53 & 59 Marlboro
Keene, NH 03431
Map
- – beds
- – baths
- 5,714 sqft
- 13,504 sqft lot
- $209 per sqft
- 1910 build
- – on site
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.
Last checked:
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Last updated Jun 19, 2025
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MLS# 5047347 —
The Building
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Year Built:1910
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Vinyl Siding
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Architectural Style:Duplex
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Roof:Shingle - Asphalt
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Foundation:Brick, Concrete, Fieldstone, Granite
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Total Stories:2
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Total Units:5
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Approx SqFt Total:8682
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Approx SqFt Total Finished:5,714 Sqft
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Approx SqFt Finished Above Grade:5,714 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade:1144
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Unfinished Below Grade:1824
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Approx SqFt Finished Building Source:Public Records
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
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Road Frontage Type:Public, Public Maintained Road
Interior
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Basement:Yes
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Basement Description:Apartments, Concrete, Concrete Floor, Full, Interior Access
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Basement Access Type:Interior
Location
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Map:590
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot:094, 095
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Lot Features:City Lot, In Town
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Lot SqFt:13,504 Sqft
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Lot Acres:0 Sqft
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Zoning:Downtown Edge (DT-E)
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Driveway:Common/Shared, Paved
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Road Frontage:Yes
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Road Frontage Length:125 Sqft
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Waterview:No
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Waterfront:No
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Water Body Access:No
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ROW - Length:80.05'
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ROW - Width:18'
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ROW - Parcel AccessYes
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ROW to other ParcelYes
Listing Agent
- Contact info:
- Office phone:
- (603) 352-5533
Taxes
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Tax Year:2025
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Taxes TBD:No
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Tax - Gross Amount:$18,959
Beds
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Total 2 Bedroom Units:1
The Listing
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Price Per SqFt:209.84
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Individual
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Cooling:Individual
Utilities
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Utilities:Cable, Gas - On-Site
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Separate Utilities:Yes
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Sewer:Public
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Electric:100 Amp, 110 Volt
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Water Source:Public
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Trash:Dumpster
Schools
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High School:Keene High School
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School District:Keene Sch Dst SAU #29
The Community
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Covenants:Yes
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Easements:Yes
Parking
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Parking:Off Street, On-Site, Parking Spaces 1 - 10
Extra Units
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Total 3+ BR Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/18/25
Jun 18, 2025
|
Listed / Active | PRIME_MLS | $1,199,000 |
