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$535,000
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Property Description
Investors take notice! Strong cash-flowing 5-unit multifamily property with separate utilities for each unit, making this an ideal low-maintenance investment or 1031 exchange opportunity. Tenants pay their own heat, hot water, and electricity, helping minimize owner expenses and maximize returns. Current monthly rental income is $5,400, not including the spacious 3-bedroom basement apartment that is currently owner-occupied, offering immediate upside potential for additional rental income. There is also opportunity for future rent increases and added income from potential coin-operated laundry using the existing common washer/dryer hookup. The property features clean, well-kept units with stable long-term tenants already in place. Set back from the road on an elevated lot, the building offers a quiet and private setting that tenants appreciate. A solid investment opportunity with reliable income, strong cash flow, tenant-supported operating costs, and long-term appreciation potential. Whether you are expanding your portfolio or completing a 1031 exchange, this income-producing asset is worth a look.
Full Property Details
Full Property Details for 406 Back Ashuelot Rd
General
- Sold For: $535,000
- Taxes: $9,829 (2025)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5088004
- Added to Site: 116 day(s) ago
Interior
- Flooring: Combination
Rooms
Bathrooms
- Total Bathrooms: 3
- 3/4 Bathrooms: 3
Exterior
- Exterior Features: Shed
Location
- County: Cheshire
- Driving Directions: Please type 406 Back Ashuelot Road, Winchester, NH 03441 into GPS from current location.
School Information
- School District: Winchester School District
- Elementary School: Winchester School
- Middle School: Winchester School
- High School: Hinsdale Sr. High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Propane, Oil
Utilities
- Sewer: Private
- # Electric Meters: 5
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walkout
- Basement Desc.: Finished
- Roof: Slate
- Stories/Levels: 2.5
- Finished Total: 5,321 Sq. Ft.
- Finished Above Grnd: 3,870 Sq. Ft.
- Finished Below Grnd: 1,451 Sq. Ft.
- Year Built: 1920
Unit Information
- 1 Bedroom Units: 4
- 3 Bedroom Units: 1
- Units w/Refrigerators: 5
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 1.8
- Lot Size (Sq. Ft.): 78,408
- Frontage: TBD
- Driveway/Sidewalk: Paved
- Zoning: Res
Financial Considerations
- Price Per Sq. Ft.: $99.61
- Tax Amount: $9,829
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 19
Listed by BHG Masiello Keene, Paul Rodenhauser
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Schools
Schools serving 406 Back Ashuelot Rd
School District:Winchester School District, Winchester, NH
| Name | Grades | Distance |
|---|---|---|
Winchester School 85 Parker Street, Winchester, NH 03470 | PK-8 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 406 Back Ashuelot Rd
Date
Details
Price
Change
Source
7/27/2026
Sold
$535,000
0.94%
MLS
5/10/2026
Listed
$530,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
406 Back Ashuelot Road, Winchester, NH 03441 (MLS# 5088004) is a Multi-Family property that was sold at $535,000 on July 27, 2026. Want to learn more about 406 Back Ashuelot Road? Do you have questions about finding other Multi-Family real estate for sale in Winchester? You can browse all Winchester real estate or contact a Coldwell Banker agent to request more information.


