536 Main St - Apartments FOR SALE


Farmington, NH 03835
$799,000 USD
207-604-0655
536 Main St, Farmington, NH for Sale
$799,000 USD
Apartments - FOR SALE
1/8
null | 6.49% Cap Rate

536 Main St
Farmington, NH 03835


OVERVIEW

Charming Historic Multi-Family Home in the Heart of Farmington This stately property proudly boasts a wraparound porch and now houses five expansive apartment units, including four large one-bedroom apartments and a massive two-floor, three-bedroom unit created by combining two original units. The home has been updated with modern systems, updated kitchens featuring new cabinetry, and contemporary flooring throughout. Each apartment is equipped with efficient forced hot water baseboard heating. Tenants benefit from town water and sewer, and are individually metered for electricity. The property features a paved driveway and parking area, with additional on-street parking available. Located just a short walk from downtown Farmington, the home offers quick access to both the Lakes Region and the Seacoast. It’s only 20 minutes to Alton and Wolfeboro on Lake Winnipesaukee, 35 minutes to Portsmouth's renowned dining and shopping, and close to all the conveniences of Rochester and Route 11—including the beloved two-for-one specials at Johnson’s Dairy Bar. This is more than just an investment—it's a rare opportunity to own a piece of local history in a place people are proud to call home.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

5

PRICE/UNIT

$159,800

CAP RATE

6.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit Farmington NH

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

UR URB

APN/PARCEL ID

U05-117-0000-0000

ASK ABOUT THIS PROPERTY

Steve LiautaudColdwell Banker CommercialMore Info
207-604-0655

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Steve LiautaudColdwell Banker CommercialMore Info
207-604-0655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.