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Listing courtesy of PRIME_MLS / Viktoria Alkova / KW Coastal and Lakes & Mountains Realty

155 South Main

Franklin, NH 03235

– beds
– baths
5,125 sqft
~1/2 acre lot
$172 per sqft
1900 build
– on site

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.

Listing courtesy of PRIME_MLS / Viktoria Alkova / KW Coastal and Lakes & Mountains Realty

Last checked: Checking… • Last updated Jul 3, 2025 •

MLS# 5049759 —

The Building

Year Built:

1900
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Vinyl Siding
Architectural Style:

Multi-Family
Roof:

Shingle - Asphalt
Foundation:

Slab - Concrete
Total Stories:

2
Total Units:

7
Approx SqFt Total:

7151
Approx SqFt Total Finished:

5,125 Sqft
Approx SqFt Finished Above Grade:

5,125 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade:

500
Approx SqFt Unfinished Above Grade Source:

Public Records
Approx SqFt Unfinished Below Grade:

1526
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records
Road Frontage Type:

Gravel, Paved, Public

Interior

Flooring:

Hardwood, Vinyl Plank
Basement:

Yes
Basement Description:

Crawl Space, Slab
Basement Access Type:

Interior

Location

Map:

98
Latitude:

43.439088000001000
Longitude:

-71.657803000000001

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot Features:

Level
Lot SqFt:

23,522 Sqft
Lot Acres:

0 Sqft
Zoning:

B1W&S
Driveway:

Gravel
Road Frontage:

Yes
Road Frontage Length:

450 Sqft

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Taxes TBD:

No
Tax - Gross Amount:

$8,247.44

Beds

Bedrooms - Level 1:

1
Bedrooms - Level 4:

4
Bedrooms - Basement:

6
Total 2 Bedroom Units:

4

Baths

Total Full Baths:

7
Three Quarter Baths:

6
Quarter Baths:

1
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

172.98
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Natural Gas, Oil, Hot Water

Utilities

Utilities:

Cable
Separate Utilities:

Yes
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public
Total Electric Meters:

7

Appliances

Total Refrigerators:

7

The Community

Covenants:

No

Parking

Parking:

On-Site, Other, Parking Spaces 11 - 20

Extra Units

Unit 1 Rooms:

5
Unit 1 Bedrooms:

2
Unit 2 Bedrooms:

2
Unit 3 Rooms:

1
Unit 3 Baths:

1
Unit 4 Bedrooms:

2
Unit 4 Baths:

1
Unit 5 Rooms:

5
Unit 5 Bedrooms:

1
Unit 5 Baths:

1
Unit 6 Bedrooms:

2
Unit 6 Baths:

1
Unit 7 Rooms:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price
7/2/25 Jul 2, 2025	Listed / Active	PRIME_MLS	$886,500
9/3/21 Sep 3, 2021	Sold	PRIME_MLS
3/22/21 Mar 22, 2021	Sold Subject To Contingencies	PRIME_MLS

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This multifamily located in Franklin, NH 03235 is currently for sale for $886,500. 155 South Main is a 5,125 square foot multifamily with – beds and – baths that has been on Estately for 1 days. This multifamily is in the attendance area of Franklin High School, Paul Smith School, and Franklin Middle School.

Listing Courtesy of: PRIME_MLS and KW Coastal and Lakes & Mountains Realty.

Copyright 2025 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, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.