Prime Investment Opportunity: Seven-Unit Multifamily

For Sale

155 S Main St, Franklin, NH 03235

This Franklin property for sale is located at 155 S Main St. The current listed sale price for Prime Investment Opportunity: Seven-Unit Multifamily is $886,500. Prime Investment Opportunity: Seven-Unit Multifamily is situated on a lot that is 0.54 acre in size.

Contacts

broker
Viktoria Alkova

Keller Williams Coastal Realty

Property Details

  • Property Type Multi-Family
  • Property Size 5,125 SF
  • Units 7
  • Lot Size 0.54 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Jul 2, 2025
Nestled within the scenic town of Franklin, New Hampshire, residents benefit from a harmonious blend of modern amenities and historic charm. This is a great investment opportunity to own a six-unit multifamily property just West of the beautiful Pemigewasset River.Located in the city of Franklin, New Hampshire’s Lakes Region, this stabilized multifamily property features a total of seven residential units. Tenants are responsible for their own heat and electricity, helping to reduce operational expenses and management overhead. Units 1, 4, and 7 have been fully renovated, while the remaining units have received some updates and are well-maintained. Major system upgrades have been completed, including a new boiler for Unit 5. A variance is currently in process to allow for the construction of a single-family home on the rear portion of the lot, replacing a prior structure—unlocking future development potential. The property also includes a heated barn for storage and offers generous on-site parking. Situated in a designated Opportunity Zone, this property combines immediate cash flow, recent capital improvements, and long-term development upside in a desirable location.
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Highlights

  • Brand new boiler for unit 5
  • Heated barn on property for storage and additional income
  • Parking available on site
  • Tenants pay heat & electric
  • Unit 1 & 7 are brand new
  • Unit 4 fully updated/renovated
  • Variance to replace mobile home with single family is in progress

Getting around

  • 16/100

    Walk Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Franklin, NH
  • Neighborhood Franklin
  • Zip Code 03235

Points of Interest

  • Citgo

    0.26 miles

  • Shop Express

    0.80 miles

  • Tetal

    3.30 miles

  • Gulf

    3.30 miles

  • Shell

    3.49 miles

  • Cumberland Farms

    3.56 miles

  • Sanborton Country Store

    4.19 miles

  • Irving

    4.87 miles

  • BJ's Fuel Center

    5.07 miles

  • Rest Area I-93 (South Bound)

    4.70 miles

  • Northern Rail Trail

    5.14 miles

  • Tilton Park and Ride

    5.28 miles

  • Super 8

    4.56 miles

  • Holiday Inn Express & Suites Tilton - Lakes Region

    4.89 miles

  • Hampton Inn & Suites

    5.38 miles

  • Econo Lodge

    6.92 miles

  • Hannaford

    1.84 miles

  • Kohl's

    3.99 miles

  • Walmart Supercenter

    4.17 miles

  • Market Basket

    4.30 miles

  • Winnisquam Country Store & Deli

    8.48 miles

  • Shaw's

    9.82 miles

  • Belknap Mall

    9.87 miles

  • Big Lots

    9.91 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Viktoria Alkova

Keller Williams Coastal Realty

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