12 Grondin Drive, Farmington, NH 03835
Local realty services provided by:CENTURY 21 Lifestyles
12 Grondin Drive,Farmington, NH 03835
$1,375,000
- 16 Beds
- 8 Baths
- 10,800 sq. ft.
- Multi-family
- Active
Listed by: justin porterPhone: 978-449-1378
Office: exp realty888-398-7062
MLS#:5100933
Source:PrimeMLS
Price summary
- Price:$1,375,000
- Price per sq. ft.:$127.31
About this home
12 Grondin Drive is a three-story, eight (8) unit residential building containing eight (8) 2-Bedroom/1-Bathroom units with 10,800 square feet of gross living area situated on a 0.69-acre parcel in Farmington, New Hampshire. The Property is separately metered for electricity which the tenants pay directly. The Landlord is responsible for trash and recycling removal. Off-street parking is available on site. The Property is 100% occupied and was substantially renovated in 2025 with over $133,000 in capital improvements. In-place gross scheduled rent is $13,150 per month ($157,800 annually) across units ranging from $1,350 to $1,825 per month. Net Operating Income is $98,840 reflecting a 7.19% capitalization rate at the asking price of $1,375,000 ($171,875 per unit). An adjacent 3.16-acre parcel is available separately at $70,000 and may be acquired in combination with the building upon request. Showings by appointment only. Do not disturb occupants.
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Home facts
- Year built:1980
- Listing ID #:5100933
- Added:98 day(s) ago
- Updated:October 28, 2026 at 11:11 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:8
- Full bathrooms:8
- Living area:10,800 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1980
- Building area:10,800 sq. ft.
- Lot area:3.16 Acres
- Levels:2 Story
Utilities
- Sewer:Private
Finances and disclosures
- Price:$1,375,000
- Price per sq. ft.:$127.31
- Tax amount:$17,752
Parking
- Parking description:Dirt Driveway
- Garage spaces:8
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