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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 #: 5047347
Under Contract
UPDATED: 51 min ago
$1,199,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,714
    SQFT
  • $210
    $/SQFT
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

High School:
School District:

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 2025-07-07T14:05:57.883.
www.mcguirkproperties.com/homes/165059111
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53 & 59 Marlboro Street Keene, NH 03431

  • Price: $1,199,000
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 51 min ago
  • MLS #: 5047347
0
Beds
0
Baths
0
½ Baths
0.31
Acres
5,714
SQFT
$210
$/SQFT
1910
Built
County:
Cheshire
Area:
Keene
High School:
Keene High School
School District:
Keene Sch Dst Sau #29
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

Architectural Style Duplex Construction Materials Vinyl Siding Driveway Common/SharedPaved Has Garage No Lot Features City LotIn Town Parking Off StreetOn-SiteParking Spaces 1 - 10 Road Frontage Yes Road Frontage Length 125 Roof Shingle - Asphalt Water Body Access YN No Water View YN No Waterfront Property No

Interior Features

Basement Access Type Interior Basement Description ApartmentsConcreteConcrete FloorFullInterior Access Cooling Individual Foundation BrickConcreteFieldstoneGranite Has Basement Yes Heating Individual

Property Features

Construction Status Existing Easements Yes Electric 100 Amp110 Volt Electric Company Eversource Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 162000 Pre Construction No Road Frontage Type PublicPublic Maintained Road Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 18959 Tax Year 2025 Taxes Tbd No Total Leases 5 Total1 Bed Units 1 Total2 Bed Units 1 Total3 Plus Bed Units 2 Trash Dumpster Utilities CableGas - On-Site 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 2025-07-07T14:05:57.883.
 
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McGuirk Properties, LLC
95 Ocean Blvd
Hampton NH, 03842