Closed
$365,000
121 Wilton Road, Farmington, ME 04938
6beds
3,000sqft
Multi Family
Built in 1900
-- sqft lot
$372,200 Zestimate®
$122/sqft
$1,339 Estimated rent
Home value
$372,200
Estimated sales range
Not available
$1,339/mo
Zestimate® history
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Owner options
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What's special
Investors take notice! 4 Unit apartment building for sale within WALKING distance to downtown Farmington and the University system! This property has ample parking to accommodate tenants, great storage in the form of a garage/barn for personal or tenant storage and coin operated laundry in a common space for the tenants. Recent updates/upgrades include brand new heat pumps in all 4 units in 2024 and a recently updated 2-bedroom apartment (unit 2). This building consists of two, 2-bedroom units and two - 1-bedroom units with two of the units being on the ground level. Expand your current rental/investment portfolio or start with this one! Located in a busy college town, this property has cashflow and would be great passive income for the next buyer! Geographically, this property is about 40 mins from Augusta (Capitol of Maine), 1.5 hours to Portland & Bangor (both have airports) and only 3.5 hours to Boston! Enjoy the quaint downtown setting comprised of local shops and artisans, restaurants, and so much more! Enjoying skiing at the local ski mountain, Titcomb Mountain or drive just an hour to the iconic ski resorts, Sugarloaf USA or Saddleback in Rangeley! You don't want to miss this opportunity!
Zillow last checked: 8 hours ago
Listing updated: April 11, 2025 at 12:51pm
Listed by:
Keller Williams Realty
Bought with:
Meservier & Associates
Source: Maine Listings,MLS#: 1603777
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Direct Vent Heater, Heat Pump
Cooling
- Heat Pump
Appliances
- Laundry: Laundry - Coin
Features
- 1st Floor Bedroom, Shower, Storage
- Flooring: Carpet, Vinyl
- Basement: Interior Entry,Crawl Space,Partial,Unfinished
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Common, Gravel, 5 - 10 Spaces, On Site, Garage Door Opener, Storage
- Attached garage spaces: 2
Features
- Levels: Multi/Split
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.25 Acres
- Features: City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Level, Open Lot, Sidewalks, Landscaped
Details
- Parcel number: FARNMU31L019
- Zoning: Urban
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander,Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Pillar/Post/Pier
- Roof: Metal,Pitched
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Farmington
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2025 | Sold | $365,000$122/sqft |
Source: | ||
| 3/11/2025 | Pending sale | $365,000$122/sqft |
Source: | ||
| 11/3/2024 | Price change | $365,000-2.7%$122/sqft |
Source: | ||
| 9/14/2024 | Listed for sale | $375,000+17.2%$125/sqft |
Source: | ||
| 12/19/2022 | Listing removed | -- |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,913 +7.7% | $135,800 |
| 2023 | $2,704 +10.6% | $135,800 |
| 2022 | $2,444 -6.3% | $135,800 |
Find assessor info on the county website
Neighborhood: 04938
Nearby schools
GreatSchools rating
- NAW G Mallett SchoolGrades: PK-2Distance: 0.8 mi
- 3/10Mt Blue Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Mt Blue High SchoolGrades: 9-12Distance: 1.9 mi

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