155 South Main Street, Franklin, NH 03235

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
#1#2#3
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

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Home facts

  • Year built:1900
  • Listing Id #:5049759
  • Added:42 day(s) ago
  • Updated:August 15, 2025 at 12:41 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)
MLS LogoCopyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 15, 2025

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