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: 12/19/2025

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.

Supplements: ********

More Information MLS# 1583066

Location Information

Book: 3678 Leased Land: No Page: 173-174 Map: U16 Lot: 5 Zoning Overlay: Unknown Association: No Tree Growth Y/N: No Street #: 129 Street Name: Perham Street Type: Street County: Franklin Town: Farmington State/Province: ME Zip Code: 04938 Zoning: Village Residential Full Tax Amount $: 5513 Tax Year: 2023 Geo Lat: 44.671751 Geo Lon: -70.147105

Property Information

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

Levels

Multi-Level: 1

Site

Level: 1 Sidewalks: 1

Location

Intown: 1 Near Shopping: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

Other: 1

Construction

Wood Frame: 1

Basement

Full: 1

Foundation Materials

Poured Concrete: 1

Exterior

Wood Siding: 1

Roof

Metal: 1

Heat System

Baseboard: 1

Heat Fuel

Pellets: 1

Income & Expenses

Gross Income: 231630 Operating Expenses: 115424

Cooling

None: 1

Floors

Carpet: 1 Laminate: 1 Vinyl: 1

Units

# of 1 BD Units: 4 # of 2 BD Units: 1

Parking

1 - 4 Spaces: 1

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 630 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1050 # Full Baths: 1 # 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

Utilities

Utilities On: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: No Monthly Rent: 500 # of Rooms: 1 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

Bottled: 1

Unit 4

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 550 # Full Baths: 1 # of Rooms: 1 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Public Sewer: 1

Unit 5

Lease: Yes Level: Third Security Deposit: Yes Monthly Rent: 550 # Full Baths: 1 # of Rooms: 1 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Water

Public: 1

Driveway

Paved: 1

Basement Entry

Bulkhead: 1

Water Heater

Off Heating System: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 1800000 List Price: $1,700,000 Current Price: $1,700,000

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
Listing Office: Meservier & Associates
IDX
Last Updated: December - 19 - 2025
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.