1. New Hampshire
2. Franklin
3. 155 South Main Street

155 South Main Street, Franklin, NH 03235

• 7 baths

Property Description

This listing courtesy of Viktoria V Alkova, KW Coastal and Lakes & Mountains Realty

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.

Listing Status:

Active

Date Added:

July 2, 2025 at 05:00AM

Listing Office:

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

Listing Agent:

Viktoria V Alkova : 646-577-1194

MLS ID:

5049759

Interior

• Basement: Crawl SpaceSlab
• Flooring: HardwoodVinyl Plank
• A/C: None
• Heating: Natural GasOilHot Water

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Viktoria V Alkova, KW Coastal and Lakes & Mountains Realty