Excellent investment opportunity in Farmington! This 5-unit multifamily property offers a desirable mix of three 1-bedroom units and two 2-bedroom units, generating $96,480 in annual gross income with reported operating expenses of $18,890 and net income of $77,590. Current scheduled rents total $8,040 per month. The property offers approximately 3,248 square feet of finished living area on a 0.22-acre city lot. Convenient public water and sewer, propane forced-air heat, paved driveway, and vinyl siding help make this a straightforward addition to an investment portfolio. Located on a public-maintained road with approximately 170 feet of road frontage. Whether you're looking to expand an existing portfolio or acquire a substantial income-producing property, 11 Orange Street offers five units under one roof with established rental income from day one.
Welcome to 15 Winter Street, a fully updated, multi-family property offering incredible versatility for investors and savvy homebuyers alike! Whether you're looking to expand your rental portfolio or live in one unit while letting the second unit offset your mortgage, this property is move-in ready and built to perform. This two-family home features a spacious 3-bedroom unit and a comfortable 1+ bedroom unit, offering flexible layout options for tenants or owner-occupants. Capital improvements give you peace of mind from day one, capped off by a brand-new roof installed in April 2026 along with numerous interior and exterior updates throughout. Situated in a prime, central Farmington location: Walkable Convenience: Just a short stroll to vibrant downtown shops, local eateries, and community spots. Commuter Friendly: Quick, easy access to major travel routes including Route 11 and Route 16, making regional travel a breeze. Low-maintenance, high-opportunity, and completely ready for its next owner. Schedule your showing today and see the value for yourself!
12 Grondin Drive is a three-story, eight (8) unit residential building containing eight (8) 2-Bedroom/1-Bathroom units with 10,800 square feet of gross living area situated on a 0.69-acre parcel in Farmington, New Hampshire. The Property is separately metered for electricity which the tenants pay directly. The Landlord is responsible for trash and recycling removal. Off-street parking is available on site. The Property is 100% occupied and was substantially renovated in 2025 with over $133,000 in capital improvements. In-place gross scheduled rent is $13,150 per month ($157,800 annually) across units ranging from $1,350 to $1,825 per month. Net Operating Income is $98,840 reflecting a 7.19% capitalization rate at the asking price of $1,375,000 ($171,875 per unit). An adjacent 3.16-acre parcel is available separately at $70,000 and may be acquired in combination with the building upon request. Showings by appointment only. Do not disturb occupants.
INVESTORS DREAM! 4-UNITS FULLY OCCUPIED WITH LEASES IN PLACE! Completely renovated 4-unit multifamily on approximately 1 acre is a lucrative turnkey investment opportunity with expansion potential for 4 additonal units! Originally built in 1988 and thoughtfully converted from a single-family, this property now features four spacious 2-bedroom, 1-bath units, each updated for modern living and low-maintenance ownership. All units include brand new stainless steel appliances, flooring, paint, plumbing and electrical fixtures, and individual Navien high-efficiency propane combi boilers. Additional upgrades include vinyl windows, exterior doors, new exterior stairs and landings, and separate electrical panels. Each unit offers open-concept kitchen/living space, in-unit laundry hookups, and dual front/rear entrances. Unit layouts include approximately 1,125 SF (one with bonus flex space), 1,082 SF, 991 SF, and 832 SF, providing a range of comfortable living options. Property features vinyl siding, public water and sewer, a large paved parking area, and fire-rated separation between units. Propane tanks onsite (2 per unit, via Eastern Propane). Value-add potential includes basement storage rental income, possible condominium conversion, and opportunity to develop additional units (buyer to verify). Located in a flexible zoning district allowing multiple uses. Turnkey condition with strong income potential and future upside.
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.
