53 & 59 Marlboro ST new Save Request In-Person Tour Request Virtual Tour
Keene,NH 03431
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,714 sqft
Price per Sqft $209
MLS Listing ID 5047347
Year Built 1910
Annual Tax Amount $18,959
Tax Year 2025
Lot Size 0.310 Acres
Property Description
Rare 10% CAP RATE Investment – 100% leased, Mixed-Use Opportunity in Downtown Keene. Discover this exceptional investor opportunity with two adjoining, income-producing properties located just steps from Keene's vibrant downtown. –Total Units: 4 existing residential units + 1 commercial office. –Zoning: Mixed-use, with city approval for 2 additional residential units. –Parking: At least 11 on-site spaces. –Location: 1-minute walk downtown, rail trail, restaurants, and shops –53 Marlboro Street features a well-maintained office space with a kitchen, two bathrooms, six private offices, and an ADA-accessible ramp. At the rear of the building are two newly built residential units—a 2-bedroom and a 1-bedroom. The city has approved plans to convert the office portion into two additional residential units, offering immediate value-add potential for investors looking to optimize the residential income. 59 Marlboro Street is a classic duplex with two spacious 3-bedroom units, fully leased to reliable, long-term tenants. Both buildings sit on separate parcels but could be merged for 1031 exchange compatibility. This is a turn-key multifamily investor opportunity in downtown Keene with parking – A truly rare find! Seller may be willing to sell each parcel individually. Contact us today for detailed financial details or to schedule a private tour. Proof of financing and a minimum 24-hour notice required to schedule a showing.
Location
State NH
County Nh-cheshire
Area Nh-Cheshire
Zoning Downtown Edge (DT-E)
Rooms
Basement Entrance Interior
Interior
Cooling Individual
Exterior
Garage Description Off Street,On-Site,Parking Spaces 1 - 10
Utilities Available Cable,Gas - On-Site
Waterfront Description No
View Y/N No
View No
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Brick,Concrete,Fieldstone,Granite
Sewer Public
Schools
High Schools Keene High School
School District Keene Sch Dst Sau #29