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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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128 Middle St , Farmington, ME 04938
$485,000
Est. Payment: $1,077.78/mo
0 Bed
3 Bath
3698 Sqft
Status: Active | Days on site: 130
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2527 - 018948
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House Description

AMAZING LOCATION IN THE HEART OF FARMINGTON'S DOWNTOWN VILLAGE DISTRICT!!! This property has been meticulously maintained by the same owners for the past 35 years and offers a strong rental history. The first floor has been home to a physical therapy practice since 1991. The space offers a large reception area and waiting area with a bathroom. There are five exam rooms, a beautiful physical therapy space with plenty of natural light and hardwood floors, a lab space, an administrative office, a therapist office with docking stations and an additional full bathroom with laundry. Parking is not an issue with the paved private driveway leading to the large, paved parking lot. On street parking is also available for patients. The second floor is a spacious, four-bedroom one bath unit with laundry on site as well. The open concept living, dining and kitchen offers ample space for entertaining family and friends. This property is within walking distance of the Downtown Business District, local and state educational facilities, public trail systems and parks and the community center is just across the street. You can't ask for a more convenient location for a property that generates over $34,000 annually in net proceeds with an increase projected for 2026. This can be an owner occupied, multi-use building with a commercial tenant on the first floor. Currently there are tenants on the second floor with a medical practice on the first floor. It would not take much to convert this property back into a full residential home after the current leases expire. COME AND EXPLORE THE POSSIBILITIES!!!

Highlights

Listed by Andrew Hufnagel , 207-491-7299 Palmer Realty Group , 207-778-4444.

Property Type

Multi-Family

Lot/Acreage
0.27

Year Built

1884

County

Franklin

Listing ID

1657464

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Air Cond:Wall Unit(s)
Fireplaces:
Floor:Carpet,Vinyl,Wood
Above Ground Sq Ft:3698
Below Ground Sq Ft:0
Basement:Interior Entry,Crawl Space,Full,Partial,Unfinished
Other:
  • Additional:Bathtub, Shower, Storage, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:Business District,Level,Open Lot
Zoning:Village
Roof:Metal
Others:
  • Additional:Lake/Fresh Water, Nearby, River/Brook/Stream
Sewer:Public Sewer
Parking Features:Paved,11 - 20 Spaces,On Site,Off Street,On Street
Principal Interest
$1,078
Taxes
$418

Home Price

$485,000

Loan Details

30 yrs
%

Down Payment

20%
$97,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,077.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,077.78 $418.25 $0.00 $1,496.03
Yearly $12,933.33 $5,019.00 $0.00 $17,952.33
Total $388,000.00 $150,570.00 $0.00 $538,570.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Farmington, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.