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Located at 14 Charles Street , Berwick, Maine 03901, this Multi Family is for Sale with a price of $750,000 USD. The property was built in 1920, has 4 full baths. This listing has 2,638 Sq.Ft. of interior space on a lot of .28 Acres. See all Homes for Sale in Berwick.

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1. 14 Charles Street
1. 14 Charles Street
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MaineBerwick14 Charles Street

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Description

14 Charles Street ,

Berwick, ME 03901

Listing Courtesy of Debbie Kershaw, SRE Brokers


Investors take note! This high-performing, updated, and fully occupied 4-family sits just off Bridge Street, steps from Berwick's redeveloping downtown area and just over the bridge into Somersworth, NH. Purchased in 2022, the property has undergone significant improvements, including full renovations of the 2nd and 3rd floor units from the studs out. These modernized units enhance tenant appeal, support strong rents, and reduce ongoing maintenance needs.All four units are separately metered, with tenants responsible for their own heat, electricity, and hot water--keeping operating costs low and predictable. With a current NOI of $73,600 and a configuration that minimizes owner expenses, this building offers an efficient, easy-to-manage investment.Residents benefit from convenient access to the public library, local shops, caf©s, and the growing mix of businesses and services within Berwick's downtown redevelopment district. As the corridor continues to evolve, demand for quality rental housing in this location remains strong.Whether you're seeking a reliable 1031 exchange option, a well-positioned addition to your portfolio, or a long-term hold in a market experiencing thoughtful revitalization, this property delivers a compelling blend of updated condition, full occupancy, and income performance. Seller is a Licensed NH Broker.

Data provided by : MREIS MLS

Amenities

  • Wood Floors
  • Laminate Flooring
  • Heat Pump
  • Propane Heating
  • Vinyl Siding
  • Metal Roof
  • Wood Frame

PROPERTY

  • Association
    No
  • Electric
    Circuit Breakers
  • Heating
    Hot Water
    Heat Pump
    Baseboard
  • Land Lease
    No
  • New Construction
    No
  • Parking Features
    5 - 10 Spaces
    Paved
  • Sewer
    Public Sewer
  • Water
    Public

EXTERIOR

  • Architectural Style
    New Englander
  • Construction Materials
    Vinyl Siding
    Wood Frame
  • Foundation Details
    Block
    Stone
    Brick/Mortar
  • Garage
    No
  • Garage - Attached
    No
  • Garage Spaces
    0
  • Lot Features
    Level
    Intown
    Near Town
  • Road Surface Type
    Paved
  • Roof
    Composition
    Metal
  • Total Stories
    3

INTERIOR

  • Building Area Total
    2638
  • Above Grade Finished Area
    2638
  • Basement
    Walk-Out Access
    Exterior Only
    Unfinished
  • Cooling
    No
  • Fireplace
    No
  • Flooring
    Wood
    Laminate
  • Heating
    Hot Water
    Heat Pump
    Baseboard
  • Spa
    No
4
Full Baths
$750,000
price
$6,317
Annual taxes
Multi Family
Property type
Available
market status
School Administrative District 60
School District
1655901
MLS ID
1920
Year Built
2
Days Posted
2,638 Sq Ft.
interior
0.28 Acres
Exterior
New Listing

14 charles street
Berwick, ME 03901

$750,000
4 ba