BEDS16
BATHS8 full
SQUARE FEET10,800
MLS#5100933
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Listing Courtesy of:
EXP Realty
Agency Contact: Phone: 978-449-1378
Associate Name: Justin Porter
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Garage: 8
Heating: Electric
Home Style: Apartment Building
Lot Size: 3.16 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $8,876
Year Built: 1980
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1750.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1350.00
Square Footage: 1350
Unit 5:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Square Footage: 1350
Unit 6:
Bathroom(s): 1
Bedrooms: 2
Rent: $1825.00
Square Footage: 1350
Unit 7:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 8:
Bathroom(s): 1
Bedrooms: 2
Rent: $1825.00
Feature Descriptions
Construction: Other
Construction Status: Existing
Days on Site: 5
Driveway: Dirt
Driveway: Dirt
Electric: 100 Amp Service
Exterior: Other
Flood Zone: Unknown
Foundation: Concrete
Foundation: Concrete
Lot: Other
Roads: Dirt
Sewer: Private
Sq. Ft. Total Finished: 10800
Total Stories: 2
Units: 8
Water: Private
Zoning: RR
Listed By / Shown By
Listed By
Agency Name: EXP Realty
Agency Contact: Phone: 978-449-1378
Agent Name: Justin Porter
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,200.86 per month $3,060.15 Principal & Interest $739.67 Property Tax $401.04 Homeowner's Insurance
Listing data compilation and photo(s) 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 2026-07-26 23:33:07 
12 Grondin Drive | MLS# 5100933
This multi-family property located at 12 Grondin Drive, Farmington, NH 03835 is currently listed for sale with an asking price of $1,375,000. Search Farmington real estate on www.masiellogrouprealestate.com today.