14 Charles Street, Berwick, ME 03901 (MLS # 1655901)

PRICE $750,000 BEDS 0 BATHS 4 HOME SIZE 2,638 sqft LOT SIZE 12,197 sqft Request More Info Schedule a Showing

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.