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

$360,000
MLS#: 1646819
6 Bath
  • Type: Multi-family
  • Lot Size: 0.09 Acres
  • Year Built: 1925
  • Square Feet: 4,350

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Property Details

Well-performing 6-unit multifamily comprised of six (6) 2-bedroom apartments, all fully occupied and producing immediate, consistent income. The uniform unit mix supports strong rental demand and operational efficiency. The property benefits from a furnace that is only two years old, helping limit near-term capital expenditures and support stable ongoing operations. Offered at a 12.5% cap rate, this asset is well-suited for investors seeking reliable cash flow with minimal disruption. An attractive option for both experienced operators and those looking to acquire a stabilized multifamily property.

Property Listed by: Keller Williams Realty

Home Features

Bathrooms:
6
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
4350
Basement:
Construction:
Year Built:
1925
Roof:
Heating:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.09
Sewer:
Public Sewer
Zoning:
Res

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.