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9-11 Worster Street, Farmington, NH 03835
$1,210,000
9-11 Worster Street, Farmington, NH 03835View this property at 9-11 Worster Street, Farmington, NH 03835
9-11 Worster StreetFarmingtonNH03835
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Property Description
Listed at a 8.48% cap rate on current income and $127,273 per unit, the Property includes two adjacent buildings at 9 and 11 Worster St containing eleven (11) rental units on a 0.26-acre parcel. The Properties contain eleven (11) Residential Units made up of three (3), 1-Bedroom/1-Bathroom units, three (3), 1+Bedroom/1-Bathroom units, and five (5), 2-Bedroom/1-Bathroom units. With below-market rents, the opportunity exists to upgrade the exteriors and common areas of the buildings and the unrenovated unit interiors to increase rental rates in a highly desirable residential market positioned just north of Rochester, New Hampshire. The Properties are located on a quiet tree-lined street in a residential neighborhood in the center of Farmington, New Hampshire. The Properties are one block from Main Street and enjoy convenient access to the town's restaurants, schools, and numerous parks and recreation areas. The Properties are a short walk from several area restaurants (Dough Boys Pizzeria, Farmington House of Pizza, The Joint Bar & Grill, Imperial Garden), a few convenience stores (Cumberland Farms and Mills Market), and are less than 1-mile from a Rite Aid. The Properties offer convenient access to New Hampshire's largest markets including Portsmouth (25-miles away), Concord (33-miles away), and Manchester (43-miles away). The Properties offer close proximity to Portsmouth, offering a quaint blend of history and coastal charm.
Full Property Details
Full Property Details for 9-11 Worster St
General
- Sold For: $1,210,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 4972764
- Added to Site: 219 day(s) ago
Location
- County: Strafford
- Driving Directions: Take Main St to Civic St, then Left on to Worster St. Properties will be on your right
Heating & Cooling
- Cooling Type: None
- Heating Type: House Unit
- Heating Fuel: Oil
- Water Heater: Oil
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Architectural Style: Multi-Family
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Asbestos, Vinyl Siding
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Interior Access
- Roof: Metal
- Stories/Levels: 3
- Finished Total: 7,223 Sq. Ft.
- Finished Above Grnd: 7,223 Sq. Ft.
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 3
- 2 Bedroom Units: 8
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,326
- Frontage: Yes Road Frontage
- Frontage Feet: 9
- Street/Road Desc.: Paved
- Driveway/Sidewalk: Gravel
- Zoning: UR
- Lot Description: Other
Financial Considerations
- Price Per Sq. Ft.: $193.83
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Block: 36
Listed by Horvath & Tremblay LLC, William Peck
Sold by Gray Property Group, LLC, Timothy. Baxter
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Schools
Schools serving 9-11 Worster St
Rating | Name | Grades | Distance |
---|---|---|---|
79 Thayer Dr, Farmington, NH 03835 | PK-3 | 0.7 mi | |
8 School St, Milton, NH 03851 | PK-5 | 3.9 mi | |
59 Brock St, Rochester, NH 03867 | PK-5 | 7.7 mi | |
47 Brock St, Rochester, NH 03867 | 6-8 | 7.8 mi | |
7 Memorial Dr, Somersworth, NH 03878 | 6-8 | 13.4 mi | |
33 Prescott Rd, Epping, NH 03042 | 6-8 | 23.9 mi | |
1 Thayer Dr, Farmington, NH 03835 | 9-12 | 0.5 mi | |
150 Wakefield St Ste 8, Rochester, NH 03867 | 9-12 | 6.7 mi | |
130 Wakefield St, Rochester, NH 03867 | 9-12 | 6.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9-11 Worster St
Date
Details
Price
Change
Source
1/30/2024
Sold
$1,210,000
-13.57%
MLS
10/04/2023
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9-11 Worster Street, Farmington, NH 03835 (MLS# 4972764) is a Multi-Family property that was sold at $1,210,000 on January 30, 2024. Want to learn more about 9-11 Worster Street? Do you have questions about finding other Multi-Family real estate for sale in Farmington? You can browse all Farmington real estate or contact a Coldwell Banker agent to request more information.