12 Grondin Drive, Farmington, NH 03835

• 8 baths |
• 10,800 sqft

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.

Listing Status:

Active

Date Added:

July 21, 2026

Data Last Updated:

July 27, 2026 at 5:58PM

Listing Office:

EXP Realty : 888-398-7062

Listing Agent:

Justin Porter : 978-449-1378 : justin.porter@exprealty.com

MLS ID:

5100933

Interior

• A/C: None
• Heating: Electric

Exterior

• Style: Apartment Building

Construction

• Roofing: Asphalt Shingle
• General: OtherConcrete

Location

• Road/Access: Dirt
• County: Strafford

Lot

• Driveway: Dirt
• Zoning: RR

Utilities

• Utilities: Other
• Water: Private
• Sewer: Private