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60 Charles Street, Farmington, NH, 03835

8beds
4baths
4,600sqft
$1,095,000
$238price/sqft
$7,708/moest. monthly cost
$308,320/yrincome needed

About This Home

INVESTORS DREAM! 4-UNITS FULLY OCCUPIED WITH LEASES IN PLACE! Completely renovated 4-unit multifamily on approximately 1 acre is a lucrative turnkey investment opportunity with expansion potential for 4 additonal units! Originally built in 1988 and thoughtfully converted from a single-family, this property now features four spacious 2-bedroom, 1-bath units, each updated for modern living and low-maintenance ownership. All units include brand new stainless steel appliances, flooring, paint, plumbing and electrical fixtures, and individual Navien high-efficiency propane combi boilers. Additional upgrades include vinyl windows, exterior doors, new exterior stairs and landings, and separate electrical panels. Each unit offers open-concept kitchen/living space, in-unit laundry hookups, and dual front/rear entrances. Unit layouts include approximately 1,125 SF (one with bonus flex space), 1,082 SF, 991 SF, and 832 SF, providing a range of comfortable living options. Property features vinyl siding, public water and sewer, a large paved parking area, and fire-rated separation between units. Propane tanks onsite (2 per unit, via Eastern Propane). Value-add potential includes basement storage rental income, possible condominium conversion, and opportunity to develop additional units (buyer to verify). Located in a flexible zoning district allowing multiple uses. Turnkey condition with strong income potential and future upside.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Concrete
  • Roof: Asphalt Shingle
  • Construction materials: Wood Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 4,600

Heating & Cooling

  • Heating features: Propane,Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 6,224
  • Total interior livable area: 4,600 sqft

Property

Details

  • Parcel number: FRMNMU11L056S00U0
  • Zoning description: RR

Features

  • Levels: Two

Lot

  • Lot size: 1 Acres
  • Features: Level

Parking

  • Parking features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across New Hampshire Counties

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,536$66,432
Home Insurance $291$3,492
Property Taxes $1,208$14,496
Electricity $673$8,083
Total$7,708$92,496

Income You'd Need if You Spent...

35% on housing$264,274/yr
40% on housing$231,240/yr
45% on housing$205,546/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$238This listing

vs Other Active Listings

Avg $/sqft

ZIP 03835$167
Strafford County$256

vs Homes Sold Last Month

Median $/sqft

ZIP 03835$291
Strafford County$293

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-17Listed for sale$1,095,000
2026-05-24Listing removed$2,095
2026-05-05Price change$2,095
2026-05-03Price change$1,995
2026-04-25Listed for rent$2,195
2026-04-24Listing removed$2,300
2026-04-22Listed for rent$2,300
2026-03-25Listing removed$1,100,000
2026-03-21Listed for sale$1,100,000
2025-03-04Sold$420,000
2025-01-06Contingent$450,000
2024-10-15Price change$450,000
2024-08-23Price change$550,000
2024-07-20Listed for sale$650,000
2018-09-28Sold$235,000
2018-08-08Price change$239,900
2018-07-13Price change$240,900
2018-06-13Listed for sale$241,900
2017-07-14Listing removed$248,900
2017-06-26Price change$248,900
2017-05-12Listed for sale$249,900
2014-08-01Sold$121,000

For Sale by Agent

AgentDavid Christensen
BrokerageEXP Realty

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