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Listed by Scott Forte • Century 21 North East
$ 799,000
Est. payment | /mo
7 Beds
5 Baths
3,248 SqFt
$ 799,000
Est. payment | /mo
7 Beds
5 Baths
3,248 SqFt
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
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 Entrance Interior
Basement Concrete
Interior
Cooling None
Exterior
Utilities Available Cable Available
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public
Architectural Style New Englander
Construction Status Existing
Nearby Locations
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