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Three-Unit Residential Income Building
For Sale
$415,000

74-76 Water ST, Keene, NH 03431

Well-maintained three-unit multifamily with studio and two 2-bedroom apartments, in-unit laundry access, and ample parking.

Property Size2,123 SF
Price / SF$195.48
Days on Market129

Property Features for 74-76 Water ST

General Information

Standard status Active
Size 2,123 SF
Property subtype Multi-Family
Zoning DT-T

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Building Size 2,123 SF
Year Built 1900
Stories 1
Tenancy Multi
Listing Agency: BHG Masiello Keene
Listed By: Paul Rodenhauser
Source: Hometown-team
Added: May 4 Changed: Sep 4 Last Checked: Aug 19 at 4:12AM

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 BHG Masiello Keene

Investment Insights

Based on property information with market context.

This well-maintained three-unit multifamily property includes one studio unit and two 2-bedroom apartments. The two 2-bedroom units offer onsite washer and dryer access. Updates include newer on-demand Rinnai tankless water heaters fueled by Liberty gas, along with vinyl siding and a newer roof intended to reduce maintenance needs. Skylights are included to bring natural light into the units, and the property has additional garage space that can support owner or tenant storage. The yard is level and provides usable outdoor space.

Located in convenient downtown Keene, the property is close to downtown amenities, the Monadnock Food Co-op, and the area’s trail system. Each tenant pays their own heat, hot water, and electricity, which helps keep owner expenses controlled.

The building is described as renovated and well cared for throughout, presenting a turn-key setup for either owner-occupants or investors.

Key Highlights

  • 3‑unit multifamily built in 1900 with 1 studio unit and two 2‑bedroom apartments
  • Each tenant pays their own heat, hot water, and electricity
  • On‑demand Rinnai tankless water heaters fueled by Liberty gas

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Garden Center Locksmith Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store HVAC Service

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
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,631
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained three-unit multifamily with studio and two 2-bedroom apartments, in-unit laundry access, and ample parking.
Where is this triplex located?
The property is located at 74-76 Water ST Keene, NH.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 3‑unit multifamily built in 1900 with 1 studio unit and two 2‑bedroom apartments; Each tenant pays their own heat, hot water, and electricity; On‑demand Rinnai tankless water heaters fueled by Liberty gas
More about this property
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