Listing Agency: F.O. Bailey Real Estate t**@tomsellsmaine.com Show Phone

Listed By: Thomas Gadbois · License #ME BA918504

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:09PM

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Investment Insights

Based on property information with market context.

This 22-unit apartment property in Berwick, Maine, consists of an older multifamily building with a preserved exterior and maintained interior spaces. The property combines original architectural character with practical residential accommodations and has been kept in clean condition for occupants.

The building is located at 8 George St in Berwick, providing housing within the town’s established community setting. The property information identifies its role in serving local workforce housing demand and notes access to employment centers, educational institutions, and essential amenities in the surrounding area.

Key Highlights

• 22‑unit apartment property
• Located at 8 George St, Berwick, ME 03901
• Older multifamily building with preserved exterior character

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Kitchen & Bath Showroom Building Supply

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

Lease Details

22

Residential units

Location Intelligence

Trade Area within ½ mile

386

Businesses Nearby

Explore this area Business Placement

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?

Apartment building - Older multifamily property in clean condition, positioned to serve local workforce housing needs.

Where is this apartment building located?

The property is located at 8 George St Berwick, ME.

What are key features of this property?

This property features: 22‑unit apartment property; Located at 8 George St, Berwick, ME 03901; Older multifamily building with preserved exterior character