NOT LISTED FOR SALE

6 Terrace Rd Franklin, NH 03235

10 Beds
7 Baths
6,455 Sq Ft
2.08 Acres

Last Sold May 12, 2022

Last sale price $430,000 $67 Per Sq Ft

6 Days on Market

Highlights

  • 196 Feet of Waterfront
  • Hot Water Heating System
  • Level Lot
  • 2.08 Acre Lot
  • Shared Waterfront

About This Home

As of May 2022

Be in the front row of the revitalization and take advantage of this Investment Opportunity being offered with this 7 unit located in 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. Property abuts the Winnipesaukee River, join in watching the Kyaker's on the Winni. River Trail, walk to Trestle view park and downtown shops, restaurants and Odell Park. Property has long term tenants, plenty of off street parking, additional storage space in basement, metal roof and has had many updates over the past few years with new metal roofing, new heating systems and electrical upgrades. This property is currently being Professionally Managed and the current Management Company is willing to stay on with the new owners if desired. Showings will be held Sunday 4/3/2022 and Tuesday 4/5/2022 with a confirmed viewing time. Seller is a licensed NH Real Estate Agent.

Last Agent to Sell the Property

Donna Tully

Tully Real Estate Solutions LLC License #058639 Listed on: 04/01/2022

Last Buyer's Agent

Vanessa Copp

White Water Realty Group LLC License #078075

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,294

Year Built

  • Built in 1920

Lot Details

  • 2.08 Acre Lot
  • 196 Feet of Waterfront
  • Level Lot

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 3-Story Property

Basement

  • Walk-Out Basement
  • Dirt Floor

Parking

  • 1,120 Car Parking Spaces
  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Nearby Water Access
  • Shared Waterfront

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • 7 Units

Listing and Financial Details

  • Tax Lot 011

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,294

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 66.62
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6876
  • Sq Ft - Apx Total Finished: 6455
  • Year Built: 1920
  • Remarks Public: Be in the front row of the revitalization and take advantage of this Investment Opportunity being offered with this 7 unit located in 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. Property abuts the Winnipesaukee River, join in watching the Kyaker's on the Winni. River Trail, walk to Trestle view park and downtown shops, restaurants and Odell Park. Property has long term tenants, plenty of off street parking, additional storage space in basement, metal roof and has had many updates over the past few years with new metal roofing, new heating systems and electrical upgrades. This property is currently being Professionally Managed and the current Management Company is willing to stay on with the new owners if desired. Showings will be held Sunday 4/3/2022 and Tuesday 4/5/2022 with a confirmed viewing time. Seller is a licensed NH Real Estate Agent.
  • List Agent: 22328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 6455
  • Sq Ft - Apx Unfinished AG: 44
  • Sq Ft - Apx Unfinished BG: 377

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Vinyl Siding
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal
  • Easements: Unknown
  • Water Body Type: River
  • Water Frontage Length: 196
  • Water Restrictions: Unknown
  • Water Access Details: Directly Adjoining
  • Water Body Name 2: Winnipesaukee River
  • Waterfront: Yes
  • Waterfront Rights: Shared
  • Water Body Access 2: Yes

Garage/Parking

  • Parking: Off Street, Parking Spaces 11 - 20

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 7
  • Total Heat Units: 2
  • Total Ranges: 7
  • Total Refrigerators: 7
  • Trash: Dumpster

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: 135
  • Lot: 011
  • Lot Sq Ft: 90605
  • Lot Acres: 2.08
  • Lot Description: Level, Sloping
  • Surveyed: Unknown
  • Zoning: R3W&S
  • Deed Book: 3722
  • Deed Page: 2309
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 7
  • Total Units: 7
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 9294
  • Tax Year: 2021

MLS Schools

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

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 List to Sale Price per Sq Ft Prior Sale
05/12/2022 05/12/22 Sold $430,000 -4.4% $67 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $449,900 +40.6% $70 / Sq Ft
02/11/2021 02/11/21 Sold $320,000 -8.5% $50 / Sq Ft View Prior Sale
01/21/2021 01/21/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $349,900 0.0% $54 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $349,900 -- $54 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Donna Tully

    Tully Real Estate Solutions LLC

    Section Image
  • Vanessa Copp

    Buyer's Agent in 2022

    Vanessa Copp

    White Water Realty Group LLC

    (603) 264-0544

    16 in this area

    34 Total Sales

    Vanessa Copp
    Section Image

  • T

    Seller's Agent in 2021

    Tom Hanright

    White Water Realty Group/Franklin

    (603) 455-0455

    11 in this area

    32 Total Sales

    Tom Hanright
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4903483

PrimeMLS
New Hampshire Merrimack County Franklin 03235

6 Terrace Rd, Franklin, NH

This home is located at 6 Terrace Rd, Franklin, NH 03235 since 01 April 2022. This property was built in 1920. 6 Terrace Rd 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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