Listed by Jim Reagan with White Water Realty Group/Franklin 603-387-0146

Active

6 Terrace Road

Franklin NH, 03235

$5,295,000


$775.03 per sqft

Active

6,832 sqft

Multi-family

Built in 1920

Now offering 41 unit portfolio consisting of 9 total buildings 8 of which are in Franklin NH and 1 in Northfield NH. Many Capital improvements over the last 10 years. There is a wide variety of Residential and Commercial units from studios, 1, 2, 3, 4, bedroom units and commercial store fronts. Most of the buildings have more than ample parking. Some long term tenants in place, Over time necessary renovations and improvements have created turn over and stronger rental rates leaving room for the new owner to increase rental income for better performance. Plenty of value add here in a City that is in the middle of redevelopment. The property addresses in Franklin are: 6 Terrace rd 7 unit, 419 Central St. 6 unit, 96-98 West Bow St. 6 unit, 50 Elkins St. 4 unit 21 Pleasant St 4 unit, 644 Central St. 3 unit, 154 West Bow St. 3 unit, 56 Elkins St. 2 unit, Northfield : 41-45 Elm St. 6 unit Financials available upon request. Owner is a NH Licensed Real Estate Broker. Delayed showings 12/21/24

5024482

MLS ID

December 12, 2024

Listed

December 13, 2024

Updated

Map

6 Terrace Road
Franklin NH, 03235

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Direct Vent, Steam

Exterior/Building Features

Lot Size

2.08 Acres


Roof

Metal, Shingle - Asphalt


Sewer

Public

Other Property Details

Area Name

NH-Merrimack


Garage

No


View

No


Pool

No

Listed by Jim Reagan with White Water Realty Group/Franklin 603-387-0146

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