406 Back Ashuelot RD Winchester, NH 03441

Building Details

Year Built

1920

Listing office BHG Masiello Keene

Listing date Apr 24, 2026

Source Hometown-team

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Investment Insights

Based on property information with market context.

This is a five-unit multifamily property offering a strong cash flow. Each unit has separate utilities. Tenants are responsible for their own heat, hot water, and electricity. The current monthly rental income is $5,400. The property includes a spacious three-bedroom basement apartment that is currently owner-occupied, presenting an opportunity for additional rental income. There is also potential for future rent increases and added income from potential coin-operated laundry using the existing common washer/dryer hookup. The units are clean and well-kept, with stable long-term tenants. The building is set back from the road on an elevated lot, providing a quiet and private setting. The property size is 5,321 square feet. This income-producing asset is suitable for expanding your portfolio or completing a 1031 exchange.

Key Highlights

• Strong cash‑flowing 5‑unit multifamily property with $5,400 current monthly rental income.
• Separate utilities for each unit (tenants pay heat, hot water, and electricity), minimizing owner expenses.
• Spacious 3‑bedroom basement apartment currently owner‑occupied, offering immediate upside potential for additional rental income.

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FAQs

What type of property is this?

Apartment building - Five-unit property with separate utilities and income potential.

Where is this apartment building located?

The property is located at 406 Back Ashuelot RD Winchester, NH.

What is the asking price?

The asking price for this property is $530,000.

What are key features of this property?

This property features: Strong cash‑flowing 5‑unit multifamily property with $5,400 current monthly rental income.; Separate utilities for each unit (tenants pay heat, hot water, and electricity), minimizing owner expenses.; **Spacious 3‑bedroom basement apartment currently owner‑occupied, offering immediate upside potential for additional rental income.**