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

$185,000
MLS#: 1647225
2 Bath
  • Type: Multi-family
  • Lot Size: 1.6 Acres
  • Year Built: 1989
  • Square Feet: 1,830

Request Information

There was a problem with your submission. Please correct the issues below

* Required Fields

Property Details

Investment opportunity featuring three parcels at one location: 6, 7, and 8 Pleasant Street. OFFERING UP TO 10% SELLER FINANCING Please do not disturb tenants, this is a dead-end street. Last 200' or so is maintained by owner. 6 Pleasant Street is a vacant lot with no structure currently on it. Some infrastructure is already in place, offering future development potential. 7 Pleasant Street is the larger parcel and includes a 3-bedroom, 1-bath mobile home. The unit is currently rented for $1,150 per month, with the tenant responsible for all utilities except sewer. 8 Pleasant Street features a 2-bedroom, 1-bath mobile home with a Section 8 tenant, also generating $1,150 per month in rent. Rent hits the first of every month. Both tenant have been in place for over a year with no issues and have expressed wanting to stay for years to come. This property offers immediate cash flow with two occupied units that comfortably cover expenses, making it a strong option for both seasoned investors and those looking to enter the rental market. There is additional upside through potential rent increases and the opportunity to add a structure to the third vacant lot, subject to buyer due diligence and local approvals. A solid income-producing property with built-in value-add potential in a convenient location. These are agent owned properties, and have never been lived in by seller.

Property Listed by: CENTURY 21 Queen City Real Estate

Home Features

Bathrooms:
2
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
1830
Basement:
Construction:
Year Built:
1989
Roof:
Heating:
Cooling:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
1.6
Road Frontage:
Private Road
Road Surface Type:
Gravel
Sewer:
Public Sewer
Zoning:
Residential

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.