305 Richmond Rd

2,790 Sq. Ft.
$170 / Sq. Ft.
2,790
Sq. Ft.
$170
per Sq. Ft.

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

Property Details for 305 Richmond Road

Zoning
RES
LISTING UPDATED: 06/08/2026 08:16 PM

Property Details for 305 Richmond Road

StatusComing Soon
MLS #5093431
Days on Market-
Taxes$10,730 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1983
Lot Size1.00 AC / 43,560 SF
CountyCheshire County

Location

Listing Courtesy of Coldwell Banker Realty Nashua
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Building Information for 305 Richmond Road

Stories2Residences4Year Built1983Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$3,261 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,367

Property Taxes

$894

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 305 Richmond Road

Summary
Location and General Information
  • City: Winchester
  • County: NH-Cheshire
  • Latitude: 42.762241000000017
  • Longitude: -72.358409457672138
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Road
  • Map: 000023
  • Zip Code: 03470
Taxes and HOA Information
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Block: 000005
  • Lot: 000001
  • Lot Features: In Town
  • Lot Size Acres: 1.0
  • Road Frontage Length: 291.0
  • Total Finished Area: 2790.0
  • Above Grade Finished Area: 2444.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 360.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 346.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 806.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 43560.0
  • Total Area: 3956.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1983
  • School District: Winchester School District
  • High School: Keene High School
  • Middle/Jr School: Winchester School
  • Elementary School: Winchester School
Utilities
  • Electric: 100 Amp Service, Circuit Breaker(s)
  • Sewer: 1500+ Gallon, Concrete, Leach Field On-Site, Private
  • Water Source: Public
  • Utilities: Cable, Phone
  • Separate Utilities: Yes
  • Internet: Cable Internet
Interior and Exterior Features
Exterior Features
  • Color: Blue
  • Construction Materials: Wood Frame, Wood Siding
  • Roof: Architectural Shingle, Membrane
Interior Features
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Concrete Floor
  • Total Full Baths: 4
  • Heating: Propane, Kerosene, Oil
  • Cooling: None
  • Total Stories: 2.5
  • Trash: Private
Multi Family
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 3
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 4
  • Unit 1 Rental Amount: $1,605.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 3
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $842.00
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 3
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $786.00
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Rooms: 2
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $645.00
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water

Property History for 305 Richmond Road

DateEvent & SourcePriceAppreciation
Mar 29, 2022

Sold

New England Real Estate Network #4866535

$305,000
Feb 11, 2022

Pending

New England Real Estate Network #4866535

Jan 26, 2022

Withdrawn

New England Real Estate Network #4866535

DateEvent & SourcePrice
03/29/2022

Sold

New England Real Estate Network #4866535

$305,000
02/11/2022

Pending

New England Real Estate Network #4866535

01/26/2022

Withdrawn

New England Real Estate Network #4866535

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 305 Richmond Road

Taxable ValueLand$53,200Additions$206,400Total$259,600
Tax Record2024$7,593 ($633 / month)
Home Facts
Baths5Total Finished SqFt3,155 SqFtAbove Grade Finished SqFt3,155 SqFtStories2Lot Size43,560 SqFtStyleMulti-Family Dwelling (2-4)Year Built1983ZoningRESICountyCHESHIREAPNWNCH M:00023 B:000005 L:000001

Schools near 305 Richmond Road

This home is within Winchester School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Winchester School
PublicPK to 8

Keene High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

305 Richmond Road is a multi-family home Coming Soon in Winchester, NH 03470. This property is currently priced at $475,000. This listing's school districts are Winchester School District, Keene School District. Nearby schools include Winchester School and Keene High School. 305 Richmond Road is a 5-bed, 4-bath, 2,790 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty Nashua

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 06/08/2026 06:32 PM