305 Richmond Road, Winchester, NH 03470
Fully occupied four-unit building plus two workshop/garage spaces; tenants pay heat, hot water, and electricity.
- Added:
- Jun 13, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 16 at 2:06 am
Property Features for 305 Richmond Road
General Information
- Standard status
- Active
- Size
- 3,956 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1983
Listing agent Jack Garber
Listing office Coldwell Banker Realty Nashua (603) 673-4000
Listing date Jun 13, 2026
Source Threehillsres
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty Nashua
HighLights
- 1983‑built, fully occupied 4‑unit apartment building with 100% tenancy and a consistent rental history
- Tenants pay their own heat, hot water, and electricity, helping keep operating expenses low
- Includes two separate workshop/garage spaces that provide additional income
- Recent major capital improvements: brand‑new roof; replaced rear stairs and decking
- Newer septic system work includes a fully replaced leach field and septic connections to two 1,000‑gallon tanks serviced and replaced where needed
- Rents are below market rate with leases expiring, offering potential for market‑rate rent increases
Overview
Located at 305 Richmond Road in Winchester, New Hampshire, the building is near the Massachusetts border and positioned to serve tenants and commuters traveling between the two states.
The units are currently 100% occupied with long-term tenants, and tenants are responsible for their own heat, hot water, and electricity, helping keep operating expenses aligned with resident usage. The remarks also indicate the leases are expiring, which may allow a new owner to review future rent levels at lease renewal while maintaining the existing occupancy profile. With recent infrastructure work already completed, this property is presented as a lower-maintenance option for an investor or buyer seeking a multi-family asset with both residential units and workshop/garage income potential.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Cheshire
- State
- New Hampshire
- Longitude
- -72.3584873
- Latitude
- 42.7622176