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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Keene, NH

$ 269,000
ROI
31.6
Cash Flow/m
890- 4 Bed
- 3 Bath
- 1462 sft
98 Carroll Street, Keene, NH, 03431

Rental Income
$ 355,000
ROI
24.6
Cash Flow/m
482- 4 Bed
- 2 Bath
- 1960 sft
130 Island Street, Keene, NH, 03431

$ 349,900
ROI
20.4
Cash Flow/m
67- 6 Bed
- 2 Bath
- 2273 sft
31 Franklin Street, Keene, NH, 03431

Rental Income
$ 249,000
ROI
24.9
Cash Flow/m
355- 4 Bed
- 3 Bath
- 3442 sft
51 Beech Street, Keene, NH, 03431
Why Invest in Keene, New Hampshire?
Multi-family properties in Keene, NH offer strong investment potential with steady rental demand from students and professionals. Average rents around $1,800 per unit support solid cash flows in this stable market. Cap rates hover at 6-7%, bolstered by modest appreciation of 4% annually. Renter occupancy exceeds 45%, driven by Keene State College and local employers. Inventory growth provides opportunities for value-add multi-family deals.
8.5%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$18500/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Keene offers stable cash flows from high renter occupancy near Keene State College. Multi-family cap rates around 6.5% and 4% appreciation make it attractive. Demand from students and locals ensures low vacancy.
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