- beds
- —
- baths
- 2
- sq ft
- 1,428
- Built
- 1900
102 Thomas Mcclellan Road
Farmington, ME 04938
About this home
Excellent investment opportunity in Farmington! This well-maintained 2 unit is ideally located just minutes from the university, making it highly appealing for student rentals. Each unit features two bedrooms, a functional layout, and abundant natural light. The first-floor unit has been completely renovated, including new doors, a new bathroom vanity, a new bathtub and shower surround, new kitchen cabinets and fixtures, and new flooring offering modern appeal and added value. Whether you're looking to owner-occupy while offsetting your mortgage or expand your investment portfolio, this property offers strong and consistent income potential. Situated on a quiet road, the property also includes ample parking--an essential amenity for tenants. Building is currently vacant so easy to show and ready for owner occupied or pick your own tenants. Don't miss this chance to own this great investment!
Listing last checked: Listing updated:
Listed by Listing Agent · NextHome Experience · MLS #1658578
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Details at a glance
Interior3 property facts
- Heating
- Oil, Baseboard, Hot Water, Zoned
- Cooling
- None
- Flooring
- Carpet, Laminate, Tile, Vinyl
Building5 property facts
- Style
- Other
- Year built
- 1900
- Garage
- 0
- Foundation
- Slab, Brick/Mortar
- Roof
- Metal
Land & utilities4 property facts
- Lot size
- 0.09 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- town
Financial2 property facts
- Annual taxes
- $1,894
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $189,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,114 / monthAdjust
- Principal & interest
- $956
- Property tax
- $158
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,894. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 102 Thomas Mcclellan Road
Can I request a private showing?
Request a tour of 102 Thomas Mcclellan Road and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.