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
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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Tipo de propiedad
Otros
Año de construcción
1890
Precio/pie²
$246
Características
Aparcamiento
Explorar la zona
11 Orange Street, Farmington, NH 03835, Nuevo Hampshire, Estados Unidos
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Última actualización
Septiembre 21
Primera publicación
Septiembre 21
Referencia del anuncio
4AD5A55E-3C17-4DDA-AD01-6A9602FB3510
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