#5028411, Jamie Poulin, Listing Office: KW Coastal and Lakes & Mountains Realty/Meredith

9-11 Worster St Farmington, NH 03835
Property details
About 9-11 Worster St
Well-maintained 11-unit multifamily property consisting of a 9-unit apartment building adjacent to a 2-unit duplex, totaling seven 2-bedroom apartments and four 1-bedroom apartments. This property has been significantly improved by the current owner and most units include vinyl plank flooring, fresh paint, and stainless steel appliances. Income is terrific with an average rent of $1,757/unit/month and ~$237K/year in total gross revenue, and further upside income potential exists for a new owner willing to renovate. The Landlord pays for heat, hot water, and cold water / sewer, and the tenants pay for electricity. The property’s ~$162K/year in NOI makes this listing a 8.6% cap at the asking price. The buildings’ shared parking lot accommodates 12-14 vehicles and additional street parking is available in the immediate vicinity. The property is only a couple minute walk to Farmington's downtown and is a commutable distance to Portsmouth (25 miles), Concord (33 miles), and Manchester (43 miles). Owner is a real estate licensee.
Highlights
Summary
- MLS Number: 5023203
- Office Name: Gray Property Group, LLC
- Office Phone: (603) 637-4812
- Office Email: ngray@graypropertygroup.com
- Listing Agent: Nick Gray
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Last updated on: 3/27/2025, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,875,000
9-11 Worster St
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Price information
Property sales
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Tax history
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Nearby schools
2
Valley View Community School
Public District PK-3
0.7 mi
•79 Thayer Dr
3
Milton Elementary School
Public District PK-5
3.9 mi
•8 School St
5
New Durham Elementary School
Public District KG-6
5.7 mi
•7 Old Bay Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,146. The majority of Farmington, NH residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 9-11 Worster St
This home is located at 9-11 Worster St in Farmington, NH and zip code 03835. This 7,223 square foot home, which was built in 1900, sits on a 0.26 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $1,875,000.
Over 3 listings were sold over their listed price in February 2025 in Farmington, NH. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Farmington, NH decreased by 17.6% between January and February 2025.