406 Back Ashuelot RD, Winchester, NH 03441
406 Back Ashuelot RD, Winchester, NH 03441
406 Back Ashuelot RD, Winchester, NH 03441
406 Back Ashuelot RD, Winchester, NH 03441
406 Back Ashuelot RD, Winchester, NH 03441
406 Back Ashuelot RD, Winchester, NH 03441
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Thomas Ferraro

Thomas Ferraro

+1(774) 254-7538
Listed by Paul Rodenhauser • BHG Masiello Keene
$ 530,000
Est. payment | /mo

7 Beds

5 Baths

5,321 SqFt

Save
$ 530,000
Est. payment | /mo
Save

7 Beds

5 Baths

5,321 SqFt

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

PrimeMLS
Thomas Ferraro

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(774) 254-7538

thomasfrealtor@gmail.com

Manchester, NH

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406 Back Ashuelot RD