Under contract

406 Back Ashuelot Rd, Winchester, NH 03441

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBHG Masiello Keene
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Overview

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

Full feature list

Basic info

Property type
Other residential
Number of stories
2.5
Lot size (acres)
1.80
Year built
1920

Interior features

Basement
Yes, Finished

Exterior features

Horse amenities
Stable

Utilities

Heating
Oil, Propane
Cooling
None

Public schools

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Sourced from: PrimeMLS MLS®#: 5088004 Last checked:

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