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Property view

53 & 59 Marlboro Street, 
Keene, NH 03431

$1,100,000


Bed


Bath


5,714

Sq Ft


Multi-Family

Sold

Listed by

George Hansel

H. G. Johnson Real Estate

603-352-5533

MLS#

5047347

Source:

PrimeMLS

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About This Home

53 & 59 Marlboro Street

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.

Home Facts

Multi-Family

Built in 1910

Price Summary

1,199,000

$209 per Sq. Ft.

MLS #:

5047347

Sold:

September 2, 2025


Rooms & Interior

Interior

Living Area:

5,714 Sq. Ft.


Structure

Structure

Building Area:

8,682 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

13,504


Finances & Disclosures

Finances

Price:

$1,199,000

Price per Sq. Ft:

$209 per Sq. Ft.

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Copyright 2026 Prime MLS, Inc. 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 Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 29, 2026