12 Grondin Drive, Farmington, NH 03835

Farmington
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
12 Grondin Drive,Farmington, NH 03835
$1,375,000
  • 16 Beds
  • 8 Baths
  • 10,800 sq. ft.
  • Multi-family
  • Active
Listed by: justin porterPhone: 978-449-1378
Office: exp realty888-398-7062
MLS#:5100933
Source:PrimeMLS

Price summary

  • Price:$1,375,000
  • Price per sq. ft.:$127.31

About this home

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.

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Home facts

  • Year built:1980
  • Listing ID #:5100933
  • Added:2 day(s) ago
  • Updated:July 24, 2026 at 10:32 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:10,800 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1980
  • Building area:10,800 sq. ft.
  • Lot area:3.16 Acres
  • Levels:2 Story

Utilities

  • Sewer:Private

Finances and disclosures

  • Price:$1,375,000
  • Price per sq. ft.:$127.31
  • Tax amount:$8,876

Parking

  • Parking description:Dirt Driveway
  • Garage spaces:8
MLS LogoCopyright 2026 Prime MLS, 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 Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 24, 2026

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