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Berwick Multi-Family Investment Opportunity
For Sale
$464,900
Pending

8 Allen St, Berwick, ME 03901

Well-maintained two-unit property in Berwick, Maine with expansion potential.

Property SizeContact for details
Days on Market127

Property Features for 8 Allen St

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1920
Units 2
Listing Agency: keller williams coastal realty
Listed By: Darlene G Colwell-Ellis · License #042783
Source: Elliman
Added: Apr 26 Changed: Aug 8 Last Checked: Jul 23 at 9:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of keller williams coastal realty

Investment Insights

Based on property information with market context.

This well-maintained two-unit multi-family property is located in Berwick, Maine. Each unit features 2 bedrooms and 1 full bathroom. The units have spacious layouts. The home includes a farmer's porch. The interiors are bright and clean, with ample storage. The units are thoughtfully laid out to maximize space and functionality. The property is set on a generous lot and includes a large driveway with off-street parking. Its in-town location provides convenient access to local shops, dining, and community amenities. The property presents potential for additional units, subject to town approvals. The property is located in a somewhat bikeable area with a bike score of 34, and a car-dependent area with a walk score of 43.

Key Highlights

  • Two‑unit multi‑family property in desirable Berwick, Maine.
  • Each unit has 2 bedrooms and 1 full bathroom with spacious layouts.
  • Generous lot with large driveway and ample off‑street parking.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Kitchen & Bath Showroom Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 03901, ME

7,937
Population
3,617
Households
2.2
Avg Household Size
40
Median Age
35%
College-Educated
96%
High-School Grad
37.5 sq mi
ZIP Area
212
Density / Sq Mi
$77,790
Median Household Income
$53,333
Median Earnings
$1,237
Median Rent
$331,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-unit property in Berwick, Maine with expansion potential.
Where is this duplex located?
The property is located at 8 Allen St Berwick, ME.
What is the asking price?
The asking price for this property is $464,900.
What are key features of this property?
This property features: Two‑unit multi‑family property in desirable Berwick, Maine.; Each unit has 2 bedrooms and 1 full bathroom with spacious layouts.; Generous lot with large driveway and ample off‑street parking.
More about this property
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