This well maintained multi family home offers an excellent opportunity for investors or owner occupants looking to capitalize on a prime location just steps away from downtown Farmington. Situated on a corner lot this property boasts so much charm. This property consists of 2 bright and spacious units, each offering ample living space, comfortable layouts, tons of storage and private entrances. Enjoy spending time outside on the farmers porch or rooftop deck. There is also plenty of parking for each unit with a paved driveway and garage. This must-see property has a brand-new roof. Long term tenants are currently renting the 1st floor, but the 2nd floor is vacant. Whether you're looking to generate rental income or reside in one unit while renting out the other, this property offers great potential for both. Located just a short walk from downtown Farmington where you can enjoy the convenience of local amenities such as stores and restaurants. Enjoy all the benefits of small town living while being just a short drive from Rochester, the lakes region and all that the Seacoast has to offer.
Well-maintained 11-unit multifamily property consisting of a 10-unit apartment building adjacent to a single family house, 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 ~$232K/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 ~$141K/year in NOI makes this listing a 7.5% 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 family 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 property is in excellent condition and features two well-appointed single-family homesâ??ideal for multi-generational living or guest accommodations. 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 multiple sheds offering additional storage for tools, equipment, or hobbies. One of the homes includes a 4-car garage features a vehicle lift, 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 and plum trees along with boysenberry, blueberry and raspberry bushes. This remarkable property offers endless possibilitiesâ??whether you're looking for a peaceful family retreat, space for a hobby farm, or room to expand and entertain, this compound has it all. Donâ??t miss your chance to own this one-of-a-kind estate!
This exceptional property offers 5 residential units and a versatile service garage -the last of its kind allowed on Main St (business not for sale), all set on nearly three and a half acres of land along the scenic Cocheco River. Adjacent to the Farmington Country Club and located just minutes from NH-11, this location provides an easy commute to the NH Seacoast, Lakes Region, and the White Mountains. With its prime location and diverse features, this property is perfect for investors seeking both residential and commercial income potential. Donâ??t miss this rare opportunity in a growing area.
Investors, double the value! Two well-maintained duplexes on two adjacent lots, sold as a package with a potential cap rate of 10.9%. Both buildings complement each other beautifully, featuring excellent curb appeal with their young roofs and sharp siding. Small apartments no more, the first duplex offers spacious 3-bedroom units, ideal for maximizing per unit cash flow. Recent updates include modern stainless steel appliances, luxury vinyl flooring, and stunning hardwood floors. The second duplex features a one-bedroom unit and a spacious 3+ bedroom unit, both with contemporary finishes such as sleek gray cabinets, stainless steel appliances, and luxury vinyl flooring in the lower unit. Tenants will appreciate the convenience of in-unit washers and dryers, separate utilities, and ample parking. The location couldn't be better, with close proximity to the seacoast, lakes, and mountain region, along with easy access to Route 16, shopping, restaurants, and major highways. Act fast as this will not last. Delayed showings begin at the open house on Saturday, August 10, between 1-3Pm.
PRIVATE SHOWINGS SAT 1-3**The ideal, well-maintained duplex everyone has been looking for! Either a perfect investment with a potential cap rate of 10.93% or a great opportunity to reduce your mortgage with one side paying your mortgage. The lower level features a spacious open one-bedroom unit with a kitchen that boasts sleek gray cabinets, stainless steel appliances, and stunning luxury vinyl flooring. Tenants enjoy the convenience of an in-unit washer and dryer. The upper level unit spans two levels with 3+ bedrooms and spacious living areas. The property boasts excellent curb appeal with a young roof and sharp siding. Landlords benefit from separate utilities, a new propane gas boiler and plenty of parking. The location couldn't be better, with close proximity to the seacoast, lakes, and mountain region, along with easy access to Route 16, shopping, restaurants, and major highways. Act fastâ??this opportunity won't last long! Delayed showings begin at the open house on Saturday, August 10, from 1-3 PM.
PRIVATE SHOWINGS SAT 1-3**. Look no further for the perfect duplex! With a potential 11.02% cap rate, this up-and-down duplex offers spacious 3-bedroom units on each floor, ideal for maximizing per unit cash flow or living on one floor while the other covers your mortgage. The home boasts excellent curb appeal with a young roof and recently painted exterior.. The lower level unit boasts character and was recently renovated with an updated bathroom, new carpets, and stunning hardwood floors throughout. Youâ??ll love the kitchen, which showcases new stainless steel appliances, luxury vinyl flooring, and a pristine white cabinet finish. Upstairs you'll find a well maintained 3 bedroom unit with beautiful wood kitchen cabinets and hardwood floors throughout. Enjoy relaxing on your second-floor balcony during warm summer days. This home is conveniently tucked away on a side street yet within walking distance to downtown. This location is ideal, offering close proximity to the seacoast, lakes, and mountain region, along with easy access to Route 16, shopping, restaurants, and major highways. Act fast as this will not last. Delayed showings begin at the open house on Saturday, August 10, between 1-3Pm
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.