2 days on Rocket
#5050091, Patrick Desmond, Listing office: Pine River Realty LLC
#5049763·
Listing office: KW Coastal and Lakes & Mountains Realty·
Listing agent: Viktoria Alkova·
Listing office phone: 603-610-8500
$1,533,000 List price
406-414 Central St Franklin, NH 03235
10,911 sqft
0.2 acres
$141 / sqft
Land
Property details
About 406-414 Central St
This attractive investment opportunity offers a strong mix of residential apartments and retail on the ground level. The majority of the units have been renovated, providing fresh, modern living spaces. Separately metered electric, paid by tenants, easy to manage! The retail units are either fully renovated or currently undergoing upgrades, further enhancing the property's appeal. The property is primarily 2 bedroom units, with 2 spacious one-bedroom units and 2 studio apartments. Signed three-year lease with annual rent escalations ensures long-term income growth and stability. Additional amenities include security cameras throughout the property for enhanced safety, a freshly paved parking area at the rear for added convenience, and coin-op laundry on site to serve residents while generating supplemental income. Located in Franklin, the property benefits from the ongoing development of Mill City Park and the city's designation as an Opportunity Zone, offering favorable tax incentives for future investors. Delayed showings begin 7/20/25.
Highlights
Home typeOther
HeatingNatural Gas, Hot Water
StatusActive
Size10,911 sqft
Lot size0.17 Acres
Year built1920
ParkingOn-Site, On Street, Other
MLS #5049763
Summary
- Basement: No
- Parking: On-Site, On Street, Other
- Heating: Natural Gas, Hot Water
- Cooling: None
- List Price: $1,533,000
- Price/SqFt: $140
- Year Built: 1920
- Stories: 3
- Living Area: 10,911 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 5049763
- Office Name: KW Coastal and Lakes & Mountains Realty
- Office Phone: (603) 610-8500
- Office Email: klrw463@kw.com
- Listing Agent: Viktoria Alkova
© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/8/2025, 7:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
1
Paul A. Smith School
Public District PK-3
0.9 mi
•41 Daniel Webster Dr
5
Southwick School
Public District KG-4
2.8 mi
•50 Zion Hill Rd
6
Sanbornton Central School
Public District KG-4
5.2 mi
•16 Hunkins Pond Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,744. Residents of Franklin, NH typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
36%
<35k
48%
35k-100k
14%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
20%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
NASCAR
Where do the neighbors shop?
Family Dollar
Wal-Mart
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Oldsmobile
Buick
What do the neighbors listen to?
New Country
Contemporary Inspirational- Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 406-414 Central St
The listing price of 406-414 Central St property is $1,533,000.
The property 406-414 Central St is land located in Franklin, New Hampshire, 03235.
Active Listing: 406-414 Central St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 406-414 Central St are: Paul A. Smith School (GreatSchools Rating 1/10), Southwick School (GreatSchools Rating 5/10), Sanbornton Central School (GreatSchools Rating 6/10), Compass Classical Academy Charter School (E) (GreatSchools Rating 3/10), Franklin Middle School (GreatSchools Rating 2/10), Winnisquam Regional Middle School (GreatSchools Rating 3/10), Franklin High School (GreatSchools Rating 1/10), Winnisquam Regional High School (GreatSchools Rating 3/10), Belmont High School (GreatSchools Rating 5/10).
The property 406-414 Central St is 0.17 acres.
The property 406-414 Central St is 10,911 SqFt (source: MLS/tax record).
The year of construction for 406-414 Central St is 1920.
This home is located at 406-414 Central St in Franklin, NH and zip code 03235. This 10,911 square foot home, which was built in 1920, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $1,533,000.
In June 2025, from all listings sold in Franklin, NH there were more than 5 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Franklin, NH between May and June 2025 increased by 34.8%.
From Rocket Homes Real Estate and based on county public records data.