129 Perham Street

Farmington, ME 04938

$1,800,000
Price
6
Beds
4
Baths
2,976 Sq. Ft.
$605 / Sq. Ft.
2,976
Sq. Ft.
$605
per Sq. Ft.

Description

Don't miss this great opportunity for investment property in the heart of Farmington. These 5 Multi-Units are near both the University of Maine at Farmington and Broadway St, the heart of Farmington where shops and dining are available. Not only do these properties have an amazing location and excellent rental history, they offer 9 single rooms and 21 other units ranging from efficiencies to 1, 2, 3, and even a 4 bedroom! Each tenant has their own assigned parking area in a newly paved and striped...Don't miss this great opportunity for investment property in the heart of Farmington. These 5 Multi-Units are near both the University of Maine at Farmington and Broadway St, the heart of Farmington where shops and dining are available. Not only do these properties have an amazing location and excellent rental history, they offer 9 single rooms and 21 other units ranging from efficiencies to 1, 2, 3, and even a 4 bedroom! Each tenant has their own assigned parking area in a newly paved and striped parking lot. Don't miss your chance to dive into Farmington's rental business! The details of this one listing are for a representative property and there are four other properties that are included and being sold as a package.
  1. Listed by Samantha LeBeau • Meservier & Associates

Property Details for 129 Perham Street

Waterfront
No
ArchitecturalStyle
Multi-Level
Garage
No
Zoning
Village Residential
LISTING UPDATED: 10/12/2024 10:06 AM

Property Details for 129 Perham Street

StatusActive
MLS #1583066
Days on Market263
Taxes$5,513 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1850
Lot Size0.13 AC / 5,662 SF
CountyFranklin County

Building Information for 129 Perham Street

Stories-Residences5Year Built1850Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 129 Perham Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Town: Farmington
  • State/Province: ME
  • Zip Code: 04938
  • County: Franklin
  • Geo Latitude: 44.671751
  • Geo Longitude: -70.147105
  • Tax Lot: 5
  • Site:Level: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
Parking
  • Parking Features: 1 - 4 Spaces, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 3678
  • Tax Map Number: U16
  • Tax Year: 2023
  • Parcel Number: 129perhamstfamingtonme04938
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,513.00
Property
Heating and Cooling
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2976.0
  • Lot Size Acres: 0.13
  • Source of Acreage: Public Records
  • Building Area Total: 2976.0
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5662.8
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Street Number: 129
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Plot Plan Public Access, Deed Public Access, Lead Paint Addendum Public Access, Property Disclosure Public Access
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1850
Utilities
  • Electric: Circuit Breakers
  • Sewer: Yes
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Metal
Interior Features
  • Basement: Full, Exterior Entry, Bulkhead
  • Flooring: Vinyl, Laminate, Carpet
  • Cooling: None
  • Heating: Baseboard
  • Foundation Details: Concrete Perimeter
  • Bathrooms Total (Integer): 4
  • Bathrooms Total (Decimal): 4.00
  • Bathrooms Total (Notational): 4.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $76,224.00
  • Operating Expenses: $29,302.00
Multi-Family Information
  • Number of Units: 5
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $630.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 1.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • 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: First
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,050.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • 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: Yes
  • Unit 3:Level: Second
  • Unit 3:Security Deposit: No
  • Unit 3:Monthly Rent: $500.00
  • Unit 3:# Full Baths: .00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 1.00
  • Unit 3:# of Bedrooms: 1.00
  • Unit 3:Dedicated Electric Meter: No
  • Unit 3:Dedicated Gas Meter: No
  • Unit 3:Dedicated Water Heater: No
  • Unit 3:Electric: Yes
  • 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: Yes
  • Unit 4:Level: Second
  • Unit 4:Security Deposit: Yes
  • Unit 4:Monthly Rent: $550.00
  • Unit 4:# Full Baths: 1.00
  • Unit 4:# Half Baths: .00
  • Unit 4:# of Rooms: 1.00
  • Unit 4:# of Bedrooms: 1.00
  • Unit 4:Dedicated Electric Meter: No
  • Unit 4:Dedicated Gas Meter: No
  • Unit 4:Dedicated Water Heater: No
  • Unit 4:Electric: Yes
  • Unit 4:Heat: Yes
  • Unit 4:Range: Yes
  • Unit 4:Refrigerator: Yes
  • Unit 4:Water: Yes
Unit 5
  • Unit 5:Lease: Yes
  • Unit 5:Level: Third
  • Unit 5:Security Deposit: Yes
  • Unit 5:Monthly Rent: $550.00
  • Unit 5:# Full Baths: 1.00
  • Unit 5:# Half Baths: .00
  • Unit 5:# of Rooms: 1.00
  • Unit 5:# of Bedrooms: 1.00
  • Unit 5:Dedicated Electric Meter: No
  • Unit 5:Dedicated Gas Meter: No
  • Unit 5:Dedicated Water Heater: No
  • Unit 5:Electric: Yes
  • Unit 5:Heat: Yes
  • Unit 5:Range: Yes
  • Unit 5:Refrigerator: Yes
  • Unit 5:Sewer: Yes
  • Unit 5:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 4
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 129 Perham Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 129 Perham Street

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.

Similar Homes

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Similar Sold Homes

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129 Perham Street is a multi-family home for sale in Farmington, ME 04938. This property was listed for sale on February 21, 2024 by Meservier & Associates, it's currently listed at $1,800,000. 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. 129 Perham Street is a 6-bed, 4-bath, 2,976 sqft multi-family home built in 1850.

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 Meservier & Associates

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.