NH > Franklin
Franklin, NH 03235,155 South Main ST
Franklin, NH 03235,155 South Main ST
Franklin, NH 03235,155 South Main ST
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Jonathan Bombaci

Jonathan Bombaci

+1(978) 710-5616
Listed by Viktoria V Alkova • KW Coastal and Lakes & Mountains Realty
$886,500
Est. payment /mo
10 Beds
7 Baths
5,125 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,125 sqft

Price per Sqft $172

MLS Listing ID 5049759

Bedrooms 10

Full Baths 7

Construction Status Existing

Year Built 1900

Annual Tax Amount $8,247

Tax Year 2024

Lot Size 0.540 Acres

Acres 0.54

Property Description

Located in the city of Franklin, New Hampshire's Lakes Region, this stabilized multifamily property features a total of seven residential units. Tenants are responsible for their own heat and electricity, helping to reduce operational expenses and management overhead. Units 1, 4, and 7 have been fully renovated, while the remaining units have received some updates and are well-maintained. Major system upgrades have been completed, including a new boiler for Unit 5. A variance is currently in process to allow for the construction of a single-family home on the rear portion of the lot, replacing a prior structure—unlocking future development potential. The property also includes a heated barn for storage and offers generous on-site parking. Situated in a designated Opportunity Zone, this property combines immediate cash flow, recent capital improvements, and long-term development upside in a desirable location.

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning B1W&S

Rooms

Basement Entrance Interior

Basement Crawl Space, Slab

Interior

Cooling None

Flooring Hardwood, Vinyl Plank

Exterior

Garage Description On-Site, Other, Parking Spaces 11 - 20

Utilities Available Cable

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Slab - Concrete

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

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