$299,000
$26K PRICE DROP

130 Main St Farmington, ME 04938

Estimated payment $1,976/month

Total Views 6,553
-- Bed
3 Baths
2,305 Sq Ft
$130 Price per Sq Ft

Highlights

  • Barn
  • Attic
  • 3 Car Attached Garage
  • New Englander Architecture
  • No HOA
  • Cooling Available

About This Home

MULTI-USE/MULTI-FAMILY INVESTMENT OPPORTUNITY IN FARMINGTON'S HISTORIC DOWNTOWN BUSINESS DISTRICT!!!
Located on Main Street, the primary route that leads into the HUB OF FRANKLIN COUNTY, this property is all about the LOCATION. The first-floor unit can be utilized as a residential rental apartment (Multiple room rentals for college students) or a commercial business space. Previously used as an eye doctor's retail and exam space, there is plenty of room for a business to thrive or for entertaining family and friends if the residential use is wanted. The open concept retail space and reception area is filled with natural light from the large windows overlooking Main Street. An ADA accessible waiting room is conveniently located at the front of the building. There are multiple rooms that can be used as office space or as bedrooms. A full kitchen, full bath, kitchenette, and storage rooms are also available.
There are two, two-bedroom apartments on the second floor, both with large living rooms, kitchens and full baths. The third-floor loft is a perfect space for additional storage as is the attached barn out back. Literally steps from the paved, town-maintained sidewalk, you are a minute's walk from Main Street and Broadway and all of Farmington's amenities. For you outdoor enthusiasts, enjoy the many multi-use trails systems, lakes, ponds, streams and the pristine waters of the Sandy River. During the winter months make some turns at Farmington's own Titcomb Ski Mountain. Both Sugarloaf and Saddleback ski resorts are only 45 minutes away. (RECENT UPDATES TO THIS PROPERTY INCLUDE ENLARGING FIRST FLOOR BATHROOM AND ADDING A TUB, NEW FIRST FLOOR REFRIGERATOR AND OVEN, SMOKE AND CO2 DETECTORS THROUGHOUT, NEW HOT 50 GALLON HOT WATER HEATER AND FIRE EGRESS WINDOWS INSTALLED IN TO FIRST BEDROOMS.) COME AND EXPLORE THE POSSIBILITIES!!! UPDATE-THE FIRST FLOOR COMMERCIAL UNIT IS NOW AVAILABLE FOR A NEW TENANT!!!

Listing Agent

Andrew Hufnagel

Palmer Realty Group Brokerage Phone: 800-988-3055 Listed on: 06/19/2025

Co-Listing Agent

Connor Hufnagel

Palmer Realty Group Brokerage Phone: 800-988-3055

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,305 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Laminate

Basement

  • Partial Basement
  • Brick Basement
  • Interior Basement Entry

Utilities

  • Cooling Available
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater
  • High Speed Internet
  • Internet Available

Additional Features

  • Accessible Approach with Ramp
  • City Lot
  • Barn

Listing and Financial Details

  • Tax Lot 038
  • Assessor Parcel Number FARN-000000-U000019-000038

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $38,503
  • Gross Income $38,877

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,200

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2527
  • Co List Office Phone: 207-778-4444
  • MLS Status: Active
  • Directions: Travel North on Main Street in Downtown Farmington. Property is on the right across from District Court.
  • Above Grade Finished Sq Ft: 2305.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1900
  • Attribution Contact: 800-988-3055
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2305.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 38876.72
  • Income Expenses Operating Expenses: 38502.84
  • Parking:On Site2: Yes
  • Amenities:Attic: Yes
  • Basement:Slab2: Yes
  • Basement:BrickMortar: Yes
  • Equipment:Internet Access Available: Yes
  • Water Heater:Oil2: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Equipment:DSL: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures:Barn(s): Yes
  • Levels:Multi-Level3: Yes
  • Heat System:Zoned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Other Equipment: Internet Access Available, DSL
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Interior, Brick/Mortar, Partial
  • Full Bathrooms: 3
  • Flooring: Laminate, Carpet
  • Interior Amenities: Attic, Storage
  • Stories: 3

Exterior Features

  • Lot Features: Open, Level, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab, Brick/Mortar
  • Other Structures: Barn(s)
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Zoned, Hot Water, Heat Pump, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: FARN-000000-U000019-000038
  • Zoning: Town

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 38876.72
  • Annual Operating Expense: 38502.84

Tax Info

  • Tax Annual Amount: 4200.0
  • Tax Book Number: 4456
  • Tax Lot: 038
  • Tax Map Number: U19
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,200 $195,800 $22,600 $173,200
2023 $3,898 $195,800 $22,600 $173,200
2022 $3,524 $195,800 $22,600 $173,200
2021 $3,759 $195,800 $22,600 $173,200
2020 $3,861 $196,000 $23,000 $173,000
2019 $3,916 $196,000 $23,000 $173,000
2018 $3,836 $196,000 $23,000 $173,000
2017 $3,908 $196,000 $23,000 $173,000
2016 $3,779 $196,000 $23,000 $173,000
2015 $3,685 $196,000 $23,000 $173,000
2014 $3,391 $195,800 $22,600 $173,200
2013 $3,084 $195,800 $22,600 $173,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $299,000 -3.5% $130 / Sq Ft
07/31/2025 07/31/25 Price Changed $310,000 -4.6% $134 / Sq Ft
06/19/2025 06/19/25 For Sale $325,000 +16.1% $141 / Sq Ft
11/05/2022 11/05/22 Off Market $280,000 -- --
05/27/2022 05/27/22 Sold $280,000 -6.4% $121 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $299,000 -- $130 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,000 Purchase Money Mortgage
Previous Owner $160,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: Maine Listings

MLS Number: 1627362

Maine Listings

APN: FARN-000000-U000019-000038