Listing Courtesy of:
SRE Brokers
Agency Phone: 603-431-1443
Associate Name: Debbie Mae Kershaw
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)
Listed By
Agency Name: SRE Brokers
Agency Phone: 603-431-1443
Agent Name: Debbie Mae Kershaw
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,414.34 per month $1,669.17 Principal & Interest $526.42 Property Tax $218.75 Homeowner's Insurance
14 Charles Street | MLS# 5081490
This multi-family property located at 14 Charles Street, Berwick, ME 03901 is currently listed for sale with an asking price of $750,000. Search Berwick real estate on www.masiellogrouprealestate.com today.