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406 - 414 Central Street, 
Franklin, NH 03235

$1,533,000


Bed


Bath


10,911

Sq Ft


Multi-Family

Active

Listed by

Viktoria Alkova

Ethan Ash

Kw Coastal And Lakes & Mountains Realty

2413

603-610-8500

Last updated:

August 1, 2025, 10:17 AM

MLS#

5049763

Source:

PrimeMLS

About This Home

406 - 414 Central Street

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.

Home Facts

Multi-Family

Built in 1920

Price Summary

1,533,000

$140 per Sq. Ft.

MLS #:

5049763

Last Updated:

August 1, 2025, 10:17 AM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

10,911 Sq. Ft.


Structure

Structure

Building Area:

10,911 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$1,533,000

Price per Sq. Ft:

$140 per Sq. Ft.

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Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. 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 August 11, 2025

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