Well-maintained 11-unit multifamily property consisting of a 10-unit apartment building adjacent to a single family house, totaling seven 2-bedroom apartments and four 1-bedroom apartments. This property has been significantly improved by the current owner and most units include vinyl plank flooring, fresh paint, and stainless steel appliances. Income is terrific with an average rent of $1,757/unit/month and ~$232K/year in total gross revenue, and further upside income potential exists for a new owner willing to renovate. The Landlord pays for heat, hot water, and cold water / sewer, and the tenants pay for electricity. The property’s ~$141K/year in NOI makes this listing a 7.0% cap at the asking price. The buildings’ shared parking lot accommodates 12-14 vehicles and additional street parking is available in the immediate vicinity. The property is only a couple minute walk to Farmington's downtown and is a commutable distance to Portsmouth (25 miles), Concord (33 miles), and Manchester (43 miles). Owner is a real estate licensee.
Property Details
Property Features
Property Information:
Year Built: 1900
Stories: 3
Living Area: 7,223 SqFt
Listing Office:
Office Name: Gray Property Group, LLC
Office Phone: (603) 637-4812
Listing Agent: Nick Gray
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 0.26 Acres
Utilities
Utilities Information:
Heating: Oil
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $1,995,000
Price Per SqFt: $276/SqFt
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Housing Market Comparison
See how this home compares to others in Farmington, NH.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/4/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Valley View Community School
79 Thayer Dr
Distance between this listing and this school0.72 miles
Public District Grades PK-3
3
/10
Milton Elementary School
8 School St
Distance between this listing and this school3.91 miles
Public District Grades PK-5
5
/10
New Durham Elementary School
7 Old Bay Rd
Distance between this listing and this school5.73 miles
Public District Grades KG-6
Nearby Schools
6
/10
Henry Wilson Memorial School
51 School St
Distance between this listing and this school0.34 miles
Public District Grades 4-8
3
/10
Nute Junior High School
22 Elm St
Distance between this listing and this school3.85 miles
Public District Grades 6-8
2
/10
Rochester Middle School
47 Brock St
Distance between this listing and this school7.71 miles
Public District Grades 6-8
Nearby Schools
2
/10
Farmington Senior High School
40 Thayer Dr
Distance between this listing and this school0.55 miles
Public District Grades 9-12
2
/10
Nute High School
22 Elm St
Distance between this listing and this school3.85 miles
Public District Grades 9-12
1
/10
Bud Carlson Academy
150 Wakefield St Ste 8
Distance between this listing and this school6.68 miles
The neighbors living near this home have an average income of $46,146. Most Farmington, NH residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9-11 Worster St
What is the listing price of this property?
The listing price of 9-11 Worster St property is $1,995,000.
What type of property is this?
The property 9-11 Worster St is land located in Farmington, New Hampshire, 03835.
Is this property for sale now?
Active Listing: 9-11 Worster St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 9-11 Worster St in Farmington, NH and zip code 03835. This 7,223 square foot home, which was built in 1900, sits on a 0.26 acre lot. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $1,995,000.
In November 2024 more than 2 listings in Farmington, NH were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. The number of homes for sale in Farmington, NH increased by 9.5% between October 2024 and November 2024.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site 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. 
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