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8 Jordan St, Berwick, ME 8 Jordan St

2 Unit Apartment Building $419,900 ($209,950/Unit) Berwick, ME 03901

Executive Summary

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?

Attachments

financials

Property Facts

Price $419,900
Price Per Unit $209,950
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Building Size 3,150 SF
Average Occupancy 100%
No. Stories 3
Year Built 1900

Unit Amenities

  • Air Conditioning
  • Ceiling Fans
  • Refrigerator
  • Tub/Shower
  • Porch

zoning

Zoning Code V/C
V/C
  • Listing ID: 32493577

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 8 Jordan St, Berwick, ME 03901

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