NOT LISTED FOR SALE

33 Memorial St Franklin, NH 03235

10 Beds
4 Baths
4,472 Sq Ft
5,663 Sq Ft Lot

Last Sold May 25, 2018

Last sale price $180,000 $40 Per Sq Ft

Highlights

  • 1 Car Attached Garage
  • Carpet
  • 1-minute walk to City Of Franklin
  • Baseboard Heating

About This Home

As of May 2018

Franklin, NH 03235 - An opportunity for what appears to be a great investment property in the ever changing and exciting downtown marketplace of Franklin NH. This building has 4 residential units, 3 – 3 bedroom units and 1 studio, plus a commercial space that is presently 2 units but could be 1 large unit easily, and a garage space. The present monthly income is $3,450.00. All present tenants are up to date with rent and pay on time. Every tenants is responsible for their own heat, electric and hot water. The owner pays taxes, insurance, water/sewer and upkeep. The property is serviced by municipal water/sewer, electric through Eversource and natural gas through Liberty Utilities. The apartments are in good shape and the tenants appear to be happy to live here. Across the street, there are other apartments being created which could help you with an idea for the commercial space. Let’s take a look and see if this fits your investment idea. Seller is a New Hampshire licensed REALTOR.

Last Agent to Sell the Property

Christopher Kelly

RE/MAX Innovative Bayside License #041942 Listed on: 05/25/2018

RE/MAX Innovative Bayside

Last Buyer's Agent

Marsha Foden

Central Gold Key Realty License #062989

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $0

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Attached Garage
  • Shared Driveway
  • Assigned Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,472 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Schools

  • Franklin Middle School
  • Franklin High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • 100 Amp Service
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 147

Community Details

Overview

  • 5 Units
  • Bayside Rentals Association, Phone Number (603) 527-8133

Building Details

  • 5 Separate Gas Meters

Property Details

Home Type

Apartment

Est. Annual Taxes

$0

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Central Street Franklin to Memorial Street to property on the right.
  • Flood Zone: Unknown
  • Footprint: 51 x 90
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 40.25
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4472
  • Sq Ft - Apx Total Finished: 4472
  • Year Built: 1930
  • List Agent: 9195
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Dirt Floor, Unfinished
  • Sq Ft - Apx Finished AG: 4472

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared
  • Exterior: Vinyl, Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane, Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Parking: Parking Spaces 4
  • Garage: Yes
  • Garage Description: Assigned
  • Garage Type: Attached

Utilities

  • Cable Company: Metrocast
  • Electric: 100 Amp, 200 Amp, Circuit Breaker(s)
  • Fuel Company: Liberty Utilities
  • Sewer: Public Sewer at Street, Public Sewer On-Site
  • Water: Public, Public Water - At Street, Public Water - On-Site
  • Water Heater: Electric, Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Direct Vent, Hot Water
  • Electric Company: Eversource
  • Total Electric Meters: 5
  • Total Gas Meters: 5
  • Total Ranges: 4
  • Total Refrigerators: 3
  • Total Water Heaters: 4
  • Trash: Cans, Municipal, Tenant
  • Utilities: Cable - At Site, Cable - Available, Telephone At Site, Telephone Available

Condo/Co-op/Association

  • Mgmt Co Phone: 603-527-8133
  • Management Company: Bayside Rentals

Schools

  • High School: Franklin High School

Lot Info

  • Map: 117
  • Lot: 147
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: B2
  • Deed Book: 3464
  • Deed Page: 2214
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Year: 2015

Multi Family

  • Total Full Baths: 4
  • Total Units: 5
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 3

MLS Schools

  • School District: Franklin/Hill Sch Dsct SAU #18
  • School Middle Jr: Franklin Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
May 25, 2018
Sold by
Archibald Gail
Bought by
Franklin Business & Ind
Seller's Agent
Christopher Kelly
RE/MAX Innovative Bayside
Buyer's Agent
Marsha Foden
Central Gold Key Realty
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$172,207
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2014
Sold by
Morway Richard J
Bought by
31Ms Llc

Purchase Details

Closed on
May 19, 1997
Sold by
Dunlop Laurie A
Bought by
Suldenski John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.12%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Franklin Business & Ind $180,000 --
31Ms Llc -- --
Suldenski John J $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Business & Ind $200,000
Previous Owner Suldenski John J $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $180,000 0.0% $40 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $180,000 -- $40 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $0 $57,700 $57,100 $600
2023 $0 $57,700 $57,100 $600
2022 $0 $46,400 $45,900 $500
2021 $0 $46,400 $45,900 $500
2020 $0 $46,400 $45,900 $500
2019 $0 $46,400 $45,900 $500
2018 $3,081 $140,300 $76,400 $63,900
2017 $2,924 $114,400 $40,500 $73,900
2016 $2,886 $114,400 $40,500 $73,900
2015 $1,958 $78,470 $28,350 $50,120
2011 $2,727 $126,700 $34,000 $92,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4695625

PrimeMLS

APN: FRKN-000117-000147