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603-860-0758
W Sgman Real Estate
155 S Main St, Franklin, NH 03235
- $886,500
- 5,125
- SqFt
Listing courtesy of Viktoria V Alkova from KW Coastal and Lakes & Mountains Realty. ()
Listing sold by from A Non PrimeMLS Agency
- Sold Price
- $886,500
- List Price
- $886,500
- Status
- CLOSED
- MLS#
- 5049759
- Closing Date
- Oct 29, 2025
- Living Area
- 5,125
- Lot Size
- 23,522
- Acres
- 0.54
- Year Built
- 1900
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. This property is part of a 39 unit portfolio sale and can be sold together or separately. See MLS 5049763 and 5050830 for the other units.
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Additional Information
- Taxes
- $8,247
- Listing Agent
- Viktoria V Alkova
- Listing Office
- KW Coastal and Lakes & Mountains Realty
- Style
- Multi-Family
- Electric
- Circuit Breakers
- Utilities
- Cable Available
- Basement
- Crawl Space, Slab
- Foundation
- Slab
- Sewer
- Public Sewer
- Roof
- Asphalt
- Zoning
- B1W&S
- Water
- Public
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