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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

    $1,533,000

    406 - 414 Central Street, Franklin, NH 03235

    --beds
    --baths
    10,911sqft
    : 
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $141/sqft
    $-- HOA

    What's special

    Freshly paved parking areaSpacious one-bedroom unitsStudio apartmentsModern living spaces
    This attractive investment opportunity offers a strong mix of residential apartments and retail on the ground level. The majority of the units have been renovated, providing fresh, modern living spaces. Separately metered electric, paid by tenants, easy to manage! The retail units are either fully renovated or currently undergoing upgrades, further enhancing the property's appeal. The property is primarily 2 bedroom units, with 2 spacious one-bedroom units and 2 studio apartments. Signed three-year lease with annual rent escalations ensures long-term income growth and stability. Additional amenities include security cameras throughout the property for enhanced safety, a freshly paved parking area at the rear for added convenience, and coin-op laundry on site to serve residents while generating supplemental income. Located in Franklin, the property benefits from the ongoing development of Mill City Park and the city's designation as an Opportunity Zone, offering favorable tax incentives for future investors. Delayed showings begin 7/20/25. This property is part of a 39 unit portfolio sale and can be sold together or separately. See MLS 5049759 and 5050830 for the other units.
    38 days
    on Zillow
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    337
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    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 02:03pm

    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#: 5049763MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Full bathrooms: 8
    Heating
    • Natural Gas, Hot Water
    Cooling
    • None
    Features
    • Basement: Slab
    Interior area
    • Total structure area: 10,911
    • Total interior livable area: 10,911 sqft
    • Finished area above ground: 10,911
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, On Site, On Street, Other
    • Has uncovered spaces: Yes
    Features
    • Levels: 3
    • Frontage length: Road frontage: 60
    Lot
    • Size: 7,405.2 Square Feet
    • Features: Level
    Details
    • Zoning description: B2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Historic Vintage
    • Property subtype: Multi Family
    Materials
    • Brick Exterior
    • Foundation: Concrete Slab
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Electric: Other
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & HOA

    Location
    • Region: Franklin

    Financial & listing details

    • Price per square foot: $141/sqft
    • Annual tax amount: $11,226
    • Date on market: 7/20/2025
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