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12 Grondin Drive, 
Farmington, NH 03835

$1,375,000


16

Beds


8

Baths


10,800

Sq Ft


Multi-Family

Active

Listed by

Justin Porter, Phone: 978-449-1378

eXp Realty

888-398-7062

Last updated:

October 12, 2026, 11:10 AM

MLS#

5100933

Source:

PrimeMLS

About This Home

12 Grondin Drive

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.

Home Facts

Multi-Family

8 Baths

16 Bedrooms

Built in 1980

Price Summary

1,375,000

$127 per Sq. Ft.

MLS #:

5100933

Last Updated:

October 12, 2026, 11:10 AM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

16

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

10,800 Sq. Ft.


Structure

Structure

Building Area:

10,800 Sq. Ft.

Year Built:

1980


Lot

Lot Size (Sq. Ft):

137,650


Finances & Disclosures

Finances

Price:

$1,375,000

Price per Sq. Ft:

$127 per Sq. Ft.

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Copyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 12, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.