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

$300,000
MLS#: 1647514
5 Bath
  • Type: Multi-family
  • Lot Size: 0.15 Acres
  • Year Built: 1923
  • Square Feet: 3,348

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Property Details

Fully occupied 5-unit multifamily offering strong in-place income and attractive returns. The property features a diverse unit mix and is currently operating at an approximate 11.6% cap rate, providing solid cash flow from day one. Recent capital improvements include upgraded electrical with full knob-and-tube removal, a heating system installed in 2022, and a flat roof estimated to be 5-10 years old. A well-maintained, turnkey investment with proven performance and strong fundamentals.

Property Listed by: Keller Williams Realty

Home Features

Bathrooms:
5
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
3348
Basement:
Construction:
Year Built:
1923
Roof:
Heating:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.15
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.