were renovated in 2023, and the kitchen and bathroom in the upstairs 3-bedroom unit were renovated in 2025. The water heater in Unit B was replaced in December 2025, and the front steps/deck were replaced in the summer of 2025. Additionally, the upstairs unit has been completely repainted, and new lighting has been installed. Tenants pay their own electric, trash, internet, and lawn maintenance, keeping operating expenses low. The property currently produces $44,712 in annual rent, with a Net Operating Income of $34,304 and an 8.7% CAP rate. With quality renovations, solid income, and strong rental potential, 6 Harris Street presents an excellent opportunity for investors seeking a well cared for property in a desirable Springvale location.

Property Listed by: Keller Williams Realty

Home Features

Bathrooms:
2
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
1652
Basement:
Construction:
Year Built:
1915
Roof:
Stories:
3
Heating:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.1
Road Surface Type:
Paved
Sewer:
Public Sewer
Zoning:
U

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.