Prime Investment Opportunity: Seven-Unit Multifamily

Highlights:

• Tenants pay heat & electric
• Unit 4 fully updated/renovated
• Brand new boiler for unit 5
• Unit 1 & 7 are brand new
• Variance to replace mobile home with single family is in progress
• Heated barn on property for storage and additional income
• Parking available on site

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.



Nestled within the scenic town of Franklin, New Hampshire, residents benefit from a harmonious blend of modern amenities and historic charm. This is a great investment opportunity to own a six-unit multifamily property just West of the beautiful Pemigewasset River.

Tenant pays heat. Brand new boiler added for Unit 5

Gas

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