14 Charles St Berwick, ME 03901
Berwick AreaEstimated payment $4,641/month
About This Home
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)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,317
Year Built
- Built in 1920
Home Design
- Brick Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Metal Roof
Interior Spaces
- Property has 3 Levels
- Laminate Flooring
- Unfinished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Parking
- Driveway
- Paved Parking
- On-Site Parking
Utilities
- Ductless Heating Or Cooling System
- Baseboard Heating
- Hot Water Heating System
- Separate Meters
- Cable TV Available
Additional Features
- 12,197 Sq Ft Lot
- City Lot
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number U5
Community Details
Overview
- 4 Units
Building Details
- 2 Leased Units
- Gross Income $86,760
- Net Operating Income $73,136
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2026 08/21/26 | Sold | $725,000 | -3.3% | $275 / Sq Ft | View Prior Sale |
| 05/16/2026 05/16/26 | Pending | -- | -- | -- | |
| 05/05/2026 05/05/26 | For Sale | $750,000 | 0.0% | $284 / Sq Ft | |
| 04/17/2026 04/17/26 | Pending | -- | -- | -- | |
| 03/31/2026 03/31/26 | For Sale | $750,000 | +233.3% | $284 / Sq Ft | |
| 08/04/2022 08/04/22 | Sold | $225,000 | 0.0% | $58 / Sq Ft | View Prior Sale |
| 08/04/2022 08/04/22 | Sold | $225,000 | -8.9% | $85 / Sq Ft | View Prior Sale |
| 07/08/2022 07/08/22 | Pending | -- | -- | -- | |
| 07/08/2022 07/08/22 | Pending | -- | -- | -- | |
| 06/19/2022 06/19/22 | Price Changed | $247,111 | -6.1% | $94 / Sq Ft | |
| 06/10/2022 06/10/22 | For Sale | $263,250 | 0.0% | $100 / Sq Ft | |
| 06/10/2022 06/10/22 | Price Changed | $263,250 | -4.3% | $100 / Sq Ft | |
| 06/02/2022 06/02/22 | Pending | -- | -- | -- | |
| 05/28/2022 05/28/22 | For Sale | $275,000 | 0.0% | $71 / Sq Ft | |
| 05/27/2022 05/27/22 | For Sale | $275,000 | -- | $104 / Sq Ft |
Source: PrimeMLS
MLS Number: 5081490
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