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$1,095,000

60 Charles Street
Farmington, NH 03835
Listed by David Christensen · EXP Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1988

About this home

INVESTORS DREAM! 4-UNITS FULLY OCCUPIED WITH LEASES IN PLACE! Completely renovated 4-unit multifamily on approximately 1 acre is a lucrative turnkey investment opportunity with expansion potential for 4 additonal units! Originally built in 1988 and thoughtfully converted from a single-family, this property now features four spacious 2-bedroom, 1-bath units, each updated for modern living and low-maintenance ownership. All units include brand new stainless steel appliances, flooring, paint, plumbing and electrical fixtures, and individual Navien high-efficiency propane combi boilers. Additional upgrades include vinyl windows, exterior doors, new exterior stairs and landings, and separate electrical panels. Each unit offers open-concept kitchen/living space, in-unit laundry hookups, and dual front/rear entrances. Unit layouts include approximately 1,125 SF (one with bonus flex space), 1,082 SF, 991 SF, and 832 SF, providing a range of comfortable living options. Property features vinyl siding, public water and sewer, a large paved parking area, and fire-rated separation between units. Propane tanks onsite (2 per unit, via Eastern Propane). Value-add potential includes basement storage rental income, possible condominium conversion, and opportunity to develop additional units (buyer to verify). Located in a flexible zoning district allowing multiple uses. Turnkey condition with strong income potential and future upside.

Property details

MLS #
5100435
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
26
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Valley View Community School
0.59 mi away · Grades -1-3
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
237
Student:teacher ratio
7.4:1
District
Farmington School District
Middle
Henry Wilson Memorial School
0.46 mi away · Grades 4-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
295
Student:teacher ratio
8.4:1
District
Farmington School District
High
Farmington Senior High School
0.49 mi away · Grades 9-13
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
249
Student:teacher ratio
10.4:1
District
Farmington School District

Mortgage calculator

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Est. monthly payment
$6,744/mo
$219,000 down
$876,000 loan
Principal & interest$5,682
Property tax (est.)$913
Home insurance (est.)$150

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