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Listed By Scott Forte Century 21 North East
$ 799,000
Est. payment /mo
Active
11 Orange ST Farmington, NH 03835
7 Beds
5 Baths
3,248 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,248 sqft
Price per Sqft $245
MLS Listing ID 5110747
Style New Englander
Bedrooms 7
Full Baths 5
Construction Status Existing
Year Built 1890
Annual Tax Amount $8,868
Tax Year 2026
Lot Size 9,583 Sqft
Acres 0.22
Property Description
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.
Location
State NH
County Nh-strafford
Area Nh-Strafford
Zoning VC VIL
Rooms
Basement Concrete
Interior
Heating Propane, Forced Air
Cooling None
Exterior
Parking Features No
Utilities Available Cable Available
Roof Type Asphalt Shingle
Building
Lot Description City Lot
Story 3
Sewer Public
Water Public
Architectural Style New Englander
Construction Status Existing
