207-778-2755Call Now186 Main St., Farmington, ME

$450,000
MLS#: 1608923
2 Bath
  • Type: Multi-family
  • Lot Size: 6.13 Acres
  • Year Built: 1996
  • Square Feet: 1,760

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Property Details

Explore the incredible potential of this 2-unit duplex on a sprawling 7.83-acre lot! Each unit features 2 bedrooms and 1 bathroom, with separate utilities for seamless management—ideal for rental income, multigenerational living, or investment purposes. The large lot not only provides privacy and ample space but also offers the opportunity to subdivide, creating an additional lot that could yield an estimated $150,000. With spacious living areas and functional layouts in each unit, this duplex provides comfort and convenience for tenants or family members alike. The expansive land invites outdoor activities, future development, or even expansion possibilities. This property combines immediate rental income potential with the added benefit of land value appreciation and development. Selling at a 10.4% cap rate with the option to subdivide the lot offers tremendous investment potential!

Property Listed by: Keller Williams Realty

Home Features

Bathrooms:
2
Below Grade Finished Area ±:
0
Above Grade Finished Area ±:
1760
Basement:
Construction:
Year Built:
1996
Roof:
Heating:

Land Features

Electric:
Circuit Breakers
Lot Size ±:
6.13
Road Frontage:
Private
Road Surface Type:
Gravel
Sewer:
Private Sewer
Zoning:
R-3

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. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.