A great opportunity to get into the rental business or expend your portfolio with this 3 unit apartment building. Property is right across from the Kennebec river and amazing walking trails. It is only 1/2 Mile from downtown Gardiner and only 4 miles from Downtown Hallowell which means theres plenty of great restaurants, live entertainment, and shopping to chose from. The 1st floor unit is a 2 bedroom, 1 bathroom that is currently owner occupied. Second floor unit is a 1 bedroom, 1 bathroom that is currently being rented. Third floor unit is a studio apartment that is currently vacant. Don't miss this amazing business opportunity!
Closed
$246,000
16 Northern Avenue, Farmingdale, ME 04344
4beds
1sqft
Multi Family
Built in 1890
-- sqft lot
$300,300 Zestimate®
$246,000/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 14, 2025 at 07:56pm
Listed by:
LAER
Bought with:
LAER
Source: Maine Listings,MLS#: 1567118

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Direct Vent Heater
Cooling
- None
Features
- Flooring: Wood, Vinyl, Carpet
- Basement: Walk-Out Access,Full,Sump Pump,Exterior Only,Unfinished
Interior area
- Total structure area: 1
- Total interior livable area: 1 sqft
- Finished area above ground: 1
- Finished area below ground: 0
Property
Parking
- Parking features: 5 - 10 Spaces, Gravel, On Site
Features
- Levels: Multi/Split,Split Entry
Lot
- Size: 3,484 sqft
- Features: Level, Rolling Slope, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
Details
- Parcel number: FAREM22L005
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Frame
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Farmingdale
Other
Other facts
- Road surface type: Paved
Services availability

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