305 Richmond Rd, Winchester, NH

Name: 305 Richmond Rd, For Sale in Winchester - eXp Realty
Brand: Coldwell Banker Realty Nashua
SKU: 5093431
Price: 475000 USD

House

For Sale

Listed price in listed location currency (USD).

$475,000

000

MLS® 5093431

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 2790 sqft

Garage

Taxes $10,730

Days Active 13

Lot Size 1 Acres

Approx. Age 1983

Avg. Price Per Sqft $170

MLS® Number 5093431

Property Address: 305 Richmond Rd, Winchester, NH, 03470-2527

Average square foot calculated using Size range provided by listing agent.

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!

MLS® Number5093431

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1983

BasementConcrete, Concrete Floor

Driveway

Garage Spaces

HeatPropane, Kerosene, Oil

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 8, 2026List Date

$475,000List Price

Commute

Commute

Starting Address

Destination Address

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