| Up North Realty Maine

129 Perham Street, Farmington, ME 04938 (MLS# 1583066)

129 Perham Street, Farmington, ME 04938

$1,700,000
Property Type: Multi-Family Baths: 4 Square Footage: 2,976 Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $1,700,000 List Date: 2/28/2024 Last Modified: 3/21/2026

Overview

Description

Don't miss this great opportunity for investment property in the heart of Farmington. These 5 Multi-Units buildings offer 30 Units and 23 bathrooms between them. They are located near 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.

Listing Details MLS# 1583066

Location Information

Street #
129
Street Name
Perham
Street Type
Street
County
Franklin
Town
Farmington
State/Province
ME
Zip Code
04938
Leased Land
No
Book
3678
Page
173-174
Map
U16
Lot
5
Zoning
Village Residential
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
5513
Tax Year
2023
Tree Growth Y/N
No

Contract Information

Original List Price
1800000

Property Information

Surveyed
Unknown
Seasonal
No
Deed/Conveyance Type Offered
Warranty
Deed
All
Number of Units
5
Total Baths
4
Total Full Baths
4
Year Built
1850
SqFt Finished Above Grade
2976
SqFt Finished Total
2976
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.13
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0
Garage Spaces
0

Water Info

Water Frontage
No
Water View
No

Units

# of 1 BD Units
4
# of 2 BD Units
Yes

Unit 1

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
630
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

More Information

Unit 2

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1050
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
Yes
Level
Second
Security Deposit
No
Monthly Rent
500
# of Rooms
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
550
# Full Baths
Yes
# of Rooms
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes
Sewer
Yes

Unit 5

Lease
Yes
Level
Third
Security Deposit
Yes
Monthly Rent
550
# Full Baths
Yes
# of Rooms
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Utilities

Utilities On
Yes

Levels

Multi-Level
Yes

Site

Level
Yes
Sidewalks
Yes

Location

Intown
Yes
Near Shopping
Yes

Roads

Paved
Yes
Public
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Basement

Full
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Wood Siding
Yes

Roof

Metal
Yes

Heat System

Baseboard
Yes

Heat Fuel

Pellets
Yes

Income & Expenses

Gross Income
231630
Operating Expenses
115424

Cooling

None
Yes

Floors

Carpet
Yes
Laminate
Yes
Vinyl
Yes

Parking

1 - 4 Spaces
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Paved
Yes

Basement Entry

Bulkhead
Yes

Water Heater

Off Heating System
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level; Sidewalks Location: Intown; Near Shopping Roads: Paved; Public Style: Other Levels: Multi-Level Construction: Wood Frame Basement: Full Basement Entry: Bulkhead Foundation Materials: Poured Concrete Exterior: Wood Siding Roof: Metal Heat System: Baseboard Heat Fuel: Pellets Water Heater: Off Heating System Cooling: None Floors: Carpet; Laminate; Vinyl Driveway: Paved Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public

Documents

Listing Office: Meservier & Associates
IDX
Last Updated: March - 21 - 2026
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Search powered by FBS Products