406 Back Ashuelot Rd

Winchester, NH 03441

$530,000
Price
7
Beds
5
Baths
5,321 Sq. Ft.
$100 / Sq. Ft.
5,321
Sq. Ft.
$100
per Sq. Ft.
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Under Contract
Under Contract

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...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.
  1. Listed by Paul Rodenhauser • BHG Masiello Keene

Property Details for 406 Back Ashuelot Road

Zoning
Res
LISTING UPDATED: 05/13/2026 01:40 AM

Property Details for 406 Back Ashuelot Road

StatusUnder Contract
MLS #5088004
Days on Market2
Taxes$9,829 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size1.80 AC / 78,408 SF
CountyCheshire County
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Location

Listing Courtesy of BHG Masiello Keene
Add your commute

Building Information for 406 Back Ashuelot Road

Stories2Residences5Year Built1920Building Size-Lot Size1.80 AC / 78,408 SF

Payment Calculator

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$3,488 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,669

Property Taxes

$819

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 406 Back Ashuelot Road

Summary
Location and General Information
  • City: Winchester
  • County: NH-Cheshire
  • Directions: Please type 406 Back Ashuelot Road, Winchester, NH 03441 into GPS from current location.
  • Latitude: 42.775714500634045
  • Longitude: -72.422968067459109
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Road
  • Map: 19
  • Zip Code: 03441
Taxes and HOA Information
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 00000
  • Lot: 19
  • Lot Features: Corner, Landscaped, Trail/Near Trail
  • Lot Size Acres: 1.8
  • Total Finished Area: 5321.0
  • Above Grade Finished Area: 3870.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 1451.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 0.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 78408.0
  • Total Area: 5321.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1920
  • School District: Winchester School District
  • High School: Hinsdale Sr. High School
  • Middle/Jr School: Winchester School
  • Elementary School: Winchester School
Utilities
  • Electric Company: Eversource
  • Fuel Company: Dead River / Swanzey Oil
  • Electric: Circuit Breaker(s)
  • Sewer: Private
  • Water Source: Public
  • Utilities: Propane
  • Total Electric Meters: 5
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonry
  • Roof: Slate
Interior Features
  • Appliances: Separate Water Heater
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Finished
  • Flooring: Combination
  • Heating: Propane, Oil
  • Cooling: None
  • Total Refrigerators: 5
  • Total Stories: 2.5
Multi Family
Income & Expenses Information
  • Gross Income: $64,800.00
  • Net Income: $45,965.00
  • Operating Expense Incl: Insurance, Other, Snow Removal, Water/Sewer
  • Operating Expense: $18,835
Multi-Family Information
  • Total Units: 5
  • Total 1 BR Units: 4
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Rooms: 3
  • Unit 1 Rental Amount: $1,200.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water, Trash
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 3
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,400.00
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water, Trash
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 3
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,400.00
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water, Trash
Unit 4
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Rooms: 3
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Rental Amount: $1,400.00
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water, Trash
Unit 5
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 3
  • Unit 5 Rooms: 6
  • Unit 5 Rental Amount: $.00

Property History for 406 Back Ashuelot Road

DateEvent & SourcePriceAppreciation
May 12, 2026

Pending

New England Real Estate Network #5088004

—
May 10, 2026

Listed (Active)

New England Real Estate Network #5088004

$530,000—
Apr 29, 2026

Expired

New England Real Estate Network #5041951

—
DateEvent & SourcePrice
05/12/2026

Pending

New England Real Estate Network #5088004

—
05/10/2026

Listed (Active)

New England Real Estate Network #5088004

$530,000
04/29/2026

Expired

New England Real Estate Network #5041951

—

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

Public Records for 406 Back Ashuelot Road

Taxable ValueLand$77,700Additions$199,400Total$277,100
Tax Record2024$8,105 ($675 / month)
Home Facts
Baths5Total Finished SqFt5,563 SqFtAbove Grade Finished SqFt5,563 SqFtStories3Lot Size78,408 SqFtStyleMiscellaneous CommercialYear Built1920ZoningRESICountyCHESHIREAPNWNCH M:00019 B:000019 L:000000

Schools near 406 Back Ashuelot 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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Listing Courtesy of BHG Masiello Keene

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 05/13/2026 02:37 AM