406 - 414 Central Street, Franklin, NH 03235

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
406 - 414 Central Street,Franklin, NH 03235
$1,533,000
  • - Beds
  • - Baths
  • 10,911 sq. ft.
  • Multi-family
  • Active
Listed by:viktoria alkova
Office:kw coastal and lakes & mountains realty
MLS#:5049763
Source:PrimeMLS

Price summary

  • Price:$1,533,000
  • Price per sq. ft.:$140.5

About this home

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

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing Id #:5049763
  • Added:42 day(s) ago
  • Updated:August 15, 2025 at 12:41 AM

Rooms and interior

  • Living area:10,911 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Flat
  • Year built:1920
  • Building area:10,911 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$1,533,000
  • Price per sq. ft.:$140.5
  • Tax amount:$11,226 (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