295,000

Prime investment opportunity in Farmington, ME! This multi-family property currently features 5 units plus potential to expand the site into a 6-unit rental stream, subject to city approval. Enjoy a high-demand location in an in-town rental pocket just minutes from the University of Maine at Farmington (UMF), local convenience stores, downtown amenities, and RSU 09 public schools. The property is being sold vacant, allowing you to renovate and set your own market rents from day one. Sold strictly "AS IS, WHERE IS"a€”the seller will make no further improvements, and due to property condition, it will likely NOT qualify for standard FHA financing. A pre-qualification letter or proof of funds (for cash or hard money buyers) is required prior to scheduling a showing.