12 Grondin Dr, Farmington, NH 03835
- Garage
- Yes
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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.
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2
- Lot size (acres)
- 3.16
- Year built
- 1980
Garage and parking
- Garage parking spaces
- 8
Utilities
- Heating
- Electric
- Cooling
- None
Public schools
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Sourced from: PrimeMLS MLS®#: 5100933 Last checked: …

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