



Excellent investment opportunity in Farmington! This 5-unit multifamily property offers a desirable mix of three 1-bedroom units and two 2-bedroom units, generating $96,480 in annual gross income with reported operating expenses of $18,890 and net income of $77,590. Current scheduled rents total $8,040 per month. The property offers approximately 3,248 square feet of finished living area on a 0.22-acre city lot. Convenient public water and sewer, propane forced-air heat, paved driveway, and vinyl siding help make this a straightforward addition to an investment portfolio. Located on a public-maintained road with approximately 170 feet of road frontage. Whether you're looking to expand an existing portfolio or acquire a substantial income-producing property, 11 Orange Street offers five units under one roof with established rental income from day one.
| Year | Tax amount | |
|---|---|---|
| 2026 | USD $8868 | NZD $15,850* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Century 21 North East
Property ID: 110110274038
Original Property ID: 3yd-NNERENNH-5110747