Five-Unit Apartment
11 Orange Street, Farmington, NH 03835
For Sale
$799,000
Multi-Family, Farmington, NH
Property Size3,248 SF
Lot Size0.22 Acres
Price / SF$245
Days on Market50
Property Features for 11 Orange Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Lot features
Directions
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Listing Agency:
Century 21 North East · Century 21 Real Estate
(603) 893-8230
Listed By:
Scott Forte
(617) 293-5235
Added: Sep 21
Changed: Nov 5
Last Checked: Nov 9 at 6:06AM
MLS# 5110747
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 11 Orange Street in Farmington, this apartment building contains five units with a mix of three one-bedroom residences and two two-bedroom residences. The property provides approximately 3,248 square feet of finished living area on a 0.22-acre lot, with vinyl siding, a shingle roof, and a basement. Built in 1890, the building is served by public water and sewer and uses propane forced-air heat. A paved driveway serves the property, which fronts approximately 170 feet along a public-maintained road. The zoning designation is VC VIL, and cable is available. Its established unit configuration and residential infrastructure support continued multifamily use.
Key Highlights
- Five‑unit apartment building with three 1‑bedroom units and two 2‑bedroom units
- Approximately 3,248 square feet of finished living area
- 0.22‑acre lot with approximately 170 feet of road frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,409
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,180
$608.2K
Cap Rate 7%
$434,414
$434.4K
Cap Rate 9%
$337,878
$337.9K
Market Conditions
NOI Build-Up for 3,248 SF
Gross rent
$57.3K $17.64/SF
− Vacancy
−$2.0K −$0.62/SF
EGI
$55.3K $17.02/SF
− OpEx
−$24.9K −$7.66/SF
NOI
$30.4K $9.36/SF
Area
Strafford County, NH
Vacancy
3.50%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,180
Cap Rate 7%
$434,414
Cap Rate 9%
$337,878
Alternative Uses
Best Use
Apartment 5plus
$434.4K
$380.1K – $506.8K
NOI $30,409 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$868.9K
$760.3K – $1.01M
NOI $60,826 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
5
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
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Business Placement
Demographics for 03835, NH
6,758
Population
2,994
Households
2.3
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
36.8 sq mi
ZIP Area
184
Density / Sq Mi
$63,704
Median Household Income
$33,333
Median Earnings
$963
Median Rent
$273,000
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Strafford County, NH
Properties on Market for Apartment buildings in Strafford County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit residential income property with public water, sewer, propane forced-air heat, and a paved driveway.
Where is this apartment building located?
The property is located at 11 Orange Street Farmington, NH.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Five‑unit apartment building with three 1‑bedroom units and two 2‑bedroom units; Approximately 3,248 square feet of finished living area; 0.22‑acre lot with approximately 170 feet of road frontage
