4-Unit Apartment
For Sale
$475,000
305 Richmond Rd, Winchester, NH 03470
Fully occupied apartment property with separate workshop and garage spaces.
Property SizeContact for details
Days on Market69
Property Features for 305 Richmond Rd
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Additional Details
Utilities to Site
Yes
Multifamily Units
4
Building Details
Year Built
1983
Buildings
1
Units
4
Listing Agency:
Coldwell Banker Realty
(603) 274-9010
Listed By:
Jack Garber
Source:
Elliman
Added: Jun 24
Changed: Aug 30
Last Checked: Aug 30 at 8:00PM
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
Investment Insights
Based on property information with market context.
Built in 1983, this four-unit apartment property is currently 100% occupied and includes two separate workshop and garage spaces that generate additional income. The residential leases are expiring, and current rents are below market rate. Tenants pay their own heat, hot water, and electricity.
Recent property improvements include a new roof, replaced rear stairs and decking, and a fully replaced leach field. Septic connections serve two 1,000-gallon tanks, which have been serviced and replaced where needed. The property is located at 305 Richmond Road in Winchester, near the Massachusetts border, with access serving commuters and tenants from both states.
Recent property improvements include a new roof, replaced rear stairs and decking, and a fully replaced leach field. Septic connections serve two 1,000-gallon tanks, which have been serviced and replaced where needed. The property is located at 305 Richmond Road in Winchester, near the Massachusetts border, with access serving commuters and tenants from both states.
Key Highlights
- Four residential units with 100% occupancy
- Two separate income‑producing workshop and garage spaces
- New roof and replaced rear stairs and decking
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 03470, NH
4,993
Population
2,248
Households
2.2
Avg Household Size
47
Median Age
21%
College-Educated
90%
High-School Grad
88.2 sq mi
ZIP Area
57
Density / Sq Mi
$73,250
Median Household Income
$42,396
Median Earnings
$1,106
Median Rent
$250,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied apartment property with separate workshop and garage spaces.
Where is this quadplex located?
The property is located at 305 Richmond Rd Winchester, NH.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four residential units with 100% occupancy; Two separate income‑producing workshop and garage spaces; New roof and replaced rear stairs and decking
