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"Come and explore the possibilities!"

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1.800.988.3055

Multi-Family for Sale: 113 Lake Avenue, Farmington, ME 04938 SOLD

7 full baths
$395,000
$395,000
113 Lake Avenue, Farmington, ME 04938 SOLD
7 full baths
$395,000
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Selling Price: $395,000
Original List Price: $449,900
Sold at 87.8% of list price
Sold Date: 03/14/2024
Type Multi-Family
Style New Englander
Total Baths 7 full baths
Square Feet 3,000 sqft
Lot Size 0.28 acres
Year Built 1875
Taxes Paid $3,197
City Farmington
County Franklin
MLS 1576053
Status Closed
DOM 139 days
6 UNIT APARTMENT BUILDING WITH ALL UNITS CURRENTLY LEASED OUT!!! This well maintained apartment buiilding is situated in the heart of Farmington's Downtown District on a quiet road just minutes (Walk, Bike or Drive) from everything. There is parking available on-site for all of the tenants as well as garbage disposal. This location is always in high demand for renters, both college students and professionals alike. This is just minutes from the Historic Downtown Business District, local and state educational campuses, both Fire and Police Departments, Franklin Memorial hospital and affiliated medical providers and retail clothing, food and beverage stores. All current lease expiration dates range from May to September of 2024. COME AND EXPLORE THE POSSIBILITIES!!!

Room Features

Basement Description Interior Entry, Partial

Lot & Building Features

Cooling None
Tax Year 2022
Taxes Paid $3,197

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 2
Unit 2 Full Baths 1
Unit 2 of Bedrooms 1
Unit 2 of Rooms 2
Unit 3 Full Baths 2
Unit 3 of Bedrooms 2
Unit 3 of Rooms 2
Unit 4 Full Baths 1
Unit 4 of Bedrooms 2
Unit 4 of Rooms 2
Unit 5 Full Baths 1
Unit 5 of Bedrooms 1
Unit 5 of Rooms 1
Unit 6 Full Baths 1
Unit 6 of Bedrooms 1
Unit 6 of Rooms 1

Price History of 113 Lake Avenue, Farmington, ME

Date Name Price Difference
11/17/2023 Price Adjustment $395,000 10.21%
11/17/2023 Price Adjustment $439,900 2.22%
10/27/2023 Listing Price $449,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Listed by Palmer Realty Group, Andrew Hufnagel
Sold by Coldwell Banker Sandy River Realty, Stewart Durrell 207-778-6333
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0.80936708860759%
6.75%
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All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Palmer Realty Group

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. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.