305 Richmond Rd

Winchester, NH 03470

$475,000
Price
5
Beds
2,790 Sq. Ft.
$170 / Sq. Ft.
2,790
Sq. Ft.
$170
per Sq. Ft.
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Listed By Coldwell Banker RealtyActive Under Contract
Listed By Coldwell Banker RealtyActive Under Contract

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. 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!

Listing Agent

  1. Jack Garber

    Jack Garber

    Listing Agent

    Coldwell Banker Real Estate LLC

    P: (603)-673-4000

    CallText

Property Details for 305 Richmond Road

Zoning
RES
LISTING UPDATED: 07/01/2026 02:51 PM

Property Details for 305 Richmond Road

StatusActive Under Contract
MLS #5093431
Days on Market12
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
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Location

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Building Information for 305 Richmond Road

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

Payment Calculator

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$3,309 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,414

Property Taxes

$894

HOA Dues

$0

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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: Membrane, Architectural Shingle
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
Jun 30, 2026

Active Under Contract

New England Real Estate Network #5093431

—
Jun 8, 2026

Listed (Active)

New England Real Estate Network #5093431

$475,000—
Mar 29, 2022

Sold

New England Real Estate Network #4866535

$305,000—
DateEvent & SourcePrice
06/30/2026

Active Under Contract

New England Real Estate Network #5093431

—
06/08/2026

Listed (Active)

New England Real Estate Network #5093431

$475,000
03/29/2022

Sold

New England Real Estate Network #4866535

$305,000

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 Built1983Year Renovated1983ZoningRESICountyCHESHIREAPNWNCH M:00023 B:000005 L:000001

Schools near 305 Richmond Road

This home is within Winchester School District.
Rating
School
Type
Grades
Distance
Winchester School
Public - PK to 8
Keene High School
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.

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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 08/03/2026 07:36 PM