Central Falls Realty

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      Price Down Payment Interest Rate Years
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      Est. Mortgage: $/month

      Federal 30-year interest rate: 7.22% last updated on 2023-11-30

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      Pending
      9-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 038359-11 Worster Street Farmington NH 03835
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      • $1,400,000List Price
      • 0.26Acreage
      • 7,223Square Feet
      • 1900Year Built
      Listed by William Peck of Horvath & Tremblay LLC
      Listed at a 8.48% cap rate on current income and $127,273 per unit, the Property includes two adjacent buildings at 9 and 11 Worster St containing eleven (11) rental units on a 0.26-acre parcel. The Properties contain eleven (11) Residential Units made up of three (3), 1-Bedroom/1-Bathroom units, three (3), 1+Bedroom/1-Bathroom units, and five (5), 2-Bedroom/1-Bathroom units. With below-market rents, the opportunity exists to upgrade the exteriors and common areas of the buildings and the unrenovated unit interiors to increase rental rates in a highly desirable residential market positioned just north of Rochester, New Hampshire. The Properties are located on a quiet tree-lined street in a residential neighborhood in the center of Farmington, New Hampshire. The Properties are one block from Main Street and enjoy convenient access to the town's restaurants, schools, and numerous parks and recreation areas. The Properties are a short walk from several area restaurants (Dough Boys Pizzeria, Farmington House of Pizza, The Joint Bar & Grill, Imperial Garden), a few convenience stores (Cumberland Farms and Mills Market), and are less than 1-mile from a Rite Aid. The Properties offer convenient access to New Hampshire's largest markets including Portsmouth (25-miles away), Concord (33-miles away), and Manchester (43-miles away). The Properties offer close proximity to Portsmouth, offering a quaint blend of history and coastal charm.

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      Central Falls Realty

      Your Local Office

      Central Falls Realty
      242 Central Avenue
      Dover NH, 03820

      Office: 603.742.2121

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      More Info

      Basic Information

      • StatusPEN
      • List Price$1,400,000
      • Date Price Change10/04/2023
      • MLS Number4972764
      • MLS StatusPending

      Property

      • Acreage0.26
      • Parking Spaces
      • Lot DescriptionOther
      • Square Feet7,223
      • APX Fin AG Sqft7,223
      • Road Frontage9
      • RoadsPaved

      Location

      • TownFarmington
      • StateNH
      • Zip03835
      • CountyStrafford
      • ZoningUR
      • Flood Zone Y/NNo

      Exterior

      • ExteriorAsbestos, Vinyl Siding
      • RoofMetal

      Utilities

      • Heat FuelOil
      • Heat SystemHouse Unit
      • WaterPublic
      • Water HeaterOil
      • ElectricFuses
      • SewerPublic
      • UtilitiesOther

      Building

      • Year Built1900
      • Building ConstructionWood Frame
      • StyleMulti-Family
      • Units11
      • # of 1 Bedrooms3
      • # of 2 Bedrooms8
      • BasementInterior Access
      • FoundationFieldstone

      Amenities

      • PricePerSqFt193.83

      Other

      • Seasonal Y/NNo
      • Date Listed10/04/2023
      • View Count16
      Broker Reciprocity 

      Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 1, 2023 12:10 PM EST

       

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