155 South Main Street, Franklin, NH 03235
Local realty services provided by:ERA Key Realty Services
155 South Main Street,Franklin, NH 03235
$886,500
- - Beds
- - Baths
- 5,125 sq. ft.
- Multi-family
- Active
Listed by:viktoria alkova
Office:kw coastal and lakes & mountains realty
MLS#:5049759
Source:PrimeMLS
Price summary
- Price:$886,500
- Price per sq. ft.:$123.97
About this home
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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Home facts
- Year built:1900
- Listing ID #:5049759
- Added:90 day(s) ago
- Updated:October 01, 2025 at 10:24 AM
Rooms and interior
- Living area:5,125 sq. ft.
Heating and cooling
- Heating:Hot Water, Oil
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:5,125 sq. ft.
- Lot area:0.54 Acres
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$886,500
- Price per sq. ft.:$123.97
- Tax amount:$8,247 (2024)
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