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    27 Washington Street Ashland, NH 03217

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    Claim this Listing
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    For Sale
    $479,000

    Multi-Family - Ashland, NH

    Property size:
    2,043 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $234/SF
    Added:
    May 1, 2026
    Days on Market:
    3
    Last Refresh:
    May 3 at 1:06 pm

    Property Features for 27 Washington Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RES 1
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Paved or Surfaced
    EntryLevel
    Unit 1: 1,Unit 2: 2
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Standard status
    Active
    Size
    2,043 SF
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4274

    Utilities

    Heating system
    Hot Water (Heating), Propane (Heating)

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Vinyl
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Jennifer Frost
    Jennifer Frost

    Listing agent Jennifer Frost

    Listing office Keller Williams Realty Metro-Londonderry 50 Nashua Road, Suite 111., Bedford, NH

    Listing date May 1, 2026

    MLS# 5086702 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rehabilitated Multi-Family Colonial

    This multi-family property in Ashland, NH, features a completely rehabilitated four-square colonial. The property includes a 2-bedroom unit on the main floor and a 3-bedroom unit upstairs, suitable for rental, a second home, or multi-generational living. Each unit features an open-plan kitchen with stylish cabinets, soft-close drawers, new stainless steel appliances, and white Napoli granite countertops with a center island. The bathrooms are updated with new fixtures, tile floors, and linen closets, with an upsized bathroom in the second unit. Laundry hookups are available in each unit. The property features neutral luxury vinyl plank flooring throughout, new doors, hardware, trim, double door closets, and recessed lights. A new porch with Trex decking and an entry paver patio provide a welcoming entrance. The interior has been rebuilt from the studs, including new drywall, subfloors, and tilt-in windows. The property includes a new furnace, tankless water heater, energy-efficient insulation, Pex and PVC plumbing, new electrical wiring and panels, a replaced roof and vinyl siding, and added fencing. Located minutes from 93, Ashland is near the Lakes Region and the Mount Washington Valley, with proximity to Plymouth State, Speare Hospital, Waterville Valley, and Squam Lake. The lot size is 0.44 acres, and the property size is 2043 square feet. The property is zoned RES 1. The property is suitable as an income property, recreational home base, or for shared living. Any questions about short term rentals should be directed to the town officials.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Grafton
    State
    New Hampshire
    Longitude
    -71.6272962
    Latitude
    43.6914923

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    • $375,000
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      Main Street Commercial Opportunity

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    FAQs

    What type of property is this?
    Duplex - Completely renovated multi-family property near Lakes Region and Mount Washington.
    Where is this duplex located?
    The property is located at 27 Washington Street Ashland, NH.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: Completely renovated two‑family home with new systems and roof.; Two units: a 2‑bedroom unit and a 3‑bedroom unit, both with new kitchens and bathrooms.; Modern kitchens featuring stainless steel appliances, soft‑close drawers, white Napoli granite countertops, and a center island.
    6039652992x6688
    We can help!
    Listing Contact
    Jennifer Frost
    Jennifer Frost
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    27 Washington Street, Ashland, NH 03217

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