Listed by Paul Rodenhauser • BHG Masiello Keene. Bought with Coldwell Banker Realty - Portsmouth, NH.
Sold on jul 2026
$535,000
7
bd
•
5 ba
•
5,321
sq ft
406 Back Ashuelot Rd, Ashuelot, NH 03441
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About this home
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.
Multi-familyProperty Type
1920Year Built
1.8 acresLot Size
$101Price/Sq.Ft.
Listed by Paul Rodenhauser• BHG Masiello Keene
Bought with Gregory Kydd• Coldwell Banker Realty - Portsmouth, NH