406 414 Central St, Franklin, NH 03235
- $1,375,000
- 10,911
- SqFt
Listing courtesy of Viktoria V Alkova from KW Coastal and Lakes & Mountains Realty. ()
Listing sold by from A Non PrimeMLS Agency
- Sold Price
- $1,375,000
- List Price
- $1,533,000
- Status
- CLOSED
- MLS#
- 5049763
- Closing Date
- Oct 29, 2025
- Living Area
- 10,911
- Lot Size
- 7,405
- Acres
- 0.17
- Year Built
- 1920
Property Description
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.
Additional Information
- Taxes
- $11,226
- Listing Agent
- Viktoria V Alkova
- Listing Office
- KW Coastal and Lakes & Mountains Realty
- Style
- Apartment, Historic Antique, Multi-Family
- Electric
- Other
- Utilities
- Cable Available
- Basement
- Slab
- Foundation
- Slab
- Sewer
- Public Sewer
- Roof
- Flat
- Zoning
- B2
- Water
- Public
Mortgage Calculator
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .