Sold
Last Sold Price
18 beds6,796 sqft$70/sqft
25 Rochester St, Berwick, ME 03901
Multi FamilyProperty Type
0.41 acresLot Size
1900Year Built
$70/sq ftPrice per sq ft
5 carsParking Spaces

Description

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...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. Appraiser notes- no closing costs paid, arm length transaction, three buildings on one lot addresses are: 20 a&b bridge (two 3 bedroom 1 bath units) 25 a&b rochester (two 3 bedroom 1 bath units) both of these buildings were townhouse style units. Three unit building at 27 a,b & c rochester street, (one 3 bedroom 1 bath townhouse, one 2 bedroom 1 bath two story apartment, and 1 one bedroom 1 bath garden style unit)
  • Listed by: Marcel Bartley • RE/MAX Shoreline
Listing closed: 11/02/2018 12:00 AM • Source: New England Real Estate Network, MLS#: 4715986

Location

Listing Courtesy of RE/MAX Shoreline
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$3,106 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,455

Property Taxes

$651

HOA Dues

$0

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Property Information for 25 Rochester Street

Property Details
  • Taxes: $7,816 / year
  • MLS Type: Multi Family
  • County: York County
  • Parking: Parking Spaces 5 - 10
  • Zoning: R
Building Information
  • Stories: 2
  • Residences: 7
  • Year Built: 1900
  • Lot Size: 0.41 AC / 17,859 SF
Summary
Location and General Information
  • City: Berwick
  • County: ME-York
  • Directions: From the town center, turn onto Rochester Street, take driveway access in between 25 and 27 Rochester.
  • Latitude: 43.267556569421103
  • Longitude: -70.866814169311510
  • Road Frontage: Yes
  • Seasonal: No
  • State: ME
  • Street Designation: Street
  • Map: u0004
  • Zip: 03901
Taxes and HOA Information
  • Tax - Gross Amount: $7,816.00
  • Tax Year: 2018
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 0
  • Lot: 55
  • Lot - Sqft: 17860.0
  • Lot Size Acres: 0.41
  • Road Frontage Length: 200.0
  • Square Feet Apx Finished Above Grade: 6796.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 6796.0
  • Square Feet Apx Total Finished: 6796.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 0.0
Property and Assessments
  • Property Class: Multi-Family
  • Flood Zone: Unknown
  • Foundation: Brick, Fieldstone
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1900
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Separate Utilities: Yes
Interior and Exterior Features
Exterior Features
  • Color: Beige
  • Features - Exterior: Barn
  • Roads: Public
  • Roof: Shingle - Other
  • Total Ranges: 7
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Daylight, Full, Unfinished
  • Total Full Baths: 7
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Heat Fuel: Electric, Oil
  • Heating: Hot Air, Radiant
  • Cooling: None
  • Total Refrigerators: 7
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $77,400.00
  • Expenses - Annual: $18,786.00
Multi-Family Information
  • Total Units: 7
  • Total 1 BR Units: 1
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 5
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Rooms: 5
  • Unit 1 Rental Amount: $1,000.00
  • Unit 1 Tenant Pays: Electric
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $650.00
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $850.00
Unit 4
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Rooms: 5
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 3
  • Unit 4 Rental Amount: $750.00
Unit 5
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 3
  • Unit 5 Rooms: 5
  • Unit 5 Rental Amount: $1,100.00
Unit 6
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 3
  • Unit 6 Rooms: 5
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Rental Amount: $1,200.00
Unit 7
  • Unit 7 Bedrooms: 3
  • Unit 7 Rooms: 5
  • Unit 7 Baths: 1
  • Unit 7 Rental Amt Freq: Monthly
  • Unit 7 Rental Amount: $1,000.00

Property History for 25 Rochester Street

DateEvent & SourcePriceAppreciation
Nov 2, 2018

Sold

New England Real Estate Network #4715986

$475,000—
Sep 9, 2018

Pending

New England Real Estate Network #4715986

—
Aug 30, 2018

Listed (Active)

New England Real Estate Network #4715986

$500,000—
DateEvent & SourcePrice
11/02/2018

Sold

New England Real Estate Network #4715986

$475,000
09/09/2018

Pending

New England Real Estate Network #4715986

—
08/30/2018

Listed (Active)

New England Real Estate Network #4715986

$500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 25 Rochester Street

This home is within Regional School Unit 60 Msad 60.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 8 to 12
Public - 6 to 7
Public - 4 to 5
Rating
School
Distance
Vivian E Hussey School
PublicK to 3

Noble High School
Public8 to 12

Noble Middle School
Public6 to 7

Eric L Knowlton School
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Shoreline

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