12 Grondin Drive

Farmington NH 03835

10800 sq. ft.

137650 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

16 bedrooms

8 bathrooms

8 carspaces

8 garage spaces

10800 sq. ft. floor area

137650 sq. ft. lot size

Multi-Family

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Local market activity for 16 bedroom multi families in Farmington

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Justin Porter

at EXP Realty

View listing

Sales:: (619) 566-0008

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