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Presented by
LoPresto Allard Team |
Charming Historic Multi-Family Home in the Heart of Farmington. Solid 7. 18% CAP. This stately property proudly boasts a wraparound porch and now houses five expansive apartment units, including four large one-bedroom apartments and a massive two-floor, three-bedroom unit created by combining two original units. The home has been updated with modern systems, updated kitchens featuring new cabinetry, and contemporary flooring throughout. Each apartment is equipped with efficient forced hot water baseboard heating. Tenants benefit from town water and sewer, and are individually metered for electricity. The property features a paved driveway and parking area, with additional on-street parking available. Located just a short walk from downtown Farmington, the home offers quick access to both the Lakes Region and the Seacoast. It’s only 20 minutes to Alton and Wolfeboro on Lake Winnipesaukee, 35 minutes to Portsmouth's renowned dining and shopping, and close to all the conveniences of Rochester and Route 11—including the beloved two-for-one specials at Johnson’s Dairy Bar. This is more than just an investment—it's a rare opportunity to own a piece of local history in a place people are proud to call home.
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 PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/11/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$680,000
Sales Associates
William Raveis Real Estate
Phone: 774.722.0461
LoPrestoAllardTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $544,000 | $544,000 | $544,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | $873 | $873 | $873 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,132 | $3,258 | $4,373 |
| Total Monthly Payment | $4,097 | $4,223 | $5,338 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.