$799,000
Other Residential
- 3,248 Sqft
- 9,584 Sqft lot
- Updated: Yesterday
- MLS#5110747
About the Property
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.
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.
-
Property type
Other
-
Year built
1890
-
Price/sqft
$246
Features
- Parking
Explore the Area
11 Orange Street, Farmington, NH 03835, New Hampshire, United States
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current market opportunities and trends.
Purchasing or leasing a new home is one of the biggest decisions and investments
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like a professional, even if it’s your first time. If you’re selling your home,
you want the experience of seasoned veterans with the knowledge of your area to
represent you and the home you loved.
expert realtor to help you list your home, the Century 21 North East office in
Kittery, Maine is here to help. While other real estate companies and agents
focus on simply facilitating a transaction, the team of real estate
professionals in our office believe in the value of delivering extraordinary
experiences from the day you start your search to the closing date. Our team
brings a commitment to helping you make informed decisions by capitalizing on
current market opportunities and trends.
Purchasing or leasing a new home is one of the biggest decisions and investments
people make. But by leaning on our experts, you can learn how to buy a house
like a professional, even if it’s your first time. If you’re selling your home,
you want the experience of seasoned veterans with the knowledge of your area to
represent you and the home you loved.
Last updated
Yesterday
First listed
Sep 21
Listing reference
4AD5A55E-3C17-4DDA-AD01-6A9602FB3510
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