NOT LISTED FOR SALE

25 Rochester St Berwick, ME 03901

18 Beds
7 Baths
6,796 Sq Ft
0.41 Acres

Last Sold November 02, 2018

Last sale price $475,000 $70 Per Sq Ft

7 Days on Market

Highlights

  • Additional Residence on Property
  • Colonial Architecture
  • No HOA
  • Barn
  • Wood Flooring
  • Detached Garage

About This Home

As of November 2018

Investment opportunity. Seven units total in three buildings. Two duplexes have 3 bedroom units. The three unit has one of each 1,2,& 3 bedroom units. The property has access from two roads, Bridge and Rochester Streets. These units are in the center area of downtown Berwick. Berwick is a town that is being revitalized and now is the perfect opportunity for you to take a diamond in the rough, polish it up, find loving tenants, and build your empire! The units need some TLC but really the hard stuff has already been done. The rents are low for the market and the management is busy with other endeavors than to make this property shine the way it could. There are currently 3 units vacant and left this way deliberately so you can pick your own and set the bar where you want it. This property is pre-inspected and the reports are available once buyers have viewed vacant units first and submitted bank letters or proof of funds.

Last Agent to Sell the Property

Marcel Bartley

RE/MAX Shoreline Listed on: 08/30/2018

RE/MAX Shoreline

Last Buyer's Agent

Scott Sheppard

RE/MAX Realty One

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,816

Year Built

  • Built in 1900

Lot Details

  • 0.41 Acre Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Post and Beam
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asbestos Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 6,796 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Detached Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Additional Residence on Property
  • City Lot
  • Barn

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number ?

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Operating Expense $18,786
  • Gross Income $77,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,816

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.41
  • MLS Status: Closed
  • Directions: From the town center, turn onto Rochester Street, take driveway access in between 25 and 27 Rochester
  • Above Grade Finished Sq Ft: 6796.0
  • Architectural Style: Duplex, Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.41
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 6796.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 7
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Radiant: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 77400.0
  • Income Expenses Operating Expenses: 18786.0
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Style:Duplex: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Construction:Post Beam: Yes
  • Exterior:Asbestos: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures Barn2: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Daylight, Full, Interior Entry, Unfinished
  • Full Bathrooms: 7
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub
  • Stories: 3
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Interior Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Composition, Asbestos, Post & Beam, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Barn
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17859.6
  • Parcel #: ?
  • Zoning: R!

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 77400.0
  • Annual Operating Expense: 18786.0

Tax Info

  • Tax Annual Amount: 7816.0
  • Tax Book Number: 14488
  • Tax Lot: 55
  • Tax Map Number: U004
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $475,000 -5.0% $70 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $500,000 -- $74 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1367432

Maine Listings

APN: BERW M:U004 B:55