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  • 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

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    What's special

    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.

    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#: 5047347MLS Logo

    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