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.
Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Sewer,Snow Removal,Trash,Utilities,Water
Annual Expenses
Taxes: $10,658
Income
Gross Income | $177,840
NetIncome | $131,300
Appliances : Gas Water Heater
Construction: Clapboard Exterior
Year Built: 1950
Style: Cabin
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 5912
Above Grade Sq.Ft.: 4664
Basement: Interior Access
Roof: Shingle
Seasonal: No
Heating: Electric | Gas Heater
Cooling: None
Electric: 100 Amp Service
Trash: Dumpster
Utilities: Cable Available | Propane | Gas On-Site
Electric Meters:
Water: Public
Sewer: On-Site Septic Exists
Land Information
Level
Lot size: 1.7 acres
Zoned: Business)
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 198
Driveway: Common/Shared | Dirt