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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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14 Charles St , Berwick, ME 03901
$750,000
Est. Payment: $3,869.68/mo
0 Bed
4 Bath
2638 Sqft
Status: pending | Days on site: 28
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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)

Highlights

Listed by Debbie Kershaw , 603-498-6115 SRE Brokers , 603-431-1443. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.28

Year Built

1920

County

York

Listing ID

1655901

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:4
Floor:Laminate,Wood
Above Ground Sq Ft:2638
Below Ground Sq Ft:0
Basement:Exterior Entry,Walk-Out Access,Unfinished
Other:Public

Exterior Features

Lot:Intown,Near Town,Level
Zoning:R1
Roof:Composition,Metal
Sewer:Public Sewer
Parking Features:Paved,5 - 10 Spaces
Principal Interest
$3,870
Taxes
$526

Home Price

$750,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,869.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,869.68 $526.42 $0.00 $4,396.09
Yearly $46,436.14 $6,317.00 $0.00 $52,753.14
Total $1,393,084.12 $189,510.00 $0.00 $1,582,594.12

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Berwick, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


IDX service by Blueroof 360

Data last updated: 2026-08-02T07:29:11.000Z

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