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Listed by Paul Rodenhauser • BHG Masiello Keene
$530,000
Est. payment /mo
7 Beds
5 Baths
5,321 SqFt
Under Contract
406 Back Ashuelot RD Winchester, NH 03441
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Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,321 sqft
Price per Sqft $99
MLS Listing ID 5088004
Bedrooms 7
Full Baths 5
Construction Status Existing
Year Built 1920
Annual Tax Amount $9,829
Tax Year 2025
Lot Size 1.800 Acres
Acres 1.8
Property Description
Investors take notice! Strong cash-flowing 5-unit multifamily property with separate utilities for each unit, making this an ideal low-maintenance investment or 1031 exchange opportunity. Tenants pay their own heat, hot water, and electricity, helping minimize owner expenses and maximize returns. Current monthly rental income is $5,400, not including the spacious 3-bedroom basement apartment that is currently owner-occupied, offering immediate upside potential for additional rental income. There is also opportunity for future rent increases and added income from potential coin-operated laundry using the existing common washer/dryer hookup. The property features clean, well-kept units with stable long-term tenants already in place. Set back from the road on an elevated lot, the building offers a quiet and private setting that tenants appreciate. A solid investment opportunity with reliable income, strong cash flow, tenant-supported operating costs, and long-term appreciation potential. Whether you are expanding your portfolio or completing a 1031 exchange, this income-producing asset is worth a look.
Location
State NH
County Nh-cheshire
Area Nh-Cheshire
Zoning Res
Rooms
Basement Entrance Walkout
Basement Finished
Interior
Cooling None
Flooring Combination
Exterior
Utilities Available Propane
Roof Type Slate
Building
Story 2.5
Sewer Private
Architectural Style Conversion, Multi-Family
Construction Status Existing
Schools
Elementary Schools Winchester School
Middle Schools Winchester School
High Schools Hinsdale Sr. High School
School District Winchester School District
NEARBY SCHOOL & BUSINESS
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