11 Orange St, Farmington, NH 03835
- $799,000
- 3,248
- SqFt
Listing courtesy of Scott Forte from Century 21 North East. ()
- List Price
- $799,000
- Status
- ACTIVE
- MLS#
- 5110747
- Subtype
- Residential Income
- Style
- New Englander
- Year Built
- 1890
- Living Area
- 3,248
- Lot Size
- 9,583
- 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.
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Additional Information
- Taxes
- $8,868
- Property Description
- New Englander
- Zoning
- VC VIL
- Heating
- Propane, Forced Air
- Air Conditioning
- None
- Levels
- Three Or More
- Roof
- Asphalt
- Foundation
- Fieldstone
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