Franklin, NH ๐Ÿ  Multifamily Value Add Opportunity!

Merrimack County, Franklin, NH, 03235
Sold
Listed at: August 12th, 2024
Price
$189,000
ARV
$330,000
Gross Margin
$141,000
Sq. Footage
2209
Type
Multifamily
Parking
Garage
Year build
1900
Lot size
0.17 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

Franklin, NH ๐Ÿ  Multifamily Value Add Opportunity!

Amazing fix and flip or buy and hold opportunity in Franklin NH. This property was a triplex that was recently converted to a single family. Can be restored to a duplex or triplex. Plenty of parking and priced to sell. Reach out today!!

๐ŸŒŸProperty Details๐ŸŒŸ

Total Bedrooms: 4

Total Bathrooms: 3

Square Footage: 2,236

Year Built: 1900

Lot Size: 0.17 ac

๐ŸŒŸProperty Overview๐ŸŒŸ

Newer roof and furnace within the last 3 years. Property is dated, tenant has been in the property for 20+ years. Needs a cosmetic facelift and electrical would most likely need to be updated as well. 2 prong outlets throughout. Also needs a deep clean out. Junk in basement and backyard. 

Asking Price: $189,000

Seller finance option: Purchase Price: $199,000

 $30,000 down, 7.5% interst rate, Amortization: 30 years, Balloon term: 5 years

ARV: $330,000+

Tax Card

PHOTOS 

SOLD COMPS

128 Franklin Street, Franklin, NH 03235 - Sold on 7/16/2024 for $355,000 (Dated)

Duplex: 2 beds / 4 baths, 1,784 sqft

69 Prospect Street, Franklin, NH 03235 - Sold on 4/16/2024 for $315,000 (Dated)

Duplex: 2 beds / 4 baths, 1,867 sqft

ACTIVE COMPS

35 Elkins Street, Franklin, NH 03235 - Pending for $339,900 (Dated) 

Duplex, 8 beds / 2 baths, 2,900 sqft

116-118 Elkins Street, Franklin, NH 03235 - Pending for $399,899 (Updated) 

4 units, 8 beds / 2 baths, 2,812 sqft

PENDING COMPS

83 Elkins Street, Franklin, NH 03235 - Pending for $424,000 (Dated) 

4 units, 6 beds / 4 baths, 2,608 sqft

*PROPERTY OCCUPIED BUT TO BE DELIVERED VACANT AT CLOSING*

PLEASE CALL TO SCHEDULE SHOWINGS

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.

โ— Buyer pays ALL closing costsโ—

Get in touch with us NOW! 

All financial projections and estimates are based on our own analysis and opinion. Please do not show up to the property unannounced. NOT FOR PUBLIC DISTRIBUTION. PRIVATE COMMUNICATION ONLY. If you are a real estate agent and have a potential buyer lined up for the property, please add your commission or fee on top. Thank you!

๐Ÿ’ŽJOIN OUR VIP NETWORK ๐Ÿ’Ž

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Izaiah Barba

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