Property Details
Basic Information
- MLS Number: 5084033
- List Price: $275,000
- Lot Description: Level, Sidewalks, Street Lights, Walking Trails, In Town, Near Shopping, Neighborhood, Near Public Transportatn, Near School(s)
- Date Listed: 04/16/2026
- Units: 2
- Description: OFFER DEADLINE THURSDAY MAY 7 @ 4PM Value-Add Multi-Family Opportunity in Franklin Spacious 5-bedroom, 2-bath multi-family with over 2,100 sq ft and a strong layout for renovation and long-term upside. Ideal for investors, contractors, or buyers looking to reposition an asset and build equity. Property features separate units (3-bed / 2-bed) with solid rental potential, public water/sewer, and natural gas-key fundamentals for long-term hold performance. Utilities are largely separated, supporting efficient management and tenant responsibility. Recent improvements already in place help offset upfront costs, including a newer roof (approx. 2-4 years old), updated boiler in one unit (~1 year old), and newer hot water systems. Interior updates include LVT flooring, updated cabinets, newer appliances, refreshed ceilings/paint, and bathroom improvements with ceramic walk-in shower and new vanity-providing a strong starting point for further value-add. Additional updates include select newer windows and exterior door replacements, along with a detached 2-car garage, porch, and fenced yard-features that support tenant appeal and rental stability. Priced with condition in mind, this is an opportunity to complete improvements, increase value, and optimize future income potential. Convenient in-town location near downtown Franklin, shopping, and commuter routes-supporting consistent rental demand. Bring your vision-significant upside potential with key improvements already underway.
Building
- Acreage: 0.22
- Square Feet: 2,781
- Year Built: 1900
- Zoning: R3W&S
- Roof: Asphalt Shingle
- Building Construction: Wood Frame, Clapboard Exterior
- Foundation: Fieldstone, Stone
Location
- County: Merrimack
- Town: Franklin
Finance
- Taxes: $4,201
Interior Features
Bathrooms
- Bathrooms: 2
Basement
- Basement: Basement Stairs, Concrete Floor, Crawl Space, Insulated
Utilities and Appliances
Utilities and Appliances
- Utilities: Gas at Street
Community
Schools
- Elementary School: Paul A. Smith School
- High School: Franklin High School
Amenities
- Other Amenities: Basement
Other Details
Water
- Water Access: No
- Water View: No
- Water: Public