Brand-New Duplex with Attached
24 Munroe Street # 1&2 Franklin, NH 03235
24 Munroe Street # 1&2, Franklin, NH, 03235
$579,900
For Sale
$579,900
Newly built duplex with two 2-bedroom units, separate utilities, central air, and an attached garage for convenient living.
Property Size1,920 SF
Price / SF$302.03
Days on Market276
Property Features for 24 Munroe Street # 1&2
General Information
- Standard status
- Active
- Size
- 1,920 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2026
Listing Agency
Atlantic Properties
(978) 578-5013
Listed by
Chris Bernier
(978) 578-5013
Source
Churchillprop
Added: Oct 16, 2025 Checked: Jul 17 at 3:35 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Properties
Investment Insights
Based on property information with market context.
This brand-new duplex offers two well-appointed 2-bedroom units designed with bright, open-concept layouts and contemporary finishes. The property includes central air conditioning and gas heat, with public water and sewer service. Each unit is supported by separate utilities, providing practical independence for occupants. Exterior materials include vinyl siding and architectural shingles, contributing to low-maintenance durability. An attached garage is included for added convenience.
Located in Franklin, NH, the home sits on a generously sized lot and is positioned for easy access to the Lakes Region area as well as everyday needs. The surrounding conveniences listed include shopping, restaurants, schools, hospitals, trails, recreation, and commuter routes.
For owner-occupants, the duplex structure allows one unit to be lived in while the other supports offsetting household expenses. For investors and multi-family buyers, the two separate 2-bedroom units, modern construction, and independent utilities are built-in features that simplify tenant management. The open layouts, central air, and gas heat help round out a contemporary residential offering in a recently constructed property.
Located in Franklin, NH, the home sits on a generously sized lot and is positioned for easy access to the Lakes Region area as well as everyday needs. The surrounding conveniences listed include shopping, restaurants, schools, hospitals, trails, recreation, and commuter routes.
For owner-occupants, the duplex structure allows one unit to be lived in while the other supports offsetting household expenses. For investors and multi-family buyers, the two separate 2-bedroom units, modern construction, and independent utilities are built-in features that simplify tenant management. The open layouts, central air, and gas heat help round out a contemporary residential offering in a recently constructed property.
Key Highlights
- Brand‑new duplex built in 2026, featuring two 2‑bedroom units.
- Each unit offers separate utilities for independent living and management.
- Central air conditioning and gas heat included.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.5k | $21.60 |
| − Vacancy | −$2.1k | −$1.08 |
| EGI | $39.4k | $20.52 |
| − OpEx | −$11.8k | −$6.16 |
| NOI | $27.6k | $14.36 |
1,920 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$394.0K
$344.7K – $459.7K
NOI $27,579 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$363.1K
$317.7K – $423.6K
NOI $25,414 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$499.9K
$437.4K – $583.3K
NOI $34,995 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Newly built duplex with two 2-bedroom units, separate utilities, central air, and an attached garage for convenient living.
Where is this duplex located?
The property is located at 24 Munroe Street # 1&2 Franklin, NH.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Brand‑new duplex built in 2026, featuring two 2‑bedroom units.; Each unit offers separate utilities for independent living and management.; Central air conditioning and gas heat included.
