Listed by Isabella Luhrs • BHG Masiello Keene. Bought with BHG Masiello Keene.
Sold on sep 2026
$360,000
8
bd
•
4 ba
•
2,425
sq ft
40 Myrtle St, Keene, NH 03431
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About this home
Two homes, eight bedrooms, and one exceptional investment opportunity in the heart of Keene! 40 Myrtle Street is a two-unit multifamily property, with each unit offering four bedrooms and two full bathrooms. Both feature functional, two-level layouts with generous living spaces and in-unit washer and dryer hookups. One residence, originally built in 1870, was completely renovated in 2011, while the second was newly constructed that same year. Each unit has separate electric, heating, and water utilities. Additional features include a three-year-old tankless heating system in Unit 2, two 110-amp electrical panels, town water and sewer, vinyl siding, ample off-street parking, yard space, and tenant-paid utilities. The spacious layouts offer flexibility for comfortable everyday living, home offices, storage, or bonus space. While the property is ready for cosmetic updates, its major systems have been maintained. Conveniently located just minutes from Keene State College and downtown Keene, with shopping, restaurants, the bike path, and everyday amenities nearby. Nearby major highways provide convenient commuting options. Whether you’re seeking rental income or a smart live-in investment, this property is well positioned to become a cornerstone of your portfolio. Unit 1 is leased through December 31, 2026, and Unit 2 is leased through September 15, 2026. Tenant occupied; 48-hour notice is required for all showings.
Beyond excellent investment opportunity. Two 4 bedroom houses on the same lot within walking distance to KSC and Downtown Keene. FULLY RENTED THROUGH MAY 2019! One house, built in 1870, completely renovated in 2011. Other house was constructed NEW in 2011. Both houses have 4 bedrooms and 2 full baths. Code compliant hard wired smoke detectors throughout, ample parking and decent yard. Extremely good rate of return at current rents. Owner pays all utilities, but still nets $45k income before debt service. Seller is a licensed NH Real Estate Broker. Tenant leases to convey with sale.
PrimeMLS #2826884
Jun 30, 2010
Sold
$70,000
$29/sq ft
Apr 1, 2010
Listed
$139,500
$58/sq ft
presently used as 4 bdrm; ideal starter home or college rental; dead end street close to college and downtown; needs some work
Year
Property tax
Land + Additions
Assessment*
2012
$3,290
Public record
Beds
3
Baths
1
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
—
Sq. Ft.
—
Year built
1870
Style
Single Family Residential
County
Cheshire County
APN
M027010-B220000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 31, 2023.
Property details
Interior
Virtual Tour
Basement Information
Basement: Yes
Basement Access: Interior
Equipment & Appliance Information
Appliances: Water Heater – Electric, Water Heater–Gas–LP/Bttle, Water Heater – On Demand, Water Heater – Separate
Exterior
Building Information
Architectural Style: Other
Construction Status: Existing
Construction Materials: Wood Frame, Vinyl Siding
Approximate Sq. Ft. Total Finished: 2425
Approximate Sq. Ft. Total: 3336
Color: Grey
Lot, Zoning, & Easement Information
Lot: 39
Easements: Unknown
Lot Features: Level, Sidewalks, Walking Trails, In Town, Near Paths, Near Shopping, Near Hospital, Near School(s)
Income Information
Net Income: $38,380
Survey Information
Surveyed: Unknown
Other Property & Lot Information
Year Built: 1870
Financial
Tax Information
Tax Year: 2025
Gross Amount Tax: 9706
Other Tax Information
Page Deed: 560
Utilities
Trash Information
Dumpster
Water Information
Water Source: Public
Other Utilities Information
Internet: Fiber Optic Internt Avail, High Speed Intrnt -Avail
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 17 days in 30 years
4/10 Wind Factor
12% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Keene, NH • 03431
Average low and high temperatures (°F)
30
13
33
14
48
27
59
37
68
47
79
56
83
61
81
56
76
50
63
39
49
31
35
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 11% for direct sun exposure in Keene. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$430,000 – $521,000
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