List Price: $475,000 | $194 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 3 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Under Contract Date Listed Monday Jun 8, 2026 | MLS# 5093431
With 3 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Under Contract Date Listed Monday Jun 8, 2026 | MLS# 5093431
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 4
Unit 4
Unit 4
Unit 4
Unit 4
Unit 4
Unit 4
Unit 4
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Garage Building
305 Richmond Rd
305 Richmond Rd
305 Richmond Rd
305 Richmond Rd
305 Richmond Rd
305 Richmond Rd
Small Garage Space
To see this Listing
Address: 305 Richmond Road Winchester NH
Listed by Jack Garber Coldwell Banker Realty Nashua Cell: 603-274-9010
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. Whether investor-owned or owner-occupied, 305 Richmond Road is a super income generator and can be yours with pride. This property is not going to last long!
Annual Expenses
Taxes: $10,730
Taxes: $10,730
Income
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 4
Tenant Pays : Electric,Heat,Hot Water
Rent : 1605.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 1
Baths: 1
Rooms: 3
Tenant Pays : Electric,Heat,Hot Water
Rent : 842.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Rooms: 3
Tenant Pays : Electric,Heat,Hot Water
Rent : 786.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4 INFORMATION
Beds: 1
Baths: 1
Rooms: 2
Tenant Pays : Electric,Heat,Hot Water
Rent : 645.00 Monthly
Lease Term : Annual
Status : Leased
Construction: Wood Frame | Wood Siding
Year Built: 1983
Style: Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 3956
Above Grade Sq.Ft.: 2444
Below Grade Sq.Ft.: 346
Basement: Concrete | Concrete Floor
Year Built: 1983
Style: Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 3956
Above Grade Sq.Ft.: 2444
Below Grade Sq.Ft.: 346
Basement: Concrete | Concrete Floor
Exterior Color: Blue
Roof: Membrane | Architectural Shingle
Seasonal: No
Roof: Membrane | Architectural Shingle
Seasonal: No
Heating: Propane | Kerosene | Oil
Cooling: None
Electric: 100 Amp Service | Circuit Breaker(s)
Trash: Private
Utilities: Cable | Phone
Electric Meters:
Water: Public
Sewer: 1500+ Gallon | Concrete | Leach Field On-Site | Private
Cooling: None
Electric: 100 Amp Service | Circuit Breaker(s)
Trash: Private
Utilities: Cable | Phone
Electric Meters:
Water: Public
Sewer: 1500+ Gallon | Concrete | Leach Field On-Site | Private
Land Information
In Town
Lot size: 1 acres
Zoned: RES)
Surveyed: Yes
Flood Zone: No
Road Frontage: 291
Driveway: Gravel
In Town
Lot size: 1 acres
Zoned: RES)
Surveyed: Yes
Flood Zone: No
Road Frontage: 291
Driveway: Gravel
Additional Information
Block - 000005
Taxes $10,730
Assesed Value Not Reported
Block - 000005
Taxes $10,730
Assesed Value Not Reported
Schools
School District: Winchester School District
Elementary School: Winchester School
Middle School: Winchester School
High School: Keene High School
School District: Winchester School District
Elementary School: Winchester School
Middle School: Winchester School
High School: Keene High School
