The 2-bed, 1-bath single-family ranch at 11 Roosevelt St, Keene, is positioned in a desirable West Keene neighborhood. Based on current comp data, the monthly rent potential ranges from $1,745 to $2,095 for a well-maintained unit of this size. This puts annual gross revenue between $21K and $25K. With a list price of $249.9K, the gross rent multiplier (GRM) is approximately 11–14 years. Keene’s rental market has seen strong upward trends, with average rents rising by 10% in the past month and 23% over the last year[5]. Features like a garage, fenced yard, and proximity to parks and downtown will attract quality tenants and reduce vacancy risk. The property’s age (built 1964) and modest size mean some upgrades may be required to command top rents.
To boost rental income, consider modernizing kitchens and baths, updating flooring, and enhancing curb appeal—especially since the seller offers $7K toward upgrades. If selling, market the home’s one-level living, attached garage, and walkable location to both investors and owner-occupants. Highlighting recent rent growth in Keene and the property’s low-maintenance features can help attract buyers seeking stable, passive income.