$835,000

41 Grove St Farmington, NH 03835

Estimated payment $5,214/month

Total Views 2,719
-- Bed
-- Bath
3,618 Sq Ft
$231 Price per Sq Ft

About This Home

41 Grove St contains three (3) 1-Bedroom/1-Bathroom units, two (2) 2-Bedroom/1-Bathroom units, and one (1) 2-Room Studio unit and is situated upon a 0.26-acre parcel and offers ample off-street parking spaces situated behind the property. The Landlord is responsible for providing oil heat, oil hot water, common area electric, and domestic water and sewer. The Property is separately metered for electricity, which the tenants pay directly. In-place rents are below current market levels, offering an opportunity to modernize unit interiors and common areas to capture higher rental income. The town’s limited multi-family inventory, strong local demand, and convenient access to nearby employment centers create a favorable environment for rental growth in this supply-constrained residential market. The Property is situated in an emerging market that is just off the Maine border and a short ride from the prime locations of Portsmouth, NH and Kittery, ME. 41 Grove St benefits from proximity to major routes, including Route 11 and Route 153, offering easy connections throughout Strafford County and into southern Maine. Farmington, NH offers a charming small-town atmosphere with a walkable downtown featuring local shops, restaurants, and community services. Residents and visitors also enjoy nearby parks, the Cocheco River, and easy access to hiking, biking, and seasonal outdoor recreation.

Listing Agent

Will Peck

Horvath & Tremblay LLC License #074816 Listed on: 10/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Basement
  • Interior Basement Entry

Listing and Financial Details

  • Tax Block 160
  • Assessor Parcel Number U05

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $101,640
  • Net Operating Income $65,832

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: Unknown
  • Architectural Style: Other
  • ResoLotFeatures: Other
  • Road Frontage Type: Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 3618.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Above_Grade_Unfinished_Area_Source: Assessor
  • Below_Grade_Unfinished_Area_Source: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Other
  • Roof: Asphalt Shingle
  • Construction Type: Vinyl Siding
  • Foundation Details: Other

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil
  • Cooling: Other
  • Utilities: Other
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: R
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11326.0

Multi Family

  • Gross Income: 101640.0
  • Number Of Units Total: 6
  • Net Operating Income: 65832.0

Tax Info

  • Tax Block: 160
  • Tax Lot: 000
  • Tax Map Number: U05

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2025 10/14/25 For Sale $835,000 +51.8% $231 / Sq Ft
03/14/2022 03/14/22 Sold $550,000 -18.5% $151 / Sq Ft View Prior Sale
12/23/2021 12/23/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $675,000 -- $186 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5065630

PrimeMLS