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Listed price in listed location currency (USD).
$750,000

000

MLS® 5081490

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2638 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $284
MLS® Number 5081490

Property Address: 14 Charles St, Berwick, ME, 03901-2976

Average square foot calculated using Size range provided by listing agent.

Description

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, cafés, 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.
MLS® Number5081490
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementUnfinished
DrivewayDriveway, On Site, Parking Spaces 6+, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 31, 2026List Date
$750,000List Price
  • Commute

Commute

Starting Address
Destination Address
14 Charles St, Berwick, ME

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