$1,533,000

406 - 414 Central Street, Franklin, NH 03235

  • 8 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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

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.

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:
5049763
  • Basement: Slab
  • A/C: None
  • Heating: Natural GasHot Water

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

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

F

Franklin Middle School

200 Sanborn St, Franklin, NH, 03235

Grades 4-8

0.57 miles away

F

Franklin Middle School

200 Sanborn St, Franklin, NH, 03235

Grades 4-8

0.57 miles away

F

Franklin High School

115 Central St, Franklin, NH, 03235

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.