Listed by Tanya Roux • Keller Williams Realty-Metropolitan. Bought with EJG Property Management, LLC.
Off Market Dec 2020 for $135K
$303,799
4
bd
•
2 ba
•
1,764
sq ft
40 Spring St, Franklin, NH 03235
About this home
Great property to start making some income! Fully occupied 2-unit multi-family with 2 bedrooms and 1 bath units. Both units have separate utilities, plenty of off street parking, a small yard to maintain and great barn off back for yours or tenant's storage needs. This multi will be great to start off your investments, to add to your portfolio or even owner occupy.
Multi-familyProperty Type
1906Year Built
10,454 sq ftLot Size
$172Est. Price/Sq.Ft.
Listed by Tanya Roux• Keller Williams Realty-Metropolitan
Bought with Elias Gerjes• EJG Property Management, LLC
Fully occupied 2-unit multifamily with 2 bedroom, 1 bath units. Separate Utilities, Natural Gas, Large driveway for parking. Unit 1 has washer/dryer hookups.
PrimeMLS #4359594
Nov 20, 2014
Sold
$15,000
$9/sq ft
May 28, 2014
Listed
$37,400
$21/sq ft
Investment opportunity !! 2 Unit Multi each with 2 bedrooms and bath. Attached barn/garage with plenty of storage space. In need of rehab and improvements. Sale is subject to auction terms.
PrimeMLS #228381
Oct 21, 2005
Sold
$186,000
$105/sq ft
Sep 14, 2005
Listed
$189,900
$108/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,470 (+2.8%)
$72,400 + $124,400
$196,800
2024
$3,375 (+5.5%)
$72,400 + $124,400
$196,800
2023
$3,200 (+17.0%)
$72,400 + $124,400
$196,800
2022
$2,734 (+5.1%)
$58,900 + $53,200
$112,100
2021
$2,602 (+1.6%)
$58,900 + $53,200
$112,100
2020
$2,560 (+1.6%)
$58,900 + $53,200
$112,100
2019
$2,519 (+2.3%)
$58,900 + $53,200
$112,100
2018
$2,462 (−14.2%)
$58,900 + $53,200
$112,100
2017
$2,868 (+1.2%)
$27,200 + $85,000
$112,200
2016
$2,833 (+59.8%)
$27,200 + $85,100
$112,300
2015
$1,773 (−24.6%)
$19,040 + $52,010
$71,050
2011
$2,350
$27,200 + $82,000
$109,200
Tax history for 40 Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$3,470 (+2.8%)
$72,400 + $124,400
$196,800
2024
$3,375 (+5.5%)
$72,400 + $124,400
$196,800
2023
$3,200 (+17.0%)
$72,400 + $124,400
$196,800
2022
$2,734 (+5.1%)
$58,900 + $53,200
$112,100
2021
$2,602 (+1.6%)
$58,900 + $53,200
$112,100
2020
$2,560 (+1.6%)
$58,900 + $53,200
$112,100
2019
$2,519 (+2.3%)
$58,900 + $53,200
$112,100
2018
$2,462 (−14.2%)
$58,900 + $53,200
$112,100
2017
$2,868 (+1.2%)
$27,200 + $85,000
$112,200
2016
$2,833 (+59.8%)
$27,200 + $85,100
$112,300
2015
$1,773 (−24.6%)
$19,040 + $52,010
$71,050
2011
$2,350
$27,200 + $82,000
$109,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
10,454 Sq. Ft.
Year renovated
1950
Sq. Ft.
2,048
Year built
1906
Style
Multi-Family (2-4 Unit)
County
Merrimack County
APN
323749
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
Property details
Interior
Basement Information
Basement: Yes
Basement Access: Interior
Multi-Unit Information
Unit Lease Term: Annual
Total Units: 2
# of 2 Bedroom Units: 2
# of Baths (full): 2
Water: Public
Sewer: Public
Electric: Circuit Breaker(s)
Construction: Wood Frame
Foundation: Stone
Exterior: Asbestos
Roof: Shingle - Asphalt
Driveway: Paved
Heating: Hot Water
Heat Fuel: Gas - Natural
Cooling: None
Water Heater: Off Boiler
Basement Description: Concrete Floor, Full
Unit 1 Information
Unit 1 Approximate Sq. Ft.: 1008
Unit 1 Baths: 1
Unit 1 Bedrooms: 2
Laundry Hookup
Unit 1 Lease Term: Month to Month
Unit 1 Level Number: 1
Unit 1 Rooms: 4
Unit 2 Information
Unit 2 Approximate Sq. Ft.: 756
Unit 2 Baths: 1
Unit 2 Bedrooms: 2
Unit 2 Level Number: 2
Unit 2 Rooms: 4
Exterior
Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 1764
Approximate Sq. Ft. Total: 2772
Lot, Zoning, & Easement Information
Lot: 251
Easements: Yes
City Lot
Survey Information
Surveyed: Unknown
Other Property & Lot Information
Year Built: 1906
Financial
Tax Information
Tax Year: 2019
Gross Amount Tax: 2519
Other Tax Information
Page Deed: 2909
Utilities
Trash Information
Municipal
Other Utilities Information
Cable - Available, High Speed Intrnt -Avail
Yes
Location
Road Information
Road Frontage: Yes
Road Frontage Length: 74
Paved, Public
Other Location Information
Block: 00
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,048
Stories: 2.0
Lot Size: 10,454 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1906
Year Renovated: 1950
County: Merrimack County
APN: 323749
Home facts updated by county records on Aug 5, 2026
Other
Water Body Information
Flood Zone: Unknown
Documents & Disclosures
Documents Available: Deed
Around this home
Schools
Franklin Middle School
Public 4-8 • Assigned • 0.7mi
3/10
Franklin High School
Public 9-12 • Assigned • 0.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 17 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Franklin, NH • 03235
Average low and high temperatures (°F)
29
13
32
13
46
27
58
37
67
47
79
57
84
63
81
56
75
52
63
41
48
32
33
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$289,000 – $350,000
Reach more buyers when you sell with Redfin. Save up to $3,038 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.