NOT LISTED FOR SALE

399 N Main St Franklin, NH 03235

4 Beds
4 Baths
2,224 Sq Ft
0.33 Acres

Last Sold September 12, 2023

Last sale price $335,000 $151 Per Sq Ft

6 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Walk-Up Access

About This Home

As of September 2023

Fully occupied 4 units, 1 bedroom each new hot water heaters and natural gas heat systems, renovated common area, completed fire safety compliance for the City of Franklin 2022 tenants pay heat, electric and hot water Even with under market rents this property yields a 7.3% cap rate Seller is a NH Licensed Real Estate Agent Showings by appointment 48 hours notice appreciated

Last Agent to Sell the Property

Bobbi-Jo Plamondon

RE/MAX Synergy License #065570 Listed on: 05/16/2023

RE/MAX Synergy

Last Buyer's Agent

Jennifer Cartier

KW Coastal and Lakes & Mountains Realty

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,478

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,224 Sq Ft Home
  • 1.75-Story Property
  • Walk-Up Access

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $8,100
  • Gross Income $32,000
  • Net Operating Income $23,900

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,478

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: GPS works well
  • Footprint: 31 x 41
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 150.63
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3495
  • Sq Ft - Apx Total Finished: 2224
  • Year Built: 1920
  • List Agent: 23880
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Gravel
  • Sq Ft - Apx Finished AG: 2224
  • Sq Ft - Apx Unfinished BG: 1271

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Gas Heater
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Trash: Curbside, Municipal
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Schools

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

Lot Info

  • Map: 96
  • Lot: 12
  • Lot Sq Ft: 14375
  • Lot Acres: 0.33
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: B1W&S
  • Deed Book: 3584
  • Deed Page: 0910
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 32000
  • Net Income: 23900
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 3478.01
  • Tax Year: 2022

MLS Schools

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2023 09/12/23 Sold $335,000 +3.1% $151 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $325,000 +140.7% $146 / Sq Ft
01/26/2018 01/26/18 Sold $135,000 0.0% $53 / Sq Ft View Prior Sale
12/16/2017 12/16/17 Off Market $135,000 -- --
10/27/2017 10/27/17 Price Changed $139,900 -6.7% $55 / Sq Ft
09/01/2017 09/01/17 For Sale $149,900 +10.6% $59 / Sq Ft
12/13/2013 12/13/13 Sold $135,500 -6.5% $53 / Sq Ft View Prior Sale
11/06/2013 11/06/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $144,900 -- $57 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bobbi-Jo Plamondon

    RE/MAX

    (603) 568-0500

    1 in this area

    50 Total Sales

    Bobbi-Jo Plamondon
    Section Image
  • Jennifer Cartier

    Buyer's Agent in 2023

    Jennifer Cartier

    KW Coastal and Lakes & Mountains Realty

    (207) 837-4661

    1 in this area

    90 Total Sales

    Jennifer Cartier
    Section Image
  • Alice Kraft

    Seller's Agent in 2018

    Alice Kraft

    Century 21 Circa 72 Inc.

    (603) 540-5176

    50 Total Sales

    Alice Kraft
    Section Image

  • D

    Seller's Agent in 2013

    Donna Tully

    Tully Real Estate Solutions LLC

    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4952861

PrimeMLS
New Hampshire Merrimack County Franklin 03235

399 N Main St, Franklin, NH

Not Listed for Sale

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