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Courtesy of George Hansel of H. G. Johnson Real Estate: .

53 & 59 Marlboro Street

Keene, NH 03431
  • $1,199,000
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • MLS #: 5047688
Under Contract
UPDATED: 46 min ago
$1,199,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,714
    SQFT
  • $210
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

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 Keenes 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.

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© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-07-09T11:06:43.823.
www.dannychampionrealty.com/homes/165114742
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53 & 59 Marlboro Street Keene, NH 03431

  • Price: $1,199,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 46 min ago
  • MLS #: 5047688
0
Beds
0
Baths
0
½ Baths
0.31
Acres
5,714
SQFT
$210
$/SQFT
1910
Built
Neighborhood:
Keene
County:
Cheshire
Area:
Keene
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 Keenes 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.
Exterior Features

Construction Materials Vinyl Siding Lot Features In TownCity Lot Parking AssignedOff StreetOn-SiteParking Spaces 11 - 20 Road Frontage Yes Road Frontage Length 125 Roof Shingle - Asphalt

Interior Features

Basement Yes Basement Access Type Interior Basement Description ApartmentsUnfinishedInterior Access Foundation BrickConcreteFieldstoneGranite Heating Individual Sq Ft Total Building 5714 Sq Ft Total Source Public Records Total Elevators 0

Property Features

Auction No Building Number 2 Electric 100 Amp Electric Company Eversource Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 162000 Investment Info Yes Natural Gas Available Yes Net Income 120528 Pre Construction No Sale Includes Land/Building Seasonal No Sewer Public Sub Property Type BusinessInvestmentMulti-FamilyOffice Tax Gross Amount 18959 Tax Year 2025 Taxes Tbd No Utilities Cable - AvailableTelephone At Site Vacant Land No Water Source Public Zoning Downtown Edge (DT-E)

Courtesy of George Hansel of H. G. Johnson Real Estate: .


© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-07-09T11:06:43.823.
 
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Nashua NH, 03063