
128 Middle Street, Farmington, ME 04938
Franklin County
Key Facts
Description
AMAZING LOCATION IN THE HEART OF FARMINGTON'S DOWNTOWN VILLAGE DISTRICT!!! This property has been meticulously maintained by the same owners for the past 35 years and offers a strong rental history. The first floor has been home to a physical therapy practice since 1991. The space offers a large reception area and waiting area with a bathroom. There are five exam rooms, a beautiful physical therapy space with plenty of natural light and hardwood floors, a lab space, an administrative office, a therapist office with docking stations and an additional full bathroom with laundry. Parking is not an issue with the paved private driveway leading to the large, paved parking lot. On street parking is also available for patients. The second floor is a spacious, four-bedroom one bath unit with laundry on site as well. The open concept living, dining and kitchen offers ample space for entertaining family and friends. This property is within walking distance of the Downtown Business District, local and state educational facilities, public trail systems and parks and the community center is just across the street. You can't ask for a more convenient location for a property that generates over $34,000 annually in net proceeds with an increase projected for 2026. This can be an owner occupied, multi-use building with a commercial tenant on the first floor. Currently there are tenants on the second floor with a medical practice on the first floor. It would not take much to convert this property back into a full residential home after the current leases expire. COME AND EXPLORE THE POSSIBILITIES!!!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
New Englander
Year Built
1884
Living Area
3,698 sq ft
Lot Size
0.27 acres
Zoning
Village
MLS® Listing#
1657464
Property Features
Interior
Cooling
Heating
Flooring
Basement
Parking
Laundry
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$5,019
Tax year 2025
Parcel Number
FARN-000000-U000013-000004
Directions
From the intersection of Broadway and High Street, Take High St East and turn left onto Middle Street. Property is on the left directly across from the Community Center
Affordability Calculator
$97,000
Estimated monthly payment
$2,581/mo
Principal $388,000 · Est. interest $541,295 over 30 yrs
Location
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Points of Interest in Farmington, ME
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