new - 6 days on rocket

6 Terrace Rd, Franklin, NH, 03235

$5,295,000

2.08 Acres
$775/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
Year Built1920
HeatingBaseboard, Steam
CoolingNone
BasementYes
MLS #5024482
Lot Size2.08 Acres
StatusActive

About 6 Terrace Rd

Now offering 41 unit portfolio consisting of 9 total buildings 8 of which are in Franklin NH and 1 in Northfield NH. Many Capital improvements over the last 10 years. There is a wide variety of Residential and Commercial units from studios, 1, 2, 3, 4, bedroom units and commercial store fronts. Most of the buildings have more than ample parking. Some long term tenants in place, Over time necessary renovations and improvements have created turn over and stronger rental rates leaving room for the new owner to increase rental income for better performance. Plenty of value add here in a City that is in the middle of redevelopment. The property addresses in Franklin are: 6 Terrace rd 7 unit, 419 Central St. 6 unit, 96-98 West Bow St. 6 unit, 50 Elkins St. 4 unit 21 Pleasant St 4 unit, 644 Central St. 3 unit, 154 West Bow St. 3 unit, 56 Elkins St. 2 unit, Northfield : 41-45 Elm St. 6 unit Financials available upon request. Owner is a NH Licensed Real Estate Broker. Delayed showings 12/21/24

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 3
  • Living Area: 6,832 SqFt

Listing Office:

  • Office Name: White Water Realty Group/Franklin
  • Office Phone: (603) 387-0146
  • Listing Agent: Jim Reagan

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 2.08 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Steam
  • Cooling: None

Other

Directions Information:

  • Directions: PORTFOLIO LISTING, MULTIPLE LOCATIONS

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,295,000
  • Price Per SqFt: $775/SqFt

Tax Information:

  • Annual Amount: $9,040
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Franklin, NH.

Med. Sold Price

$370.9K

Med. Price/SqFt

$215

# of Sold Homes

6

6 Terrace Rd vs Franklin

6 DAYS ON ROCKET

$5,295,000

+$4.9M More

$775/SqFt

+$560 More

KEY TAKEAWAY

This property is $4.9M more than the Median Sold Price and $560/SqFt more than other homes in Franklin, NH.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #5024482

Listing Office:

  • Office Name: White Water Realty Group/Franklin
  • Office Phone: (603) 387-0146
  • Listing Agent: Jim Reagan

IDX© 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.

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: 12/19/2024, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 11, 2021Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,040$395,800
2019$8,894$395,800
2017$7,954$311,200

History based on county public records data.

Payment Calculator

$26.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.9K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-215093
1
/10
  • Paul A. Smith School

  • 41 Daniel Webster Dr

  • 1.42 miles

  • Public District Grades PK-3

school-card-donut-215094
5
/10
  • Southwick School

  • 50 Zion Hill Rd

  • 2.13 miles

  • Public District Grades KG-4

school-card-donut-215095
6
/10
  • Sanbornton Central School

  • 16 Hunkins Pond Rd

  • 4.53 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,969. Typical income of Franklin, NH residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6 Terrace Rd

What is the listing price of this property?

The listing price of 6 Terrace Rd property is $5,295,000.

What type of property is this?

The property 6 Terrace Rd is land located in Franklin, New Hampshire, 03235.

Is this property for sale now?

Active Listing: 6 Terrace Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,040 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 11, 2021 for $320,000. (source: MLS/tax record).

How much acreage is this property?

The property 6 Terrace Rd is 2.08 acres.
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Rocket HomesNew HampshireMerrimack CountyFranklin032356 Terrace Rd

This home is located at 6 Terrace Rd in Franklin, NH and zip code 03235. This 6,832 square foot home, which was built in 1920, sits on a 2.08 acre lot. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $5,295,000.

Franklin, NH housing market in November 2024 saw over 4 listings sold above listed price, more than 1 sold at listed price and over 1 sold below. Between October 2024 and November 2024, Franklin, NH real estate market has seen decrease in the number of listings by 11.1%.

From Rocket Homes Real Estate and based on county public records data.

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