NOT LISTED FOR SALE

31 Spring St Franklin, NH 03235

-- Bed
3 Baths
2,520 Sq Ft
6,970 Sq Ft Lot

Last Sold February 03, 2022

Last sale price $260,000 $103 Per Sq Ft

92 Days on Market

About This Home

As of February 2022

This three unit Multi-Family is a fantastic investment opportunity. There are currently eleven bedrooms in all, with the smallest unit having three, but there's even more potential for a fourth unit in the oversized barn. This space can also be utilized as storage. Each unit has parking, newer heating systems, and use of the large common outdoor space. All conveniently located downtown, just blocks from the up and coming whitewater park! City water/sewer and trash pickup included. 35 Spring Street is also available (MLS 4889039) Both buildings can be purchased together for $475,000!

Last Agent to Sell the Property

Whitney Vachon

KW Coastal and Lakes & Mountains Realty/Meredith License #070397 Listed on: 11/01/2021

KW Coastal and Lakes & Mountains Realty/Meredith

Last Buyer's Agent

Jessica Stevenson

Sopris License #072410

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3-Story Property

Basement

  • Partial Basement
  • Interior Basement Entry

Schools

  • Paul A. Smith Elementary School
  • Franklin Middle School
  • Franklin High School

Utilities

  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Available at Street
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $1,545
  • Gross Income $34,728
  • Net Operating Income $30,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,617

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Central Street, LEFT onto Prospect Street, RIGHT onto Spring Street, home on the RIGHT. See sign. ** ONE WAY STREET.
  • Flood Zone: Unknown
  • Assessment Amount: 114600
  • Assessment Year: 2020
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 103.17
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5040
  • Sq Ft - Apx Total Finished: 2520
  • Year Built: 1900
  • Remarks Public: This three unit Multi-Family is a fantastic investment opportunity. There are currently eleven bedrooms in all, with the smallest unit having three, but there's even more potential for a fourth unit in the oversized barn. This space can also be utilized as storage. Each unit has parking, newer heating systems, and use of the large common outdoor space. All conveniently located downtown, just blocks from the up and coming whitewater park! City water/sewer and trash pickup included. 35 Spring Street is also available (MLS 4889039) Both buildings can be purchased together for $475,000!
  • List Agent: 24165
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partial
  • Sq Ft - Apx Finished AG: 2520
  • Sq Ft - Apx Unfinished AG: 2520

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Shingle - Asphalt

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Monitor Type
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 3
  • Utilities: Cable, Gas - At Street, Internet - Cable

Schools

  • School District: Franklin School District
  • Elementary School: Paul A. Smith School
  • Middle School: Franklin Middle School
  • High School: Franklin High School
  • Elementary School: Paul A. Smith School
  • High School: Franklin High School

Lot Info

  • Map: 000117
  • Lot: 000000
  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R3W&S
  • Deed Book: 3573
  • Deed Page: 1090
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 34728
  • Net Income: 30333
  • Total Full Baths: 3
  • Total Units: 3
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 2617
  • Tax Year: 2020

MLS Schools

  • School District: Franklin School District
  • School Middle Jr: Franklin Middle School

Range of Values:

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Sold Price
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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
02/05/2022 02/05/22 Off Market $260,000 -- --
02/03/2022 02/03/22 Sold $260,000 0.0% $103 / Sq Ft
02/02/2022 02/02/22 Off Market $260,000 -- --
02/01/2022 02/01/22 Pending -- -- --
12/05/2021 12/05/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $250,000 +127.3% $99 / Sq Ft
10/12/2017 10/12/17 Sold $110,000 -11.9% $30 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $124,900 -- $34 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4889038

PrimeMLS

APN: FRKN M:117 B:240 L: