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.
Closed
Listed by:
George Hansel,
H. G. Johnson Real Estate 603-352-5533
Bought with: A Non PrimeMLS Agency
$1,100,000
53 & 59 Marlboro Street, Keene, NH 03431
--beds
--baths
5,714sqft
Multi Family
Built in 1910
-- sqft lot
$1,112,400 Zestimate®
$193/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 05, 2025 at 06:41pm
Listed by:
George Hansel,
H. G. Johnson Real Estate 603-352-5533
Bought with:
None - no buyer representation
A Non PrimeMLS Agency
Source: PrimeMLS,MLS#: 5047347
Facts & features
Interior
Heating
- Individual
Cooling
- Individual
Features
- Basement: Concrete,Concrete Floor,Full,Interior Access,Interior Entry
Interior area
- Total structure area: 8,682
- Total interior livable area: 5,714 sqft
- Finished area above ground: 5,714
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway, Paved, Off Street, On Site, Parking Spaces 1 - 10
Features
- Levels: Two
- Frontage length: Road frontage: 125
Lot
- Size: 0.31 Acres
- Features: City Lot, In Town
Details
- Zoning description: Downtown Edge (DT-E)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick, Concrete, Fieldstone, Granite
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 100 Amp Service, 110 Volt
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Gas On-Site
Community & neighborhood
Location
- Region: Keene