14 Charles Street, Berwick, ME 03901

$750,000
Property Type: Multi-Family Baths: 4 Square Footage: 2,638 Lot Size (sq. ft.): 12,197 Status: Pending
Current Price: $750,000 List Date: 5/05/2026 Last Modified: 5/17/2026

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)

Supplements: ********

More Information MLS# 1655901

Location Information

Street #: 14 Street Name: Charles Street Type: Street County: York Town: Berwick State/Province: ME Zip Code: 03901 Zip +4: 2990 Leased Land: No Book: 19291 Page: 336 Map: U5 Lot: 9 Zoning: R1 Zoning Overlay: Unknown Association: No Full Tax Amount $: 6317 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 43.26929 Geo Lon: -70.870296

Contract Information

Status: Pending Original List Price: 750000 List Price: $750,000 Current Price: $750,000

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Number of Units: 4 Total Baths: 4 Total Full Baths: 4 Color: Beigh Year Built: 1920 SqFt Finished Above Grade: 2638 SqFt Finished Total: 2638 SqFt Source: Public Records Furniture: Unfurnished Garage: No Lot Size Acres +/-: 0.28 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 100 Source of Road Frontage: Public Records

Status Change Info

Pending Date: 2026-05-16

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 3 # Floors: 3 # Heating Units: 4 # Water Heaters: 4

Units

# of 1 BD Units: 2 # of 2 BD Units: 1 # of 3 BD Units: 1

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 2409 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1800 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: No Level: Second Security Deposit: No Monthly Rent: 1550 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 4

Lease: No Level: Third Security Deposit: Yes Monthly Rent: 1471 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Water: Yes

Property Features

Site: Level Location: Intown; Near Town Roads: Dead End; Paved; Public Style: New Englander Levels: Multi-Level Construction: Wood Frame Other Structures: Shed(s) Basement: Unfinished; Walk-Out Access Basement Entry: Exterior Only Foundation Materials: Block; Brick/Mortar; Stone Exterior: Vinyl Siding Roof: Composition; Metal Heat System: Baseboard; Heat Pump; Hot Water Heat Fuel: Oil Water Heater: Electric; Off Heating System Cooling: None Floors: Laminate; Wood Window Features: Double Pane Windows Patio and Porch Features: Deck; Porch Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: SRE Brokers
Last Updated: May - 17 - 2026
14 Charles Street, Berwick, ME 03901- MLS# 1655901
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