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$886,500
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Property Description
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.
Full Property Details
Full Property Details for 155 S Main St
General
- Sold For: $886,500
- Taxes: $8,247 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5049759
- Added to Site: 240 day(s) ago
Interior
- Flooring: Hardwood, Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 6
- 3/4 Bathrooms: 6
Exterior
- Color: White
Parking
- Parking: On-Site, Other, Parking Spaces 11 - 20
Location
- County: Merrimack
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Oil, Hot Water
Utilities
- Sewer: Public
- Separate Meters: Yes
- # Electric Meters: 7
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Crawlspace, Slab
- Roof: Asphalt Shingles
- Stories/Levels: 2
- Finished Total: 5,125 Sq. Ft.
- Finished Above Grnd: 5,125 Sq. Ft.
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 3
- 2 Bedroom Units: 4
- Units w/Refrigerators: 7
- Units w/Range/Oven: 7
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Bedrooms: 1
Unit 6
- Bedrooms: 2
Unit 7
- Total Rooms: 5
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.54
- Lot Size (Sq. Ft.): 23,522
- Frontage: Yes Road Frontage
- Frontage Feet: 450
- Driveway/Sidewalk: Gravel, Other
- Zoning: B1W&S
Financial Considerations
- Price Per Sq. Ft.: $172.98
- Tax Amount: $8,247.44
- Tax Year: 2024
Disclosures and Reports
- Block: 64
Listed by KW Coastal and Lakes & Mountains Realty, Viktoria V Alkova and Ethan Ash
Sold by A Non PrimeMLS Agency, A non. PrimeMLS member
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Schools
Schools serving 155 S Main St
School District:Franklin School District, Franklin, NH
| Name | Grades | Distance |
|---|---|---|
Paul A. Smith School 41 Daniel Webster Drive, Franklin, NH 03235 | PK-3 | 0.9 mi |
Franklin Middle School 200 Sanborn Street, Franklin, NH 03235 | 4-8 | 1.2 mi |
Franklin High School, Franklin, NH 119 Central Street, Franklin, NH 03235 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 155 S Main St
Date
Details
Price
Change
Source
10/29/2025
Sold
$886,500
—
MLS
7/02/2025
Listed
$886,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
155 South Main Street, Franklin, NH 03235 (MLS# 5049759) is a Multi-Family property that was sold at $886,500 on October 29, 2025. Want to learn more about 155 South Main Street? Do you have questions about finding other Multi-Family real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.

