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.
| MLS # | 5110747 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1890 |
| Days On Site | 7 |
| Listing Provided By | Century 21 North East | Scott Forte |
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 5 |
| Zoning | VC VIL |
| Acreage | 0.22 |
| Rooms Total | 0 |
|---|---|
| Cooling | None |
| Heating | Propane, Forced Air |
| Roof | Asphalt Shingle |
|---|---|
| Construction Materials | Vinyl Siding |
| Foundation Details | Fieldstone |
| Lot Features | City Lot |
| Garage Yes / No | No |
|---|
| Utilities | Cable Available |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
| Tax Annual Amount | 8868 |
|---|---|
| Tax Block | 000 |
| Tax Lot | 110 |
| Tax Year | 2026 |
| State | NH |
|---|---|
| County | Strafford |
| City | Farmington |
| Zip Code | 03835 |
| Area | NH Strafford |
| Listing VS Median (in 03835) | |
Price: $799,000 low | high Med: $0 On site: 7 low | high Med: | |
| State | NH |
|---|---|
| County | Strafford |
| City | Farmington |
| Zip Code | 03835 |
| Area | NH Strafford |
| Listing VS Median (in 03835) | |
Price: $799,000 low | high Med: $0 On site: 7 low | high Med: | |