Sold
Last Sold Price
2,204 sqft

232 Fairbanks Rd, Farmington, ME 04938

Multi FamilyProperty Type
0.95 acresLot Size
1796Year Built
$120/sq ftPrice per sq ft
2 carsParking Spaces

Description

Great Income opportunity! Built in 1796, this charming 3 unit multi family home is in great condition and is approved by the town as 4 units. It may easily be converted to 4. Very well maintained and walking distance to town. Lots of parking, 2 large decks to enjoy the serenity of the large lot and all the beautiful landscaping.Great Income opportunity! Built in 1796, this charming 3 unit multi family home is in great condition and is approved by the town as 4 units. It may easily be converted to 4. Very well maintained and walking distance to town. Lots of parking, 2 large decks to enjoy the serenity of the large lot and all the beautiful landscaping.
  • Listed by: Laura Davis 207.879.9800 klrw318@kw.com • Keller Williams Realty
Listing closed: 09/16/2021 12:00 AM • Source: Maine Listings, MLS#: 1502943
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Location

Listing Courtesy of Keller Williams Realty

Sold By Palmer Realty Group

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Payment Calculator

$1,669 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,415

Property Taxes

$255

HOA Dues

$0

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Property Information for 232 Fairbanks Road

Property Details

  • Taxes: $3,054 / year
  • MLS Type: Multi-Family
  • Architectural Style: Colonial
  • Style: Colonial
  • View: Trees/Woods
  • Has Waterfront: No
  • Zoning: Res-lt. commercial

Building Information

  • Stories: 2
  • Residences: 3
  • Year Built: 1796
  • Lot Size: 0.95 AC / 41,382 SF

Summary

Location and General Information
  • Water View: No
  • Location: Near Shopping
  • Page: 302
  • Directions: From downtown Farmington, head northwest on Main St/ME-4/ME-27 . Continue to follow ME-4/ME-27. 232 Fairbanks Road is about a mile on the left.
  • Latitude: 44.681489
  • Longitude: -$70.16
Taxes and HOA
  • Association: No
  • Parcel Number: FARN-000000-U000020-000006
  • Tax Lot: 006
  • Tax Book Number: 1538
  • Tax Map Number: U20
  • Tax Year: 2020
  • Tax Annual Amount: $3,054.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Common, Detached
  • Parking: 5 - 10 Spaces
  • Vehicle Storage: 2 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
School Information
  • High School District: RSU 09

Property

Lot Information
  • Lot Features: Well Landscaped, Open, Level, Wooded, Near Shopping
  • Lot Size Acres: 0.95
  • Lot Size Area: 0.95
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 41382.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open, Well Landscaped, Wooded
Property and Assessments
  • Above Grade Finished Area: 2204.0
  • Building Area Total: 2204.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Structure Type: Post & Beam
  • Structure Type: Post & Beam
  • Year Built: 1796
Building Features
  • Foundation Details: Stone, Granite
  • Foundation Materials: Stone, Granite
  • Construction Materials: Vinyl Siding
  • Other Structures: Outbuilding
  • Color: white
  • Stories: 2
Financial Information
  • List Price/SqFt: $124.77
Utilities
  • Heat Fuel: Oil
  • # Heating Units: 1
  • # Water Heaters: 1
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System, Tank
  • Utilities: Utilities On
  • Utilities On: Yes

Interior and Exterior Features

Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: Common, Gravel
Interior Features
  • Amenities: Laundry - Coin, Washer Hookup, Storage
  • Bathrooms Full: 4
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Integer: 4
  • Laundry Features: Washer Hookup, Laundry - Coin
  • Basement: Bulkhead, Full
  • Basement: Bulkhead, Full
  • Patio And Porch Features: Deck, Porch
  • Has Cooling: No
  • Heating: Zoned, Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Laminate, Carpet
  • Interior Features: Storage

Room Information

Laundry
  • Laundry Room Amenities: Washer Hookup, Laundry - Coin

Multi Family

Multi Family Information
  • # of 1 BD Units: 2
  • # of 2 BD Units: 1
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $12,000.00
  • Operating Expense: $1,565.00

Unit Information

Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: No
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: No
  • Lease: No
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $500.00
  • Beds Total: 1
  • Rooms Total: 3
Unit 2
  • Num Full Baths: 2
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: No
  • Beds Total: 2
  • Rooms Total: 6
Unit 3
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: No
  • Water: No
  • Electric: Yes
  • Heat: No
  • Range: Yes
  • Lease: No
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $500.00
  • Beds Total: 1
  • Rooms Total: 3

Rental

Rent Information
  • Land Lease: No

Property History for 232 Fairbanks Road

DateEvent & SourcePriceAppreciation
Sep 16, 2021

Sold

Maine Listings #1502943

$265,000—
Aug 18, 2021

Pending

Maine Listings #1502943

—
Jul 26, 2021

Listed (Active)

Maine Listings #1502943

$275,000—
DateEvent & SourcePrice
09/16/2021

Sold

Maine Listings #1502943

$265,000
08/18/2021

Pending

Maine Listings #1502943

—
07/26/2021

Listed (Active)

Maine Listings #1502943

$275,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

232 Fairbanks Road

Baths

4

Total Finished SqFt

2,810 SqFt

Above Grade Finished SqFt

2,810 SqFt

Stories

2

Lot Size

41,382 SqFt

Style

Triplex

Schools near 232 Fairbanks Road

This home is within Regional School Unit 09.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
W G Mallett School
PublicPK to 2

Mt Blue Middle School
Public6 to 8

Mt Blue High School
Public9 to 12

Cascade Brook School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.