406 Back Ashuelot Rd, Winchester, NH 03441
View property features, location on map, relevant school information and overview from seller's agent.
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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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