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$1,100,000
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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 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.
Full Property Details
Full Property Details for 53 & 59 Marlboro St
General
- Sold For: $1,100,000
- Taxes: $18,959 (2025)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5047347
- Added to Site: 254 day(s) ago
Parking
- Parking: Off Street, On-Site, Parking Spaces 1 - 10
Location
- County: Cheshire
School Information
- School District: Keene Sch Dst SAU #29
- High School: Keene High School
Heating & Cooling
- Cooling Type: Individual
- Heating Type: Individual
Utilities
- Sewer: Public
- Trash: Dumpster
- Separate Meters: Yes
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Apartments, Concrete, Concrete Floor, Full, Interior Access
- Roof: Shingle - Asphalt
- Stories/Levels: 2
- Finished Total: 5,714 Sq. Ft.
- Finished Above Grnd: 5,714 Sq. Ft.
- Year Built: 1910
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
- 3 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,504
- Frontage: Yes Road Frontage
- Frontage Feet: 125
- Driveway/Sidewalk: Common/Shared, Paved
- Zoning: Downtown Edge (DT-E)
Financial Considerations
- Price Per Sq. Ft.: $209.84
- Tax Amount: $18,959
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Blueprints, Building Plans, Covenants, Deed, Lease Agreements, Plot Plan, Property Disclosure, Tax Map, Town Approvals
- Lot Number: 094, 095
Listed by H. G. Johnson Real Estate, George Hansel
Sold by A Non PrimeMLS Agency, None -. no buyer representation
Get Pre-Approved Today
Schools
Schools serving 53 & 59 Marlboro St
School District:Keene School District
| Name | Grades | Distance |
|---|---|---|
Wheelock Elementary School 24 Adams Street, Keene, NH 03431 | K-5 | 0.1 mi |
Keene Middle School 167 Maple Avenue, Keene, NH 03431 | 7-8 | 2.7 mi |
Keene High School 43 Arch Street, Keene, NH 03431 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 53 & 59 Marlboro St
Date
Details
Price
Change
Source
9/02/2025
Sold
$1,100,000
-8.26%
MLS
6/18/2025
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
53 & 59 Marlboro Street, Keene, NH 03431 (MLS# 5047347) is a Multi-Family property that was sold at $1,100,000 on September 02, 2025. Want to learn more about 53 & 59 Marlboro Street? Do you have questions about finding other Multi-Family real estate for sale in Keene? You can browse all Keene real estate or contact a Coldwell Banker agent to request more information.

