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Shawna Mazotas

smazotasrealtor@gmail.com +1(603) 738-3103

Listed by Jack Garber • Coldwell Banker Realty Nashua • Cell: 603-274-9010

$ 475,000

Est. payment | -/mo

5 Beds

4 Baths

2,790 SqFt

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$ 475,000

Est. payment | -/mo

Save

5 Beds

4 Baths

2,790 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,790 sqft

Price per Sqft $170

MLS Listing ID 5093431

Bedrooms 5

Full Baths 4

Construction Status Existing

Year Built 1983

Annual Tax Amount $10,730

Tax Year 2025

Lot Size 1.000 Acres

Acres 1.0

Property Description

ATTENTION INVESTORS! Fully occupied 4-unit apartment building with a strong rental history and excellent income potential at 305 Richmond Road, Winchester, NH. This well-maintained multi-family property is located near the Massachusetts border, offering convenient access for commuters and tenants from both states. The property includes four residential units that are currently 100% occupied with reliable long-term tenants. It also features two separate income-producing workshop/garage spaces that provide additional revenue streams and enhance overall cash flow. Recent major capital improvements include a brand new roof, newly replaced rear stairs and decking, a fully replaced leach field, and septic connections to the two 1,000-gallon tanks that were serviced and replaced where needed. These updates ensure the property is in excellent condition and reduce future maintenance costs for the new owner. Tenants pay their own heat, hot water, and electricity, which keeps operating expenses low. This property has consistently delivered positive cash flow to the current owner, and keeping it occupied has never been an issue thanks to strong local demand. Current rents are below market rate and the leases are expiring, creating an immediate upside opportunity for a new owner to implement market-rate increases and boost net operating income right away. Whether you are an experienced investor looking to add a turnkey, low-maintenance asset to your portfolio or a buyer seeking a solid, cash-flowing property with built-in equity through recent upgrades, 305 Richmond Road is worth serious consideration. Priced to attract serious investors — schedule your showing today and see the value for yourself. The photos depicted are historic. New photographs will be available soon. Come view for yourself. This property is not going to last long!

Location

State NH

County Nh-cheshire

Area Nh-Cheshire

Zoning RES

Rooms

Basement Entrance Walkout

Basement Concrete, Concrete Floor

Interior

Cooling None

Exterior

Utilities Available Cable, Phone

Roof Type Membrane,Architectural Shingle

Building

Story 2.5

Sewer 1500+ Gallon, Concrete, Leach Field On-Site, Private

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Winchester School

Middle Schools Winchester School

High Schools Keene High School

School District Winchester School District

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(603) 738-3103

smazotasrealtor@gmail.com

170 Commerce Way Ste 200, Portsmouth, NH, 03901

305 Richmond RD Winchester, NH 03470

Shawna Mazotas

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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305 Richmond RD