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Quadplex with Income-Producing Workshops
For Sale
$475,000

305 Richmond Road, Winchester, NH 03470

Multi-Family, Winchester, NH

Property Size2,790 SF
Lot Size1.00 Acre
Price / SF$170.25
Days on Market96

Property Features for 305 Richmond Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
Lot features In Town
Elementary school Winchester School
Middle school Winchester School
High school Keene High School
Elementary school district Winchester School District
Middle school district Winchester School District
High school district Winchester School District
Standard status Active
Size 2,790 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10730

Utilities

Heating system Propane (Heating), Kerosene, Oil
Water source Public

Building Details

Year built 1983
Floors in Building 3
Number of units 4
Building materials Wood Frame, Wood Siding
Roof type Membrane, Shingle
Architectural style Other
Listing Agency: Coldwell Banker Realty Nashua · Coldwell Banker Real Estate
Listed By: Jack Garber
Added: Jun 8 Changed: Sep 9 Last Checked: Sep 11 at 7:06AM
MLS# 5093431

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.

Investment Insights

Based on property information with market context.

This 2,790-square-foot quadplex contains four residential units and two separate workshop or garage spaces that generate additional income. The property is situated on 1 acre and was built in 1983, with wood-frame construction and wood siding. Recent work includes a new roof, replacement rear stairs and decking, a fully replaced leach field, and septic connections serving two 1,000-gallon tanks. Public water is available, and heating systems include propane, kerosene, and oil.

All four residential units are currently occupied by long-term tenants. Residents pay their own heat, hot water, and electricity. The property is located in Winchester near the Massachusetts border, providing access for occupants commuting between New Hampshire and Massachusetts. Zoning is RES.

Key Highlights

  • Four residential units with 100% current occupancy
  • Two separate income‑producing workshop or garage spaces
  • 2,790 square feet on 1 acre

Property Analytics

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Current Use

BK Plumbing & Heating Plumbing Service

Suggested Use

Top Pick Electrical Service Building Supply Plumbing Service Kitchen & Bath Showroom Computer & Electronic Repair Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property with separate workshop and garage spaces, full occupancy, and recent exterior and septic improvements.
Where is this quadplex located?
The property is located at 305 Richmond Road 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% current occupancy; Two separate income‑producing workshop or garage spaces; 2,790 square feet on 1 acre
More about this property
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