215 Bay Road, Farmington, NH, New Hampshire, property flyer

215 Bay Road, Farmington, NH, 03835 | $399,998

Rare Opportunity – 3-Family on 2+ Acres | Perfect for House Hackers & Investors! Welcome to 215 Bay Road – a one-of-a-kind, converted single family/barn now functioning as a legal 3-family home nestled on over 2 acres of peaceful, private land in Farmington, NH. This unique property blends rustic charm with incredible income potential, making it an ideal fit for house hackers, multi-generational living, or savvy investors looking to grow their portfolio. The property features three spacious units, with two currently rented and one unit vacant and ready for occupancy or your next tenant: Unit 1: Rented at $1, 500/month Unit 2: Vacant – move in or rent out for additional cash flow Unit 3: Rented at $850/month Whether you choose to live in one unit and let the other two cover your mortgage, or rent all three for passive income, the numbers make sense. There's also room to raise rents or make value-add upgrades to increase equity over time. Located just minutes from downtown Farmington, Route 11, and a short drive to the Lakes Region or Seacoast, this property offers country living with convenience. Outdoor lovers will enjoy the open yard space, mature trees, and privacy—plenty of room for gardens, gatherings, or even small-scale homesteading. Open House: Saturday, May 3rd, 2025 11-12: 30pm. Offers given as they come in. Buyer and buyer agent do own due diligence.

Features

Bedrooms: 5
Baths: 3 full
Units: 3
Style: Multi-Family
Year Built: 1800

Heating: Propane,Oil
Cooling: None
Basement: Full
Approx Sq. Feet: 4,012
Acreage: 3.42

Est. Taxes: $5,117
Lot Desc: Landscaped
MLS#: 5035275
Website: https://www.raveis.com
/prop/5035275/215bayroad_farmington_nh?source=qrflyer

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 5/7/2025
Listing courtesy of Four Points Real Estate Phone: 888-944-5827
Listing Agent: Andrew Bosco

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215 Bay Road, Farmington, NH, 03835

$399,998

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$319,998	$319,998	$319,998
Term	360 months	360 months	180 months
Initial Interest Rate**	6.375%	6.875%	5.875%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.007%	7.063%	6.132%
Monthly Tax Payment	$426	$426	$426
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$1,996	$2,102	$2,679
Total Monthly Payment	$2,497	$2,603	$3,180

* 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.