31 Spring Street

Closed 2/3/22
Closed 2/3/22
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Sold
Last Sold Price
$260,000
2,520 sqft$103/sqft
31 Spring St, Franklin, NH 03235
Multi FamilyProperty Type
6,969 sq ftLot Size
1900Year Built
$103/sq ftPrice per sq ft

Description

This three unit Multi-Family is a fantastic investment opportunity. There are currently eleven bedrooms in all, with the smallest unit having three, but there's even more potential for a fourth unit in the oversized barn. This space can also be utilized as storage. Each unit has parking, newer heating systems, and use of the large common outdoor space. All conveniently located downtown, just blocks from the up and coming whitewater park! City water/sewer and trash pickup included. 35 Spring Street...This three unit Multi-Family is a fantastic investment opportunity. There are currently eleven bedrooms in all, with the smallest unit having three, but there's even more potential for a fourth unit in the oversized barn. This space can also be utilized as storage. Each unit has parking, newer heating systems, and use of the large common outdoor space. All conveniently located downtown, just blocks from the up and coming whitewater park! City water/sewer and trash pickup included. 35 Spring Street is also available (MLS 4889039) Both buildings can be purchased together for $475,000!

    Sold By Downtown Realty

    • Listed by: Whitney Vachon • KW Lakes and Mountains Realty/Meredith
    Listing closed: 02/03/2022 12:00 AM • Source: New England Real Estate Network, MLS#: 4889038
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    $1,540 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $1,322

    Property Taxes

    $218

    HOA Dues

    $0

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    Property Information for 31 Spring Street

    Property Details
    Building Information
    • Stories: 3
    • Residences: 3
    • Year Built: 1900
    • Lot Size: 0.16 AC / 6,969 SF
    Summary
    Location and General Information
    • City: Franklin
    • County: NH-Merrimack
    • Directions: Central Street, LEFT onto Prospect Street, RIGHT onto Spring Street, home on the RIGHT. See sign. ** ONE WAY STREET.
    • Latitude: 43.443204630785608
    • Longitude: -71.644305355819697
    • Road Frontage: Yes
    • Seasonal: No
    • State: NH
    • Street Designation: Street
    • Map: 000117
    • Zip: 03235
    Taxes and HOA Information
    • Tax - Gross Amount: $2,617.00
    • Tax Year: 2020
    • Taxes TBD: No
    School Information
    • School - High: Franklin High School
    • School - District: Franklin School District
    • School - Elementary: Paul A. Smith School
    • School - Middle/Jr: Franklin Middle School
    Parking
    • Garage: No
    • Driveway: Paved
    Property
    Lot Information
    • Block: 00000
    • Lot: 000000
    • Lot - Sqft: 6970.0
    • Lot Size Acres: 0.16
    • Road Frontage Length: 57.0
    • Square Feet Apx Finished Above Grade: 2520.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Public Records
    • Square Feet Apx Total: 5040.0
    • Square Feet Apx Total Finished: 2520.0
    • Square Feet Apx Unfinished Above Grade: 2520.0
    • Square Feet Apx Unfinished AG Source: Public Records
    • Square Feet Apx Unfinished Below Grade: 0.0
    • Square Feet Apx Unfinished BG Source: Public Records
    Property and Assessments
    • Assessment Amount: $114,600
    • Assessment Year: 2020
    • Property Class: Multi-Family
    • Flood Zone: Unknown
    • Foundation: Concrete, Stone
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1900
    Utilities
    • Electric: 100 Amp
    • Sewer: Public
    • Utilities: Cable, Gas - At Street, Internet - Cable
    • Total Gas Meters: 3
    • Total Electric Meters: 3
    Interior and Exterior Features
    Exterior Features
    • Roads: Paved
    • Roof: Shingle - Asphalt
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Partial
    • Total Full Baths: 3
    • Heat Fuel: Gas - Natural
    • Heating: Monitor Type
    • Cooling: None
    • Total Refrigerators: 3
    • Total Stories: 3
    • Total Water Heaters: 3
    Multi Family
    Income & Expenses Information
    • Gross Income: $34,728.00
    • Net Income: $30,333.00
    • Operating Expense Incl: Insurance
    • Operating Expense: $1,545
    Multi-Family Information
    • Total Units: 3
    • Total 1 BR Units: 0
    • Total 2 BR Units: 0
    • Total 3+ BR Units: 3
    • Total Heat Units: 3
    Unit Information
    Unit 1
    • Unit 1 Rental Agremnt: Yes
    • Unit 1 Lease Term: Month to Month
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Status: Month to Month
    • Unit 1 Rental Amount: $1,148.00
    • Unit 1 Tenant Pays: Electric, Heat, Hot Water
    Unit 2
    • Unit 2 Lease Term: Annual
    • Unit 2 Rental Agremnt: Yes
    • Unit 2 Status: Leased
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Rental Amount: $946.00
    • Unit 2 Tenant Pays: Electric, Heat, Hot Water
    Unit 3
    • Unit 3 Lease Term: Month to Month
    • Unit 3 Rental Agremnt: Yes
    • Unit 3 Rental Amt Freq: Monthly
    • Unit 3 Status: Month to Month
    • Unit 3 Rental Amount: $800.00
    • Unit 3 Tenant Pays: Electric, Heat, Hot Water

    Property History for 31 Spring Street

    DateEvent & SourcePriceAppreciation
    Feb 3, 2022

    Sold (Public Record)

    Public Record #1483468020

    		$260,000

    +22.1% / yr

    Feb 3, 2022

    Sold

    New England Real Estate Network #4889038

    		$260,000—
    Feb 2, 2022

    Expired

    New England Real Estate Network #4889038

    		—
    DateEvent & SourcePrice
    02/03/2022

    Sold (Public Record)

    Public Record #1483468020

    $260,000

    +22.1% / yr

    02/03/2022

    Sold

    New England Real Estate Network #4889038

    $260,000
    02/02/2022

    Expired

    New England Real Estate Network #4889038

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 31 Spring Street

    Taxable ValueLand$65,700Additions$160,900Total$226,600
    Tax Record2025$3,995 ($333 / month)
    Home Facts
    Baths3Total Finished SqFt3,164 SqFtAbove Grade Finished SqFt3,164 SqFtUnfinished Basement SqFt808 SqFtStories3Lot Size6,970 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1900ZoningR3W&SCountyMERRIMACKAPNFRKN M:117 B:240 L:

    Schools near 31 Spring Street

    This home is within Franklin School District.
    Rating
    School
    Type
    Grades
    Distance
    Paul A. Smith School
    		Public - PK to 3
    Franklin Middle School
    		Public - 4 to 8
    Franklin High School
    		Public - 9 to 13
    Rating
    School
    Distance
    Paul A. Smith School
    PublicPK to 3

    Franklin Middle School
    Public4 to 8

    Franklin High School
    Public9 to 13

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of KW Lakes and Mountains Realty/Meredith

    Copyright 2026 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. Data last updated 09/05/2026 07:40 PM