Pending

Listed by: SRE Brokers • Debbie Mae Kershaw

$750,000

14 Charles Street, Berwick, ME 03901

7beds

2,638sqft

$5,068/mo

Get pre-qualified

Multi Family

Built in 1920

-- sqft lot

$725,900 Zestimate^®

$284/sqft

$-- HOA

What's special

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)

171 days
20
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Electric, Hot Water, Ductless

Cooling

Has cooling: Yes

Features

Flooring: Laminate
Basement: Unfinished,Walk-Out Access

Interior area

Total structure area: 3,474
Total interior livable area: 2,638 sqft
Finished area above ground: 2,638
Finished area below ground: 0

Property

Parking

Total spaces: 6
Parking features: Paved, Driveway, On Site, Parking Spaces 6+
Has uncovered spaces: Yes

Features

Levels: 3
Frontage length: Road frontage: 100

Lot

Size: 0.28 Acres
Features: City Lot

Details

Parcel number: BERWMU005B9
Zoning description: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame
Foundation: Block, Brick, Stone
Roof: Metal,Asphalt Shingle

Condition

New construction: No
Year built: 1920

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Location

Region: Berwick

Financial & listing details

Price per square foot: $284/sqft
Tax assessed value: $484,400
Annual tax amount: $6,317
Date on market: 3/31/2026

Estimated market value

$725,900

$690,000 - $762,000

$2,026/mo

Price history

Date	Event	Price
5/21/2026	Listing removed	$1,600$1/sqft
Source: Zillow Rentals Report a problem
5/17/2026	Pending sale	$750,000$284/sqft
Source: Maine Listings #1655901 Report a problem
5/12/2026	Listed for rent	$1,600$1/sqft
Source: Zillow Rentals Report a problem
5/5/2026	Listed for sale	$750,000$284/sqft
Source: Maine Listings #1655901 Report a problem
4/9/2026	Pending sale	$750,000$284/sqft
Source: PrimeMLS #5081490 Report a problem
3/31/2026	Listed for sale	$750,000+233.3%$284/sqft
Source: Maine Listings #1655901 Report a problem
8/4/2022	Sold	$225,000-8.9%$85/sqft
Source: PrimeMLS #4912428 Report a problem
7/9/2022	Pending sale	$247,111$94/sqft
Source: Maine Listings #1530213 Report a problem
7/8/2022	Contingent	$247,111$94/sqft
Source: PrimeMLS #4912428 Report a problem
6/19/2022	Price change	$247,111-6.1%$94/sqft
Source: PrimeMLS #4912428 Report a problem
6/10/2022	Price change	$263,250-4.3%$100/sqft
Source: PrimeMLS #4912428 Report a problem
6/2/2022	Pending sale	$275,000$104/sqft
Source: Maine Listings #1530213 Report a problem
6/2/2022	Contingent	$275,000$104/sqft
Source: PrimeMLS #4912428 Report a problem
5/28/2022	Listed for sale	$275,000$104/sqft
Source: PrimeMLS #4912428 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,040 +27.5%	$484,400 +87.4%
2023	$4,736 +2.7%	$258,500 +2.2%
2022	$4,610 -0.4%	$253,000
2021	$4,630 -3.6%	$253,000 +2%
2020	$4,801 +10.4%	$248,000
2019	$4,347 +9.5%	$248,000 +9.9%
2018	$3,971 +2.6%	$225,600
2017	$3,869 +5.2%	$225,600
2016	$3,677 +2.5%	$225,600
2014	$3,587 -0.9%	$225,600
2013	$3,621 +4.9%	$225,600
2012	$3,452 +7.2%	$225,600 +0.2%
2011	$3,220 +26.7%	$225,200 +5.9%
2007	$2,542	$212,700