Listed by Donna Tully • Tully Real Estate Solutions LLC. Bought with White Water Realty Group LLC.
Off Market May 2022 for $430K
—
10
bd
•
7 ba
•
6,455
sq ft
6 Terrace Rd, Franklin, NH 03235
About this home
Be in the front row of the revitalization and take advantage of this Investment Opportunity being offered with this 7 unit located in Franklin, a modest town that is on track for redevelopment with many significant investments made into the downtown area in preparation for the first-in-state whitewater park. Property abuts the Winnipesaukee River, join in watching the Kyaker's on the Winni. River Trail, walk to Trestle view park and downtown shops, restaurants and Odell Park. Property has long term tenants, plenty of off street parking, additional storage space in basement, metal roof and has had many updates over the past few years with new metal roofing, new heating systems and electrical upgrades. This property is currently being Professionally Managed and the current Management Company is willing to stay on with the new owners if desired. Showings will be held Sunday 4/3/2022 and Tuesday 4/5/2022 with a confirmed viewing time. Seller is a licensed NH Real Estate Agent.
Multi-familyProperty Type
1920Year Built
2.08 acresLot Size
$67Price/Sq.Ft.
Listed by Donna Tully• Tully Real Estate Solutions LLC
Bought with Vanessa Copp• White Water Realty Group LLC
A 7 unit building with several long term tenants. Two newer boilers. 400 amp electrical service. The building has a metal roof, some vinyl siding and replacement windows. Some interiors have new paint and flooring. A couple of them have not been updated. Please allow 48 hours to notify tenants.
Year
Property tax
Land + Additions
Assessment*
2025
$7,627 (+2.8%)
$105,800 + $326,800
$432,600
2024
$7,419 (+5.5%)
$105,800 + $326,800
$432,600
2023
$7,034 (−27.1%)
$105,800 + $326,800
$432,600
2022
$9,654 (+5.1%)
$82,900 + $312,900
$395,800
2021
$9,187 (+1.6%)
$82,900 + $312,900
$395,800
2020
$9,040 (+1.6%)
$82,900 + $312,900
$395,800
2019
$8,894 (+3.1%)
$82,900 + $312,900
$395,800
2018
$8,628 (+8.5%)
$82,900 + $310,000
$392,900
2017
$7,954 (+1.3%)
$49,600 + $261,600
$311,200
2016
$7,852 (+81.6%)
$49,600 + $261,600
$311,200
2015
$4,324 (−23.3%)
$34,720 + $138,600
$173,320
2011
$5,640
$56,000 + $206,100
$262,100
Tax history for 6 Terrace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,627 (+2.8%)
$105,800 + $326,800
$432,600
2024
$7,419 (+5.5%)
$105,800 + $326,800
$432,600
2023
$7,034 (−27.1%)
$105,800 + $326,800
$432,600
2022
$9,654 (+5.1%)
$82,900 + $312,900
$395,800
2021
$9,187 (+1.6%)
$82,900 + $312,900
$395,800
2020
$9,040 (+1.6%)
$82,900 + $312,900
$395,800
2019
$8,894 (+3.1%)
$82,900 + $312,900
$395,800
2018
$8,628 (+8.5%)
$82,900 + $310,000
$392,900
2017
$7,954 (+1.3%)
$49,600 + $261,600
$311,200
2016
$7,852 (+81.6%)
$49,600 + $261,600
$311,200
2015
$4,324 (−23.3%)
$34,720 + $138,600
$173,320
2011
$5,640
$56,000 + $206,100
$262,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
14
Baths
7
Stories
3
Lot width
—
Lot depth
—
Lot size
2.08 Acres
Year renovated
—
Sq. Ft.
7,108
Year built
1920
Style
Multi-Family (5+ Unit)
County
Merrimack County
APN
892774
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
Property details
Interior
Virtual Tour
Basement Information
Basement: Yes
Basement Access: Walkout
Multi-Unit Information
Unit Lease Term: Month to Month
Total Units: 7
# of 1 Bedroom Units: 2
# of 2 Bedroom Units: 4
# of Baths (full): 7
Parking: Off Street, Parking Spaces 11 - 20
Water: Public
Sewer: Public
Electric: Circuit Breaker(s)
Construction: Wood Frame
Foundation: Other
Exterior: Other, Vinyl Siding
Roof: Metal, Other
Driveway: Dirt, Gravel
Heating: Hot Water
Heat Fuel: Oil
Cooling: None
Water Heater: Off Boiler
Basement Description: Dirt Floor
Unit 1 Information
Unit 1 Baths: 1
Unit 1 Bedrooms: 1
Unit 1 Lease Term: Month to Month
Unit 1 Level Number: 1
Unit 1 Rooms: 3
Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 2
Unit 2 Level Number: 1
Unit 2 Rooms: 4
Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 1
Unit 3 Lease Term: Month to Month
Unit 3 Level Number: 2
Unit 3 Rooms: 3
Unit 4 Information
Unit 4 Baths: 1
Unit 4 Bedrooms: 2
Unit 4 Lease Term: Month to Month
Unit 4 Level Number: 3
Unit 4 Rooms: 4
Unit 5 Information
Unit 5 Baths: 1
Unit 5 Bedrooms: 0
Unit 5 Lease Term: Month to Month
Unit 5 Level Number: 2
Unit 5 Rooms: 2
Unit 6 Information
Unit 6 Baths: 1
Unit 6 Bedrooms: 2
Unit 6 Lease Term: Month to Month
Unit 6 Level Number: 1
Unit 6 Rooms: 4
Unit 6 Rooms: 4
Unit 7 Information
Unit 7 Baths: 1
Unit 7 Bedrooms: 2
Unit 7 Lease Term: Month to Month
Unit 7 Level Number: 2
Unit 7 Rooms: 5
Exterior
Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 6455
Approximate Sq. Ft. Total: 6876
Color: White
Lot, Zoning, & Easement Information
Lot: 011
Easements: Unknown
Level, Sloping
Survey Information
Surveyed: Unknown
Boat, Moorage, and Water Information
Water Body Name: Winnipesaukee River
Other Property & Lot Information
Year Built: 1920
Waterfront: Yes
Waterfront Rights: Shared
Water Body Name: Winnipesaukee River
Water Body Access: Yes
Directly Adjoining
Financial
Tax Information
Tax Year: 2021
Gross Amount Tax: 9294
Other Tax Information
Page Deed: 2309
Utilities
Trash Information
Dumpster
Water Information
Water Restrictions: Unknown
Water Frontage Length: 196
Other Utilities Information
Other
Location
School Information
School District: Franklin School District
Elementary School: Paul A. Smith School
Elementary School: Paul A. Smith School
Middle/Jr School: Franklin Middle School
Road Information
Road Frontage: Yes
Road Frontage Length: 196
Public
Other Location Information
Block: 000
Public facts
Beds: 14
Baths: 7.0
Sq. Ft.: 7,108
Stories: 3.0
Lot Size: 2.08 acres
Style: Multi-Family (5+ Unit)
Year Built: 1920
Year Renovated: —
County: Merrimack County
APN: 892774
Home facts updated by county records on Aug 5, 2026
Other
Water Body Information
River
Flood Zone: Unknown
Around this home
Schools
Franklin Middle School
Public 4-8 • Assigned • 0.8mi
3/10
Franklin High School
Public 9-12 • Assigned • 0.8mi
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, 16 days in 30 years
4/10 Wind Factor
10% 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
79
58
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.