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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: Commercial Investment
- Source: PrimeMLS
- MLS ID: 5047688
- Added to Site: 211 day(s) ago
Parking
- Parking: Assigned, Off Street, On-Site, Parking Spaces 11 - 20
Location
- County: Cheshire
Heating & Cooling
- Heating Type: Individual
Utilities
- Sewer: Public
Structural Information
- Basement Entrance: Interior
- Basement Desc.: Apartments, Unfinished, Interior Access
- Roof: Asphalt Shingles
- Square Feet: 5,714
- Finished Total: 5,714 Sq. Ft.
- Year Built: 1910
Unit Information
- Units in Building: 5
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,504
- Frontage: Yes Road Frontage
- Frontage Feet: 125
- Zoning: Downtown Edge (DT-E)
Financial Considerations
- Price Per Sq. Ft.: $192.51
- Tax Amount: $18,959
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Building Permit, Building Plans, Lease Agreements, Property Disclosure, Right-Of-Way (ROW)
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
6/20/2025
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# 5047688) is a Commercial Investment 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 Commercial Investment real estate for sale in Keene? You can browse all Keene real estate or contact a Coldwell Banker agent to request more information.

