Log In/Sign Up
Your email has been sent.
5 Unit Farmington NH 536 Main St 5 Unit Apartment Building $975,748 CAD ($195,150 CAD/Unit) 7.42% Cap Rate Farmington, NH 03835
EXECUTIVE SUMMARY
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.
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.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $975,748 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $195,150 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.42% | Building Size | 4,527 SF |
| Gross Rent Multiplier | 10.33 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | ||
| Zoning | UR URB - Urban | ||
| Price | $975,748 CAD |
| Price Per Unit | $195,150 CAD |
| Sale Type | Investment |
| Cap Rate | 7.42% |
| Gross Rent Multiplier | 10.33 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 4,527 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1890 |
| Zoning | UR URB - Urban |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 3+2 | 1 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | FRMN-000005U-000000-000117 | Total Assessment | $796,001 CAD |
| Land Assessment | $162,161 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $633,840 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
FRMN-000005U-000000-000117
Land Assessment
$162,161 CAD
Improvements Assessment
$633,840 CAD
Total Assessment
$796,001 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
5 Unit Farmington NH | 536 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.