Listed price in listed location currency (USD).
$399,900

000

MLS® 5113927

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2143 sqft
Garage 
Taxes $6,489
Days Active 0
Lot Size 0.14 Acres
Approx. Age 1880
Avg. Price Per Sqft $186
MLS® Number 5113927

Property Address: 120 Elm St, Keene, NH, 03431-3061

Average square foot calculated using Size range provided by listing agent.

Description

Here’s a well-positioned multi-family opportunity in the heart of Keene. 120 Elm Street offers three residential units across 2, 142 square feet, with projected gross rents of $4, 945 per month ($59, 340 per year) and an impressive 11% cap rate. The two 2-bedroom units are currently leased at $1, 100 and $1, 645 per month. The spacious first-floor 3-bedroom unit is vacant and projected to rent at $2, 200 per month, so a new owner can choose their own tenant or move in and live in one unit while the other two help cover the mortgage. The gap between the two 2-bedroom rents also suggests room to raise rent over time. A brand-new heating system serves all three units, giving you peace of mind and lower near-term capital costs. Each unit has its own electric meter, so tenants pay their own electricity. A shared first-floor laundry area and off-street parking add convenience for residents and lasting value for the owner. Keene’s steady rental demand, supported by local colleges, healthcare, and a lively downtown, makes this property a strong long-term hold. Contact us today for full financials and to schedule a private showing.
MLS® Number5113927
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
BasementUnfinished
Driveway
Garage Spaces
HeatHot Water
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 12, 2026List Date
$399,900List Price
  • Commute

Commute

Starting Address
Destination Address
120 Elm St, Keene, NH

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