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

$320,000
MLS#: 1655626
5 Bed / 2 Bath
  • Type: Residential
  • Lot Size: 0.18 Acres
  • Year Built: 1920
  • Square Feet: 2,411

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Property Details

Discover this exceptional tenant-occupied 2-family home in Waterville, perfectly blending owner occupancy or full investment potential with over 31,200 in current annual rental income. Both units are professionally managed by Spectrum Property Management, covering lawn care, snow removal, and maintenance for true hands-off cash flow. The first floor unit welcomes you through a classic front porch entry or a charming side entry. The front porch entry flows into an entry room and convenient laundry area. It features a separate living room and formal dining room with a built-in hutch for timeless elegance, an efficient galley kitchen, and three generous bedrooms for comfortable living. Upstairs, the second unit offers a spacious layout highlighted by a large, modern kitchen, adjacent dining room, and three well-appointed bedrooms for versatile rental appeal. Shared features include dual entry and exit options with a main front staircase to the porch plus private second-floor access. A full unfinished basement provides direct stairs from the first-floor kitchen and an exterior side door from the parking area, ideal for storage or exercise room. The level, expansive side yard is perfect for gatherings and includes a handy storage shed. Live in one, rent the other, or let both units deliver steady income in this prime Waterville location. Schedule your showing today!

Property Listed by: Keller Williams Realty

Home Features

Rooms:
13
Bedrooms:
5
Bathrooms:
2
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
2411
Basement:
Construction:
Year Built:
1920
Roof:
Heating:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
0.18
Road Surface Type:
Dirt, Gravel, Paved
Sewer:
Public Sewer
Zoning:
RC

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.