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536 Main St
Farmington, NH 03835
5 Unit Farmington NH · Multifamily Property For Sale
·
5 Units


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.
PROPERTY FACTS
| Price Per Unit | $193,959 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 7.42% | Lot Size | 0.19 AC |
| Gross Rent Multiplier | 10.33 | Building Size | 4,527 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1890 |
| Zoning | UR URB - Urban | ||
| Price Per Unit | $193,959 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 | - | - |
PROPERTY TAXES
| Parcel Number | FRMN-000005U-000000-000117 | Improvements Assessment | $617,959 CAD |
| Land Assessment | $158,099 CAD | Total Assessment | $776,058 CAD |
PROPERTY TAXES
Parcel Number
FRMN-000005U-000000-000117
Land Assessment
$158,099 CAD
Improvements Assessment
$617,959 CAD
Total Assessment
$776,058 CAD
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