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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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12 Grondin Dr , Farmington, NH 03835
$1,375,000
Est. Payment: $3,055.56/mo
16 Bed
2 Bath
10800 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Justin Porter , 978-449-1378 EXP Realty , 888-398-7062. PrimeMLS mls logo

Property Type

Multi-Family

Lot/Acreage
3.16

Year Built

1980

County

Strafford

Listing ID

5100933

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:16
  • Bathrooms:2
  • Full Bathrooms:
  • 1/4 Bathrooms:2
Above Ground Sq Ft:10800
Basement:No

Exterior Features

Lot:Existing
Zoning:RR
Roof:Asphalt Shingle
Sewer:Private
Principal Interest
$3,056
Taxes
$740

Home Price

$1,375,000

Loan Details

30 yrs
%

Down Payment

20%
$275,000
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Monthly Price:
$3,055.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,055.56 $739.67 $0.00 $3,795.22
Yearly $36,666.67 $8,876.00 $0.00 $45,542.67
Total $1,100,000.00 $266,280.00 $0.00 $1,366,280.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Farmington, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Copyright 2026 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 August 2, 2026 3:01am

Data last updated: 2026-08-02T07:01:24.600Z

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