406 Back Ashuelot Road Winchester, NH 03441
Listing Courtesy of: MLS LogoPrimeMLS / Better Homes And Gardens Real Estate The Masiello Group / Paul Rodenhauser

  406 Back Ashuelot Road Winchester, NH 03441

Active (2 Days)
$530,000 (USD)
7
BED
5
BATH
5,321
SQFT

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.

MLS #:
5088004
Lot Size
1.8 acres
Type
Multifamily
Year Built
1920
Style
Conversion, Multi-Family
School District
Winchester School District
County
Cheshire County

Listed By

Paul Rodenhauser, Better Homes And Gardens Real Estate The Masiello Group
Source
PrimeMLS
Last checked May 13 2026 at 12:40 AM GMT+0000
Bathroom Details
Lot Information
  • Landscaped
  • Trail/Near Trail
  • Corner Lot
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Propane
  • Oil
  • None
Basement Information
  • Finished
Flooring
  • Combination
Exterior Features
  • Shed
  • Roof: Slate
Utility Information
  • Utilities: Propane
  • Sewer: Private Sewer
  • Fuel: Oil, Propane
School Information
  • Elementary School: Winchester School
  • Middle School: Winchester School
  • High School: Hinsdale Sr. High School
Stories
  • 2.5
Living Area
  • 5,321 sqft
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/12/26 17:40