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Multi-Family for Sale: 116 Oakes Street, Farmington, ME 04938 SOLD

5 full baths
$325,000
$325,000
116 Oakes Street, Farmington, ME 04938 SOLD
5 full baths
$325,000
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Selling Price: $325,000
Original List Price: $389,000
Sold at 83.5% of list price
Sold Date: 11/22/2024
Type Multi-Family
Style Cape, New Englander
Total Baths 5 full baths
Square Feet 2,000 sqft
Lot Size 0.27 acres
Year Built 1790
Taxes Paid $1,441
City Farmington
County Franklin
MLS 1580380
Status Closed
DOM 314 days
Solid, updated investment opportunity! This 5 unit bldg. is PRODUCING INCOME NOW! Located in the heart of West Farmington, this property offers convenience to all of Farmington's businesses, shops, services and recreational opportunities in both the historic & renewed sections of town. Easily walk to UMAINE Farmington campus, the Sandy River, Hippach Field or take a short drive to Titcomb ski area or Sugarloaf Mtn.

Room Features

Basement Description Interior Entry, Walk-Out Access, Unfinished

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $1,441

Unit Features

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

Price History of 116 Oakes Street, Farmington, ME

Date Name Price Difference
05/17/2024 Price Adjustment $325,000 16.45%
01/13/2024 Listing Price $389,000 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 Better Homes & Gardens Real Estate/The Masiello Group, Mark Moody 207-560-4683
Sold by RE/MAX Infinity, Dorinda Bridges 207-924-2264
$
20%
0.44338461538462%
6.75%
$
$
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Better Homes & Gardens Real Estate/The Masiello 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.