14 West Bow Street Franklin, NH SOLD

$4,720,000
Square Footage 49,852
Acres 1.00
Photo of 14 West Bow Street Franklin NH 03235




Description

Now available is this unique portfolio offering of 59 units in Franklin, NH and Pittsfield, NH. Comprised of six properties in Franklin and two properties in Pittsfield, this portfolio, after seeing significant capital improvement shortly after purchase, has been carefully managed and maintained for almost a decade. A well-balanced mix of units are featured across the portfolio with everything from well-kept, efficiently laid out, studio apartments, to sprawling three-story townhouse-style units featuring five bedrooms and multiple bathrooms, and everything in between. Six of the buildings are located in or around the heart of Franklin, a modest town that is on track for redevelopment with many, significant investments made into the downtown area in preparation for the first-in-state whitewater park. The remaining two buildings are on abutting parcels in downtown Pittsfield, less than a twenty minute drive from the state capital. This portfolio provides a mix of stable, long-term tenants and more recently move-ins with stronger rental rates. Opportunity exists for a new owner to increase rental income or decrease operating expenses to further improve the performance of this portfolio. Property addresses include (Franklin) 14 W Bow, 11 E Bow, 160 Central, 39 Elkins, 61 S Main, and 63 E Bow, & (Pittsfield) 9 Carroll and 13 Carroll. Financials and additional details available upon request.


Listed by Elm Grove Realty, Christopher Schleyer

Details

MLS 4870134
Price $4,720,000
Status Closed
DOM 250 days
Type Multi-Family
Square Feet 49,852 sqft
Lot Size 1.00 acres
Year Built 1900

Lot & Building Features

Utilities Cable, Phone, Internet - Fiber Optic
Cooling None
Heat Source Gas - LP/Bottle, Oil
Heating Baseboard, Steam, Direct Vent
Sewer Public
Basement Description Unfinished
Foundation Brick, Slab - Concrete, Fieldstone
Roof Membrane, Shingle - Asphalt, Metal
Garage No

Map

Multi-Family Home for Sale: 14 West Bow Street, Franklin, NH 03235 SOLD

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.