NOT LISTED FOR SALE

14 W Bow St Franklin, NH 03235

-- Bed
-- Bath
49,852 Sq Ft
1 Acres

Last Sold March 09, 2022

Last sale price $4,720,000 $95 Per Sq Ft

119 Days on Market

Highlights

  • 1 Acre Lot
  • Heating System Uses Steam
  • High Speed Internet
  • Baseboard Heating
  • Asbestos
  • 4-minute walk to City Of Franklin

About This Home

As of March 2022

Elm Grove Realty is please to present this unique portfolio offering of 59 units in Franklin, NH and Pittsfield, NH. Comprised of six properties in Franklin and two properties in Pittsfield, this portfolio, after seeing significant capital improvement shortly after purchase, has been carefully managed and maintained for almost a decade. A well-balanced mix of units are featured across the portfolio with everything from well-kept, efficiently laid out, studio apartments, to sprawling three-story townhouse-style units featuring five bedrooms and multiple bathrooms, and everything in between. Six of the buildings are located in or around the heart of Franklin, a modest town that is on track for redevelopment with many, significant investments made into the downtown area in preparation for the first-in-state whitewater park. The remaining two buildings are on abutting parcels in downtown Pittsfield, less than a twenty minute drive from the state capital. This portfolio provides a mix of stable, long-term tenants and more recently move-ins with stronger rental rates. Opportunity exists for a new owner to increase rental income or decrease operating expenses to further improve the performance of this portfolio. Property addresses include (Franklin) 14 W Bow, 11 E Bow, 160 Central, 39 Elkins, 61 S Main, and 63 E Bow, & (Pittsfield) 9 Carroll and 13 Carroll. Financials and additional details available upon request.

Last Agent to Sell the Property

Chris Schleyer

Elm Grove Realty License #067883 Listed on: 07/02/2021

Last Buyer's Agent

Matt Swierk

Keller Williams Realty/Merrimack Valley

Keller Williams Realty/Merrimack Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot
  • Lot Sloped Up

Home Design

  • Brick Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Metal Roof
  • Clap Board Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 49,852 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Walk-Up Access

Parking

  • Dirt Driveway
  • Paved Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 59 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: PORTFOLIO LISTING SEE MARKETING PACKAGE
  • Flood Zone: Unknown
  • Construction: Existing
  • Seasonal: Unknown
  • Total Stories: 3
  • Price Per Sq Ft: 94.68
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 49852
  • Sq Ft - Apx Total Finished: 49852
  • Year Built: 1900
  • Remarks Public: Now available is this unique portfolio offering of 59 units in Franklin, NH and Pittsfield, NH. Comprised of six properties in Franklin and two properties in Pittsfield, this portfolio, after seeing significant capital improvement shortly after purchase, has been carefully managed and maintained for almost a decade. A well-balanced mix of units are featured across the portfolio with everything from well-kept, efficiently laid out, studio apartments, to sprawling three-story townhouse-style units featuring five bedrooms and multiple bathrooms, and everything in between. Six of the buildings are located in or around the heart of Franklin, a modest town that is on track for redevelopment with many, significant investments made into the downtown area in preparation for the first-in-state whitewater park. The remaining two buildings are on abutting parcels in downtown Pittsfield, less than a twenty minute drive from the state capital. This portfolio provides a mix of stable, long-term tenants and more recently move-ins with stronger rental rates. Opportunity exists for a new owner to increase rental income or decrease operating expenses to further improve the performance of this portfolio. Property addresses include (Franklin) 14 W Bow, 11 E Bow, 160 Central, 39 Elkins, 61 S Main, and 63 E Bow, & (Pittsfield) 9 Carroll and 13 Carroll. Financials and additional details available upon request.
  • List Agent: 22307
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 49852

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Paved
  • Exterior: Asbestos, Clapboard, Vinyl Siding
  • Foundation: Brick, Fieldstone, Slab - Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane, Metal, Shingle - Asphalt
  • Easements: Unknown

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Direct Vent, Steam
  • Separate Utilities: Varies
  • Utilities: Cable, Internet - Fiber Optic, Phone

Lot Info

  • Lot Sq Ft: 43560
  • Lot Acres: 1
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R
  • Deed Book: 3234
  • Deed Page: 677
  • Deed Recorded Type: Quit Claim

Tax Info

  • Taxes TBD: Yes

Multi Family

  • Total Units: 59

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $4,720,000 0.0% $95 / Sq Ft
03/04/2022 03/04/22 Off Market $4,720,000 -- --
02/01/2022 02/01/22 Off Market $4,720,000 -- --
10/29/2021 10/29/21 Pending -- -- --
10/08/2021 10/08/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $5,100,000 -- $102 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris Schleyer

    Seller's Agent in 2022

    Chris Schleyer

    Elm Grove Realty

    (561) 629-6154

    1 in this area

    7 Total Sales

    Chris Schleyer
    Section Image

  • M

    Buyer's Agent in 2022

    Matt Swierk

    Keller Williams Realty/Merrimack Valley

    (877) 270-2611

    1 in this area

    15 Total Sales

    Matt Swierk
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4870134

PrimeMLS

New Hampshire Merrimack County Franklin 03235

14 W Bow St, Franklin, NH

This home is located at 14 W Bow St, Franklin, NH 03235 since 02 July 2021. This property was built in 1900. 14 W Bow St is a home located in Merrimack County with nearby schools including Paul A. Smith School, Franklin Middle School, and Franklin High School.

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