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536 Main St Farmington, NH 03835

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For Sale
Contract
$680,000

Charming multi-family home with five updated apartment units.

Lot size:
0.19 Acres

Property Features for 536 Main St

General Information

Property type
Investment
Standard status
Contract
Lot size
0.19 Acres

Building Details

Year built
1890

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Listing Contact
Steven J Liautaud
Source: Elliman

Listing Agency: Coldwell Banker Realty Listing Agent: Steven J Liautaud

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Historic Farmington Multi-Family Home

This historic property in Farmington features a wraparound porch and houses five apartment units. There are four one-bedroom apartments and one 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. Each apartment has forced hot water baseboard heating. Tenants have access to town water and sewer, and are individually metered for electricity. A paved driveway and parking area are available, with additional on-street parking. The property is located a short walk from downtown Farmington, offering access to the Lakes Region and the Seacoast. It is 20 minutes from Alton and Wolfeboro on Lake Winnipesaukee and 35 minutes from Portsmouth. The property is also close to the conveniences of Rochester and Route 11.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Farmington
County
Strafford
State
New Hampshire
Longitude
-71.0655195
Latitude
43.391636

FAQs

What type of property is this?
Apartment building - Charming multi-family home with five updated apartment units.
Where is this apartment building located?
The property is located at 536 Main St Farmington, NH.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: - Solid 7.18% CAP rate, offering strong investment potential.; - Five expansive apartment units, including a large three-bedroom unit.; - Updated with modern systems, kitchens with new cabinetry, and contemporary flooring.
More about this property
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