121 Wilton Road

Farmington, ME 04938

$365,000
Price
6
Beds
3,000 Sq. Ft.
$122 / Sq. Ft.
3,000
Sq. Ft.
$122
per Sq. Ft.

Description

Investors take notice! 4 Unit apartment building for sale within WALKING distance to downtown Farmington and the University system! This property has ample parking to accommodate tenants, great storage in the form of a garage/barn for personal or tenant storage and coin operated laundry in a common space for the tenants. Recent updates/upgrades include brand new heat pumps in all 4 units in 2024 and a recently updated 2-bedroom apartment (unit 2). This building consists of two, 2-bedroom units and...Investors take notice! 4 Unit apartment building for sale within WALKING distance to downtown Farmington and the University system! This property has ample parking to accommodate tenants, great storage in the form of a garage/barn for personal or tenant storage and coin operated laundry in a common space for the tenants. Recent updates/upgrades include brand new heat pumps in all 4 units in 2024 and a recently updated 2-bedroom apartment (unit 2). This building consists of two, 2-bedroom units and two - 1-bedroom units with two of the units being on the ground level. Expand your current rental/investment portfolio or start with this one! Located in a busy college town, this property has cashflow and would be great passive income for the next buyer! Geographically, this property is about 40 mins from Augusta (Capitol of Maine), 1.5 hours to Portland & Bangor (both have airports) and only 3.5 hours to Boston! Enjoy the quaint downtown setting comprised of local shops and artisans, restaurants, and so much more! Enjoying skiing at the local ski mountain, Titcomb Mountain or drive just an hour to the iconic ski resorts, Sugarloaf USA or Saddleback in Rangeley! You don't want to miss this opportunity!
  1. Listed by Joshua Hill • Keller Williams Realty

Property Details for 121 Wilton Road

Waterfront
No
ArchitecturalStyle
Multi-Level, New Englander
Garage Spaces
2.00
Garage
Yes
Zoning
Urban
View
Trees/Woods
LISTING UPDATED: 12/30/2024 12:19 PM

Property Details for 121 Wilton Road

StatusActive
MLS #1603777
Days on Market173
Taxes$2,704 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1900
Lot Size0.25 AC / 10,890 SF
CountyFranklin County

Building Information for 121 Wilton Road

Stories-Residences4Year Built1900Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 121 Wilton Road

Summary
Location and General Information
  • Road Surface Type: Paved
  • Directions: GPS Friendly! See sign!
  • Town: Farmington
  • State/Province: ME
  • Zip Code: 04938
  • County: Franklin
  • Geo Latitude: 44.661042
  • Geo Longitude: -70.153358
  • Tax Lot: 019
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Site:Well Landscaped: Yes
  • Location:Intown: Yes
  • Location:Near Golf Course: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Transportation:Major Road Access: Yes
  • Recreational Water:Lake/Fresh Water: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
  • Recreational Water:River/Brook/Stream: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Common, On Site, Garage Door Opener, Storage
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 1014
  • Tax Map Number: U31
  • Tax Year: 2023
  • Parcel Number: FARN-000000-U000031-000019
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,704.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3000.0
  • Lot Size Acres: 0.25
  • Source of Acreage: Public Records
  • Building Area Total: 3000.0
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 10890.0
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 121
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:Common: Yes
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1900
Utilities
  • Electric: True
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:2 Car: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Roof: Metal, Pitched
  • Vehicle Storage:Storage Above: Yes
Interior Features
  • Basement: Crawl Space, Partial, Interior Entry, Unfinished
  • Flooring: Vinyl, Carpet
  • Interior Features: 1st Floor Bedroom, Shower, Storage
  • Cooling: Heat Pump
  • Heating: Heat Pump, Direct Vent Heater
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Laundry Features: Laundry - 1st Floor, Main Level, Laundry - Coin
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $46,800.00
  • Operating Expenses: $13,800.00
Multi-Family Information
  • Number of Units: 4
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $925.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 4.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,100.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 4.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: Third
  • Unit 3:Security Deposit: Yes
  • Unit 3:Monthly Rent: $975.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 3.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: No
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Lease: No
  • Unit 4:Level: First
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $900.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 3.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: Yes
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: Yes
  • Unit 4:Electric: No
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 2
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 121 Wilton Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 121 Wilton Road

Taxable ValueLand$13,900Additions$121,900Total$135,800
Tax Record2023$2,704 ($225 / month)
Home Facts
Total Finished SqFt2,198 SqFtAbove Grade Finished SqFt2,198 SqFtStories3Lot Size10,890 SqFtStyleTriplexYear Built1900Year Renovated2014ZoningRBCountyFRANKLINAPNFARN M:U31 L:019

Schools near 121 Wilton Road

This home is within Regional School Unit 09.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
W G Mallett School
PublicPK to 2

Mt Blue Middle School
Public6 to 8

Mt Blue High School
Public9 to 12

Cascade Brook School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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121 Wilton Road is a multi-family home for sale in Farmington, ME 04938. This property was listed for sale on September 13, 2024 by Keller Williams Realty, it's currently listed at $365,000. It has been on the market for a total of 173 days and was last sold on July 17, 2018. This listing's school district is Regional School Unit 09. Nearby schools include W G Mallett School, Mt Blue Middle School and Mt Blue High School. 121 Wilton Road is a 6-bed, 4-bath, 3,000 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.