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$750,000

For Sale

15 days ago

14 Charles Street, Berwick, ME

House

MLS® 1655901

0 Bed

4 Bath

2638 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2638 sqft
Garage 
Taxes $6,317
Days Active 15
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $284
MLS® Number 1655901

Property Address: 14 Charles Street, Berwick, ME, 03901

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

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. 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, location and income performance. Actual Gross Income $68, 160. Projected Gross with Unit 3- $86, 760 Gross. Expenses are $13, 624 (Water/Sewer, Taxes, Insurance, Trash)
MLS® Number1655901
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementWalk-Out Access, Exterior Only, Unfinished
Driveway5 - 10 Spaces, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Mar 31, 2026List Date
$750,000List Price
-End Date
Not Sold YetSold Price

For Sale

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

Commute

Starting Address
Destination Address
14 Charles Street, Berwick, ME

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