Franklin, NH 03235,406 - 414 Central ST
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Franklin, NH 03235,406 - 414 Central ST
Franklin, NH 03235,406 - 414 Central ST
Franklin, NH 03235,406 - 414 Central ST
Franklin, NH 03235,406 - 414 Central ST
Listed by Viktoria V Alkova • KW Coastal and Lakes & Mountains Realty
Bought with A non PrimeMLS member • A Non PrimeMLS Agency

$1,375,000

Est. payment /mo

$1,533,000

10.3%
Est.Price: ?

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406 - 414 Central ST Franklin, NH 03235

10,911 SqFt

SOLD DATE : 10/29/2025

Key Details

Sold Price $1,375,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,911 sqft

Price per Sqft $126

MLS Listing ID 5049763

Sold Date 10/29/25

Construction Status Existing

Year Built 1920

Annual Tax Amount $11,226

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

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.

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning B2

Rooms

Basement Slab

Interior

Cooling None

Exterior

Utilities Available Cable

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Flat

Building

Story 3

Sewer Public

Architectural Style Apartment Building, Historic Vintage, Multi-Family

Construction Status Existing

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PrimeMLS
Corina Cisneros

Corina Cisneros

Broker Associate/ Owner | License ID: 069247

+1(603) 273-6160

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