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: 2/11/2025, 3:20:48 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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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. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
Figure Skating
College Football
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Best Buy
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Texas Roadhouse
What do the neighbors drive?
Chevrolet
Buick
Ram
What do the neighbors listen to?
Country
Oldies
Contemporary Christian
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.
In January 2025 in Farmington, NH there were 100% more homes for sale than in December. While the average time on the market in January 2025 was 112 days, the median list price was $297,450.