414 Central St Franklin, NH 03235
Estimated payment $9,289/month
Highlights
- Hot Water Heating System
- Historic Home
- 3-minute walk to City Of Franklin
- Level Lot
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 incentives for future investors. Delayed showings begin 7/20/25.
This property is part of a 39 unit portfolio sale and can be sold together or separately. See MLS 5049759 and 5050830 for the other units.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,226
Year Built
- Built in 1920
Lot Details
- 7,405 Sq Ft Lot
- Level Lot
- Historic Home
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 10,911 Sq Ft Home
- Property has 3 Levels
Parking
- Paved Parking
- On-Street Parking
- On-Site Parking
Location
- Flood Zone Lot
Utilities
- Hot Water Heating System
- Cable TV Available
Community Details
- 11 Units
Listing and Financial Details
- Tax Block 156
- Assessor Parcel Number 117
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/03/2025 07/03/25 | For Sale | $1,533,000 | -- | $141 / Sq Ft |
Source: PrimeMLS
MLS Number: 5049763

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