Charming Historic Multi-Family Home in the Heart of Farmington. Solid 7.9% CAP. This stately property proudly boasts a wraparound porch and now houses five expansive apartment units, including four large one-bedroom apartments and a massive two-floor, three-bedroom unit created by combining two original units. The home has been updated with modern systems, updated kitchens featuring new cabinetry, and contemporary flooring throughout. Each apartment is equipped with efficient forced hot water baseboard heating. Tenants benefit from town water and sewer, and are individually metered for electricity. The property features a paved driveway and parking area, with additional on-street parking available. Located just a short walk from downtown Farmington, the home offers quick access to both the Lakes Region and the Seacoast. It’s only 20 minutes to Alton and Wolfeboro on Lake Winnipesaukee, 35 minutes to Portsmouth's renowned dining and shopping, and close to all the conveniences of Rochester and Route 11—including the beloved two-for-one specials at Johnson’s Dairy Bar. This is more than just an investment—it's a rare opportunity to own a piece of local history in a place people are proud to call home.
