31 Spring Street

Franklin, NH 03235

$260,000
Last Sold Price
—
Beds
3
Baths
2,520 Sq. Ft.
$103 / Sq. Ft.
2,520
Sq. Ft.
$103
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!
  1. Listed by Whitney Vachon • KW Lakes and Mountains Realty/Meredith

Sold By Downtown Realty

Property Details for 31 Spring Street

Zoning
R3W&S

Location

Add your commute
LISTING UPDATED: 05/12/2022 01:49 PM

Property Details for 31 Spring Street

StatusClosed
MLS #4889038
Days on Market34
Taxes$2,617 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.16 AC / 6,969 SF
CountyMerrimack County

Location

Add your commute

Building Information for 31 Spring Street

Stories3Residences3Year Built1900Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$1,637 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,419

Property Taxes

$218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 31 Spring Street

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
  • Construction Status: Existing
  • 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
DateEvent & SourcePrice

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

Public Records for 31 Spring Street

Taxable ValueLand$53,000Additions$61,600Total$114,600
Tax Record2022$2,795 ($233 / month)
Home Facts
Baths3Total Finished SqFt3,059 SqFtAbove Grade Finished SqFt3,059 SqFtStories3Lot Size6,970 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900ZoningR3W&SCountyMERRIMACKAPNFRKN M:117 B:240 L:

Schools near 31 Spring Street

This home is within Franklin School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Public - 3 to 4
Rating
School
Distance
Paul A. Smith School
PublicPK to 3

Franklin Middle School
Public4 to 8

Franklin High School
Public9 to 12

Bessie C. Rowell School
Public3 to 4

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Lakes and Mountains Realty/Meredith

Copyright 2024 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 04/24/2024 01:51 PM