14 Charles ST, Berwick, ME 03901
14 Charles ST, Berwick, ME 03901
14 Charles ST, Berwick, ME 03901
14 Charles ST, Berwick, ME 03901
14 Charles ST, Berwick, ME 03901
14 Charles ST, Berwick, ME 03901
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Charlotte Gill

Charlotte Gill

+1(207) 256-0638
Listed By Debbie Mae Kershaw SRE Brokers
$ 750,000
Est. payment | /mo

7 Beds

4 Baths

2,638 SqFt

Save
$ 750,000
Est. payment | /mo
Save

7 Beds

4 Baths

2,638 SqFt

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,638 sqft

Price per Sqft $284

MLS Listing ID 5081490

Style Multi-Family

Bedrooms 7

Full Baths 4

Construction Status Existing

Year Built 1920

Annual Tax Amount $6,317

Tax Year 25

Lot Size 0.280 Acres

Acres 0.28

Property Description

Investors take note! This high-performing 4-family sits 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 improvements, including full interior renovations of the 2nd and 3rd floor units (#2, #3, and #4) from the studs out. One unit is currently vacant. Tenants pay for hot water, heat, and electricity, with mini-splits in three of the units and HW/Oil heat in the first-floor unit. With tenant-paid utilities, operating costs remain low and predictable. Actual Gross Income with Unit 3 vacant $68,160, Projected with Unit 3 filled $86,760. Expenses $13,624 (Trash, Water/Sewer, Insurance, Taxes)

Location

State ME

County Me-york

Area Me-York

Zoning R1

Rooms

Basement Unfinished

Interior

Heating Baseboard, Electric, Hot Water, Ductless

Cooling Ductless

Flooring Laminate

Exterior

Parking Features No

Utilities Available Cable Available

Roof Type Asphalt Shingle,Metal

Building

Lot Description City Lot

Story 3

Sewer Public

Water Public

Architectural Style Multi-Family

Construction Status Existing

PrimeMLS VOW
Charlotte Gill

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 256-0638

charlotte@obergagency.com

132 Bridgton Rd, Bridgton, Maine 04009, USA

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14 Charles ST