Well-maintained 3-unit multifamily property consisting of one 3-bedroom apartment and two 2-bedroom apartments. All three units have just been improved by the current owner to include fresh paint and some new appliances. The property is being purposely held vacant for the buyer, but the pro forma includes ~$78K/year in gross revenue and ~$55K/year in net operating income. Tenant-paid electricity covers heat, hot water, and lights/plugs, and the landlord pays for only water/sewer. The two driveways accommodate 6 vehicles and a 2-bay garage provides additional vehicle and tenant storage. Owner is a real estate licensee.
Prepare to be amazed at ALL 9 Water street has to offer! This 2 family home with public water/sewer has been updated from top to bottom! Tons of potential for a significant return on your investment! Including a New ON DEMAND Hot Water System, Heating, Roof, Windows, Plumbing, Electrical, Insulation, Siding, the list goes on and on. First floor offers 3 generous sized bedrooms and WOW what a beautiful fully applianced eat-In-kitchen, including new dishwasher, maple cabinets, kitchen island and a slider to the private, partially fenced in back yard. 2nd floor offers 2 bedrooms, open kitchen area with step-up to living room. Tons of natural lighting & laundry hook-ups in both units! Building is equipped with panoramic cameras and a generator hook up to ensure the building isn't without heat/hot water. Bring your toys, this 2 family home has a 2 stall garage! Conveniently located to shopping & restaurants. Commuters dream only a few short miles to Rte 16. Family friendly neighborhood and located on a quiet dead end street.
These two wel-maintained buildings offer a prime investment opportunity or a way to reduce your mortgage. The first building features an up-and -down duplex, with spacious 3-bedroom units on each floor. The lower unit has been recently renovated with a full bathroom, new carpets, hardwood floors, and a modern kitchen with new stainless steel appliances. The upper unit also offers 3 bedrooms, wood kitchen cabinets, and hardwood floors, plus a second-floor balcony for enjoying warm summer days. The second building includes a one-bedroom lower unit with sleek gray kitchen cabinets, stainless steel appliances, and luxury vinyl flooring. The upper unit spans two levels with 3+ bedrooms and spacious living areas. Both buildings boast a young roof, fresh siding and separate utilities, with a new propane gas boiler and ample parking. Located within walking distance to downtown, and with easy access to the seacoast, lakes, mountains, and major highways, this property offers excellent rental potential or a way to offset your mortgage. With a potential cap rate of 10.93%, itâ??s a rare opportunity that wonâ??t last long!
Well-maintained 11-unit multifamily property consisting of a 9-unit apartment building adjacent to a 2-unit duplex, totaling seven 2-bedroom apartments and four 1-bedroom apartments. This property has been significantly improved by the current owner and most units include vinyl plank flooring, fresh paint, and stainless steel appliances. Income is terrific with an average rent of $1,757/unit/month and ~$237K/year in total gross revenue, and further upside income potential exists for a new owner willing to renovate. The Landlord pays for heat, hot water, and cold water / sewer, and the tenants pay for electricity. The propertyâ??s ~$162K/year in NOI makes this listing a 8.6% cap at the asking price. The buildingsâ?? shared parking lot accommodates 12-14 vehicles and additional street parking is available in the immediate vicinity. The property is only a couple minute walk to Farmington's downtown and is a commutable distance to Portsmouth (25 miles), Concord (33 miles), and Manchester (43 miles). Owner is a real estate licensee.
Welcome to this extraordinary maintenance free home offering a rare combination of space, privacy, and versatility. Situated on beautifully maintained, level grounds perfect for gardening or small-scale farming. This single-family home is in excellent condition, with recent renovations including Anderson windows and doors, vinyl siding, flooring, kitchen upgrades including stainless steel appliances and granite counter tops. It offers additional separate living space that can be used for an at home business or an apartment with rental income. The highlights of this unique property include a new barn 42x36 with 16ft ceiling offering ample space for your RV plus a truck, storage, or use as a workshop. The oversized paver patio is perfect for outdoor entertaining, barbecues, or simply relaxing in the peace and quiet of your private home. There are two sheds offering additional storage space for tools, equipment, or hobbies. The building with the additional living space includes a 4-car heated garage, providing the perfect setup for automotive projects or extra storage. Enjoy ultimate privacy in this serene setting, with plenty of room to roam and grow. The expansive level grounds are ideal for gardening, farming, or simply enjoying the outdoors, with plenty of space for recreation or future projects. Currently there are apple, cherry, peach, plum, and pear trees along with elderberry, blueberry, raspberry bushes. This remarkable property offers endless possibilities-whethe
Farmington is located in New Hampshire. Farmington, New Hampshire has a population of 6,748. Farmington is less family-centric than the surrounding county with 23.43% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Farmington, New Hampshire is $60,271. The median household income for the surrounding county is $76,560 compared to the national median of $69,021. The median age of people living in Farmington is 42.7 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 11.9 degrees. The average rainfall is approximately 51.2 inches per year, with 54 inches of snow per year.
