Multi-Family for Sale: 155 South Main Street, Franklin, NH 03235 SOLD

10 beds
7 full baths
5,125 sqft
$886,500
$886,500
155 South Main Street, Franklin, NH 03235 SOLD
10 beds
7 full baths
5,125 sqft
$886,500
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Selling Price: $886,500
Original List Price: $886,500
Sold at 100.0% of list price
Sold Date: 10/29/2025

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Type Multi-Family
Style Multi-Family
Beds 10
Baths 7 full baths
Square Feet 5,125 sqft
Lot Size 0.54 acres
Year Built 1900
City Franklin
County Merrimack
MLS 5049759
Status Closed
DOM 43 days
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. This property is part of a 39 unit portfolio sale and can be sold together or separately. See MLS 5049763 and 5050830 for the other units.

Lot & Building Features

Utilities Cable
Construction Vinyl Siding
Cooling None
Heating Natural Gas, Oil, Hot Water
Parking Description Parking Spaces 11 - 20, Other, On-Site
Sewer Public
Tax Year 2024
Water Public
Basement Description Crawl Space, Slab
Foundation Concrete Slab
Lot Description Level
Roof Asphalt Shingle
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Rooms 5
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Rooms 4
Unit 3 Baths 1
Unit 3 Bedrooms 0
Unit 3 Rooms 1
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Rooms 6
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Rooms 5
Unit 6 Baths 1
Unit 6 Bedrooms 2
Unit 6 Rooms 6
Unit 7 Baths 1
Unit 7 Bedrooms 1
Unit 7 Rooms 5

Price History of 155 South Main Street, Franklin, NH

Date Name Price Difference
07/02/2025 Listing Price $886,500 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 155 South Main Street, Franklin, NH

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Photo of Jody Reese
Jody Reese
Agent
Direct: 603-236-9234
Office
195 McGregor Street, Suite 325
Manchester, NH 03102
603-824-5794
Listed by KW Coastal and Lakes & Mountains Realty, Viktoria Alkova & Ethan Ash 603-610-8500
Sold by , A non PrimeMLS customer
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Listing information courtesy of: KW Coastal and Lakes & Mountains Realty

Copyright 2026 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. Data last updated 08/09/2026