14 Charles Street
Berwick, ME, 03901 $ 750,000
Bedrooms7 Baths4.0 Sq 2,638 Monthly Estimate*
$ 4,618
Listed by Debbie Mae Kershaw, SRE Brokers, 603-431-1443, srebrokers@gmail.com
for $750,000 with 7 bedrooms and 4 full baths. This 2,638 square foot home was built in 1920 on a lot size of 0.28.
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.
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FeaturesInteriorBasement Description Unfinished
Basement Yes
Flooring Laminate
Total Number of Units 4
Unit 4 Bedrooms 1
Total Full Baths 4
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GeneralRoad Frontage Yes
Sewer Public
Heating Baseboard Electric Hot Water Ductless
Cooling Ductless
Utilities Cable Available
Roof Metal Asphalt Shingle
Garage No
current use No
Flood Zone Unknown
Zoning R1
Year Built 1920
Electric Circuit Breaker(s)
Style Multi-Family
Stories Count 3
Construction Status Existing
Tax Rate 13.04
Block 00
Net Income 73136
Assessment Amount 484400
Auction No
Tax Year 25
Gross Income 86760
Status Detail 0
Covenants No
Construction Materials Wood Frame
Directions From Berwick Town Hall Take Sullivan and head towards Somersworth (left on Rochester St then Right on Bridge Street then left on Charles St.)
City Berwick
Seasonal No
DOM 3
Price Per Sq Ft Total AG 284.31
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ExteriorLot Features City Lot
Driveway Paved
Lot Size Area 0.28
Water Source Public
Parking Features Driveway On-Site Parking Spaces 6+ Paved
Garage Capacity 0
Foundation Block Brick Stone
Lot 9
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* Excluded FeaturesList ByDebbie Mae KershawListing Agent
srebrokers@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,618
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Berwick, ME
Average List Price $0
Percent of Sale Price 100%
About Berwick, ME 7,917 Population
24% Since 2002
$ 68,676 Median Income
41.83 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/31/2026 | $750,000 | | Listed Price |