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Triplex with New Heating System
For Sale
$399,900

120 Elm Street, Keene, NH 03431

Separate electric meters serve each residence, alongside a shared laundry area and off-street parking.

Property Size2,143 SF
Price / SF$186.61
Days on Market9

Property Features for 120 Elm Street

General Information

Standard status Active
Size 2,143 SF
Property subtype Multi-family
Lease Term []

Units

Unit Mix 2 x 2BR, 1 x 3BR
Multifamily Units 3

Amenities

shared first-floor laundry area
off-street parking

Building Details

Year Built 1880
Listing Agency: Keller Williams Realty-Metropolitan
Listed By: Kristi Whitten
Source: Berkleyveller
Added: Oct 9 Changed: Oct 16 Last Checked: Oct 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty-Metropolitan

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Investment Insights

Based on property information with market context.

This Keene triplex contains three apartments: two with two bedrooms and one with three. A new heating system serves the building, and each residence has its own electric meter. Residents also share a first-floor laundry area, with off-street parking provided on site.

The property is located at 120 Elm Street in Keene. The stated cap rate is 11%.

Key Highlights

  • Three apartments: two 2‑bedroom units and one 3‑bedroom unit
  • New heating system serves all three residences
  • Individual electric meters for each unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Pet Store & Service Restaurant Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,569
Businesses Nearby

Demographics for 03431, NH

24,978
Population
11,168
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
60.0 sq mi
ZIP Area
416
Density / Sq Mi
$78,196
Median Household Income
$40,456
Median Earnings
$1,279
Median Rent
$233,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate electric meters serve each residence, alongside a shared laundry area and off-street parking.
Where is this triplex located?
The property is located at 120 Elm Street Keene, NH.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom units and one 3‑bedroom unit; New heating system serves all three residences; Individual electric meters for each unit
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