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297 Main, Farmington, NH 03835

4 Bed, 4 Bath Multi-Family Home For Sale

297 Main, Farmington, NH 03835 House For Sale - MLS #4730059
$292,000
4
4
Multi-Family
5+ Family
5
This listing is courtesy of Evan Cochran from Keller Williams Coastal Realty

Property Description for 297 Main, Farmington, NH 03835

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.

Interior Details

3,600 sq. ft.
$81.11/sq. ft.
8
Public
Public

Exterior Details

3.30 acres
143,748 sq. ft.
2
Heated
2 Garage Spaces
Driveway; Garage; On-Site; Parking Spaces 11 - 20; Paved
Wood Frame
Brick; Concrete

Other Details

4730059
1890
$2,880

Units Description

Unit #1
Rooms: 2      Bedrooms: 1      Full / Half Baths: 1      Rent: $720     
Interior Features : Heat Included

Unit #2
Rooms: 2      Bedrooms: 1      Full / Half Baths: 1      Rent: $720     
Interior Features : Heat Included

Unit #3
Rooms: 2      Bedrooms: 1      Full / Half Baths: 1      Rent: $720     
Interior Features : Heat Included

Unit #4
Rooms: 2      Bedrooms: 1      Full / Half Baths: 1      Rent: $720     
Interior Features: Heat Included

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Town Description

Abenaki Indians once used the Cochecho River for transportation, and had a camping ground on Meetinghouse Hill, where they built birch bark canoes. Otherwise, the river valley was wilderness, through...

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