Prime Investment Opportunity: Seven-Unit Multifamily

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.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.