- – beds
- – baths
- 10,911 sqft
- 7,405 sqft lot
- $140 per sqft
- 1920 build
- – on site
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.
Last checked:
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Last updated Jul 3, 2025
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MLS# 5049763 —
The Building
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Year Built:1920
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Brick Exterior
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Architectural Style:Apartment Building, Historic Vintage, Multi-Family
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Roof:Flat
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Foundation:Slab - Concrete
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Total Stories:3
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Total Units:11
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Approx SqFt Total:10911
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Approx SqFt Total Finished:10,911 Sqft
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Approx SqFt Finished Above Grade:10,911 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Finished Building Source:Public Records
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Public
Interior
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Basement Description:Slab
Location
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Map:117
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Latitude:43.444913158086550
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Longitude:-71.645693305557259
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot Features:Level
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Lot SqFt:7,405 Sqft
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Lot Acres:0 Sqft
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Zoning:B2
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Driveway:Paved
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Road Frontage:Yes
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Road Frontage Length:60 Sqft
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Flood Zone:Yes
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Waterview:No
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Waterfront:No
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Water Body Access:No
Listing Agent
- Contact info:
- Office phone:
- (603) 610-8500
Taxes
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Tax Year:2024
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Taxes TBD:No
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Tax - Gross Amount:$11,226.39
Beds
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Total 2 Bedroom Units:4
Baths
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Total Full Baths:8
The Listing
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Price Per SqFt:140.5
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Natural Gas, Hot Water
Utilities
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Utilities:Cable
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Separate Utilities:Varies
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Sewer:Public
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Water Source:Public
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Total Electric Meters:11
Appliances
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Total Refrigerators:8
The Community
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Covenants:Unknown
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Easements:No
Parking
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Parking:On-Site, On Street, Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/2/25
Jul 2, 2025
|
Listed / Active | PRIME_MLS | $1,533,000 |