124 Washington St Keene, NH 03431
This magnificent Georgian Colonial property presents a unique investment opportunity in the desirable city of Keene, New Hampshire. Located on a prime residential street, this 5-unit multi-family building boasts 11,479 square feet of living space spread across its five units. Currently operating as a highly successful short-term rental business, this property offers immediate income potential with established occupancy rates. The property sits on a 0.25-acre lot, providing ample space and off-street parking for residents and guests. A two-bay garage adds further convenience and storage options. The building's classic Georgian Colonial architecture is both visually appealing and well-maintained, ensuring long-term value and curb appeal. This property is an excellent choice for investors seeking a turnkey operation with proven profitability in a thriving New Hampshire market. The substantial square footage and multiple units provide significant rental income potential, making it an attractive investment for both seasoned and new investors. The convenient location on a premiere residential street offers easy access to local amenities, businesses, and transportation. This is a rare opportunity to acquire a high-performing multi-family property in a sought-after location. The combination of historical charm, modern functionality, and proven rental income makes this an exceptional investment prospect. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.