83 Elkins ST Franklin, NH 03235

One of the BEST INVESTMENT PROPERTIES on the market! Will NOT LAST at this price. Where else can you bring in $5,150 per month in rent on a buy-in purchase price of just $424,900? Nowhere. The $5,150/month is just the start, as rents are going nowhere but UP. FOUR UNITS, with TWO, 1-bedroom apartments, and TWO, 2-bedroom apartments. This property is PERFECT for either an INVESTOR, or an OWNER OCCUPIED situation. Three of the four apartments are on a one year lease, and one is on a month-to-month tenancy. An INVESTOR is free to continue the month-to-month rental, or convert to a lease. An OWNER OCCUPANT can live in one apartment, and collect rent on the other three. An OWNER OCCUPANT, using a minimal down payment FHA loan could literally live here with ZERO out of pocket housing expense, and actually pocket positive cash flow. An INVESTOR,using a 20% down payment can bring in nearly $1,800 per month (NET, after Operating Expenses and Debt Service) in pre-tax, positive cash flow. PERFECT LOCATION, within easy walking distance to the Franklin downtown. Barely 5 miles to Interstate-93, and just 13 miles to Laconia, and the HEART OF THE LAKES REGION. Wow!!!