List Price: $525,000 | $143 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 3 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Under Contract Date Listed Saturday Oct 5, 2024 | MLS# 5017555



Address: 56 Marlboro Street Keene NH
Listed by Susan Doyle BHG Masiello Keene
Description:
The pride of ownership here can be shared with you, the fortunate investor. The main building of the two buildings is a 4 unit apartment building with a one car attached garage and some storage above it. There is a 2 bedroom and also a one bedroom unit on the FIRST floor and two one bedroom units on the second floor. Each has one bathroom. You will find some tin ceilings and wood floors and good natural light. The clean basement , ample paved parking, edge of downtown transition zoning (DT-E), vinyl siding , town water and sewer, porches and a separate second single story building are part of this package. Info on the detached building which is not noted on the listing info ...It is 644 sqft. (per the City) , one level, no basement, gas heat ..presently a hair salon with many years of history.. It has a half bath and a separate electric panel. It has been generating about $6780. a year. The owners have been paying the w/s , insurance and taxes (there is one bill for the entire parcel) here. THE 2 bedroom and one of the one bedrooms will be vacant soon (moving to California and the other is buying a home). The gross rents for the 4 family are $48,360. plus $6780. for the separate building. Rents are or have been 2 bedroom-- $1200. The one bedrooms are $1010, $980 and $840. (mostly long term tenants all with heat included. Operating Expenses : Heat,Insurance,Sewer,Snow Removal,Trash,Water,Water/Sewer
Annual Expenses

Taxes: $12,638
Income
Gross Income | $48,360
Appliances : Water Heater – Tank

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 5
Level: 1
Tenant Pays : Electric
Signed Lease : Yes

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 1
Tenant Pays : Electric

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 2
Tenant Pays : Electric

UNIT 4 INFORMATION

Beds: 1
Baths: 0
Rooms: 3

Construction: Wood Frame | Vinyl Siding
Year Built: 1910
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5196
Above Grade Sq.Ft.: 3669
Basement: Crawl Space | Unfinished
Foundation: Granite | Stone
Exterior Features:
Porch - Covered
Exterior Color: white
Roof: Shingle | Slate
Garage And Parking: Storage Above | Driveway | Parking Spaces 11 - 20 | Paved
Seasonal: No
Heating: Oil | Baseboard | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Other
Electric Meters: 4
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
Level
Lot size: 0.34 acres
Zoned: DT-E)
Surveyed: Yes
SurveyedBy: David Mann
Flood Zone: No
Roads: Public
Road Frontage: 74
Driveway: Paved
Additional Information
Block - 85
Taxes $12,638
Assesed Value Not Reported
Schools
School District: Keene Sch Dst SAU #29
Elementary School: Wheelock Elementary
Middle School: Keene Middle School
High School: Keene High School

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