Berwick ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,912
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.4 Acres
Year built:
1920
Baths:
6.00
MLS#:
1608265

ADDITIONAL INFORMATION

Investor opportunity to own this spacious 6 - unit multi-family property, each unit has 1 bedroom 1 bath and its own dedicated utilities. The property offers ample off-street parking and great yard space on .40 acre lot. Conviently located near the ME-NH line. Open House November 2 10-12

Type:
Multi-Family
Sq.Ft.:
3,150
Status:
Active
Beds:
n/a
Lot size:
0.26 Acres
Year built:
1900
Baths:
3.00
MLS#:
1596978

ADDITIONAL INFORMATION

Location! Location! Location! Don't miss this incredible opportunity to invest in a true side-by-side, 3,150 SF duplex with a potential cap rate of over 11%. This oversized two-unit property boasts character with hardwood floors, crown molding, tray ceilings, large spacious rooms, high ceilings, and plenty of natural light throughout. With four bedrooms on one side and two bedrooms on the other, plus the possibility of adding two more bedrooms in the unfinished attic, this duplex offers ample living space and customization potential. Highlights include a farmer's porch, an oversized lot, separate utilities, and plenty of room for parking with an open backyard. A lot of work has been completed in the unit with a brand new back porch roof, new boiler, and a completely renovated basement with new concrete flooring, perimeter drain, and sump pump system. Situated in a prime Berwick location with SAD #60 around the corner, this property is central to all amenities and just a hop across the bridge to Somersworth, NH, twenty minutes to York, ten minutes to Dover, and twenty-five minutes to Portsmouth—ideal for travelers! Add your personal touches and preferences to make this property truly yours. Why pay a full mortgage when you can live in one unit and have the other unit cover the cost? Exterior trim and decks need paint.

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.



Berwick Real Estate

The median home value in Berwick, ME is $407,500. This is lower than the county median home value of $425,900. The national median home value is $338,100. The average price of homes sold in Berwick, ME is $407,500. Approximately 75.46% of Berwick homes are owned, compared to 14.79% rented, while 9.75% are vacant. Berwick real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Berwick real estate agent to arrange a tour today!

Berwick, Maine has a population of 7,891. Berwick is more family-centric than the surrounding county with 33.08% of the households containing married families with children. The county average for households married with children is 27.9%.

The median household income in Berwick, Maine is $75,541. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Berwick is 40.1 years.

Berwick Weather

The average high temperature in July is 81.4 degrees, with an average low temperature in January of 13.5 degrees. The average rainfall is approximately 49.5 inches per year, with 51.5 inches of snow per year.

Berwick Real Estate Market Conditions

  • Median sales price

    $407,500
    18.1% change since last quarter
  • # Active listings

    42
    30-day change

Berwick Schools and Demographics

Education near Berwick, ME

Metric City County
High School Graduates 94.23 94.39
College Degree - 2 year 13.42 11.18
College Degree - 4 year 33.98 32.77
Graduate Degree 9.1 8.96
Expenditures per Student 17,971 17,971
Students per Teacher 11.9 11.9

Elementary Schools near Berwick, ME

School Grades Students P/T Ratio ZIP
Berwick Elementary Schools PK - 05 653 11.8 03901
Central School PK - 03 390 14.3 03908
Lafayette School KG - 03 134 12.2 04073
Lebanon Elementary Schools PK - 05 469 12.2 04027
Margaret Chase Smith School-Sanford KG - 03 390 14.5 04073
North Berwick Elementary Schools PK - 05 343 12.9 03906
Willard School 01 - 05 451 14.1 04073

Middle Schools near Berwick, ME

School Grades Students P/T Ratio ZIP
Marshwood Great Works School 04 - 05 333 13.2 03908
Noble Middle School 06 - 07 479 12.8 03901
Sanford Junior High School 06 - 08 631 14.3 04073

High Schools near Berwick, ME

School Grades Students P/T Ratio ZIP
Marshwood High School 09 - 12 759 15.6 03908
Noble High School 08 - 12 1,075 12.1 03906
Sanford High School 09 - 12 1,018 13.2 04073

Ungraded Schools near Berwick, ME

School Grades Students P/T Ratio ZIP
Sanford Regional Technical Center UG - UG 0 0 04073

Demographics near Berwick, ME

Metric City County
Neighborhood Type Small town
Population 7,891 210,486
Population Density 210 212
Median Age 40.1 45.4
People per Household 2.3 2.4
Median Household Income 75,541 73,856
Average Income per Capita 36,088 39,450