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Listed by George Hansel • H. G. Johnson Real Estate
$ 1,500,000
Est. payment | /mo
4,664 SqFt
$ 1,500,000
Est. payment | /mo
4,664 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,664 sqft
Price per Sqft $321
MLS Listing ID 5085710
Construction Status Existing
Year Built 1950
Annual Tax Amount $10,658
Tax Year 2025
Lot Size 1.700 Acres
Acres 1.7
Property Description
Don't miss this unique 13-unit multifamily property just a short drive to downtown Keene. Set on 1.7 acres, this property stands out in the market by offering tenants individual, standalone cabin-style homes—providing privacy and a neighborhood feel rarely found in rental properties. The property will be fully occupied as of July 2026 and will offer a strong 8.7% CAP rate, making it an attractive option for investors seeking reliable income. Several tenants have occupied their units for decades, demonstrating consistent demand and long-term stability. Significant recent improvements include the complete reconstruction of two cabins over the past two years, adding modern, high-quality units to the property. With its appealing layout, stable occupancy, and convenient location near shopping, employment, and services in Keene, this property is well-positioned for continued performance. Financials and leases available to qualified buyers upon request.
Location
State NH
County Nh-cheshire
Area Nh-Cheshire
Zoning Business
Rooms
Basement Entrance Interior
Basement Interior Access
Interior
Cooling None
Exterior
Utilities Available Cable Available, Propane, Gas On-Site
Roof Type Shingle
Building
Story 1
Sewer On-Site Septic Exists
Architectural Style Cabin
Construction Status Existing
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