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Off market
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  • Price Unknown

    297 Main St, Farmington, NH 03835

    6beds
    3,600sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Excellent investment opportunity in a high-visibility location. This property includes a a 4-unit residential building fully leased at market rents with updated units and clean, uncluttered common areas. The property also has a separate building with an auto mechanic shop, office space, and 2 bedroom apartment above occupied by owner of mechanic business. The long-running auto mechanic shop is leased for $1,650/mo, and is grandfathered in as the only mechanic business allowed in Farmington's main commercial district. Will work well for investors looking to build equity in a cashflowing, stabilized property that does not need any major improvements.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    Heating
    • Electric, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 3.30 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1890

    Utilities & green energy

    • Electric: Circuit Breaker(s), 100 Amp
    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Farmington

    Other

    Other facts
    • Construction: Wood Frame
    • Driveway: Paved
    • Electric: Circuit Breaker(s), 100 Amp
    • Foundation: Concrete, Brick
    • Roads: Public
    • Sewer: Public
    • Water: Public
    • Unit 3 Rental Amt Freq: Monthly
    • Total Stories: 2
    • Construction Status: Existing
    • Income Data Source: Owner Records
    • Lot Description: Level, River Frontage, Major Road Frontage
    • Flood Zone: Unknown
    • Unit 1 Rental Agremnt: Yes
    • Unit 2 Rental Agremnt: Yes
    • Unit 3 Rental Agremnt: Yes
    • Road Frontage: Yes
    • Unit 4 Rental Amt Freq: Monthly
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 2 Rental Amt Freq: Monthly
    • Exterior: Clapboard
    • Parking: On-Site, Garage, Paved, Parking Spaces 11 - 20, Driveway
    • Trash: Dumpster, Private
    • Unit 1 Info: Heat Included
    • Unit 2 Info: Heat Included
    • Surveyed: Yes
    • Unit 3 Info: Heat Included
    • Unit 4 Info: Heat Included
    • Unit 5 Rental Agreement: Yes
    • Garage: Yes
    • Separate Utilities: Varies
    • Unit 4 Rental Agremnt: Yes
    • Unit 5 Rental Amt Freq: Monthly
    • SqFt-Apx Fin AG Source: Other
    • Garage Description: Heated
    • Unit 5 Lease Term: Annual
    • Zillow Group: Yes
    • Style: Multi-Family
    • Unit 1 Tenant Pays: Electric, Hot Water
    • Unit 2 Tenant Pays: Electric, Hot Water
    • Unit 1 Status: Leased
    • Unit 1 Lease Term: Other
    • Unit 2 Status: Leased
    • Unit 3 Tenant Pays: Electric, Hot Water
    • Unit 4 Tenant Pays: Electric, Hot Water
    • Unit 5 Tenant Pays: Electric, Heat, Hot Water
    • Unit 4 Status: Leased
    • Unit 3 Status: Leased
    • Unit 5 Status: Leased
    • Garage Type: Other
    • Unit 4 Lease Term: Other
    • Unit 2 Lease Term: Other
    • Continue to Show?: Yes
    • Listing Status: Active Under Contract
    Services availability