53 & 59 Marlboro Street, Keene, NH 03431
Local realty services provided by:Better Homes and Gardens Real Estate The Milestone Team



53 & 59 Marlboro Street,Keene, NH 03431
$1,199,000
- - Beds
- - Baths
- 5,714 sq. ft.
- Multi-family
- Active
Listed by:george hansel
Office:h. g. johnson real estate
MLS#:5047347
Source:PrimeMLS
Price summary
- Price:$1,199,000
- Price per sq. ft.:$138.1
About this home
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.
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Home facts
- Year built:1910
- Listing Id #:5047347
- Added:56 day(s) ago
- Updated:August 01, 2025 at 10:17 AM
Rooms and interior
- Living area:5,714 sq. ft.
Heating and cooling
- Cooling:Individual
- Heating:Individual
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1910
- Building area:5,714 sq. ft.
- Lot area:0.31 Acres
Schools
- High school:Keene High School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,199,000
- Price per sq. ft.:$138.1
- Tax amount:$18,959 (2025)
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