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  • Listed by: 

    Viktoria V Alkova,

    KW Coastal and Lakes & Mountains Realty 603-610-8500,

    Ethan Ash,

    KW Coastal and Lakes & Mountains Realty

    $886,500

    155 South Main Street, Franklin, NH 03235

    10beds
    5,125sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $173/sqft
    $-- HOA

    What's special

    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.
    33 days
    on Zillow
    |
    464
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 02:02pm

    Listed by:

    Viktoria V Alkova,

    KW Coastal and Lakes & Mountains Realty 603-610-8500,

    Ethan Ash,

    KW Coastal and Lakes & Mountains Realty

    Source: PrimeMLS,MLS#: 5049759MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Natural Gas, Oil, Hot Water
    Cooling
    • None
    Features
    • Flooring: Hardwood, Vinyl Plank
    • Basement: Crawl Space,Slab,Interior Entry
    Interior area
    • Total structure area: 7,151
    • Total interior livable area: 5,125 sqft
    • Finished area above ground: 5,125
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, On Site, Other, Parking Spaces 11 - 20
    Features
    • Levels: Two
    • Frontage length: Road frontage: 450
    Lot
    • Size: 0.54 Acres
    • Features: Level
    Details
    • Parcel number: FRKNM098B064L
    • Zoning description: B1W&S

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Slab
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & HOA

    Location
    • Region: Franklin

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $480,900
    • Annual tax amount: $8,247
    • Date on market: 7/3/2025
    • Road surface type: Gravel, Paved
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