This exceptional two-unit duplex in Berwick, Maine, presents a compelling value-add investment opportunity. Boasting 3,150 square feet, the property features hardwood floors, crown molding, tray ceilings, and ample natural light. Each unit offers spacious rooms and high ceilings; one unit has four bedrooms, the other two, with potential for two more in the unfinished attic. Recent renovations include a new back porch roof, boiler, and a completely renovated basement with new concrete flooring, perimeter drain, and sump pump. Separate utilities and ample parking are key advantages. Situated on a 0.26-acre lot, the property enjoys a prime Berwick location, close to schools (SAD #60), and convenient to Somersworth, NH, York, Dover, and Portsmouth. The property's strong cash flow potential is highlighted by a pro-forma NOI of $51,359 and a pro-forma cap rate of 12.23%, with 100% occupancy. The asking price is $419,900, or $209,950 per unit. The property is zoned V/C. This is an ideal opportunity for an investor seeking strong returns and potential for further appreciation. The property's size and location make it an attractive option for both owner-occupancy and rental income generation. The existing renovations provide a solid foundation for continued growth and profitability.
Highlights
$419,900 asking price for a two-unit multifamily property.
Located at 8 Jordan St, Berwick, ME 03901, in York County.
3,150 square feet, with a price per square foot of $133.30.
12.23% pro-forma cap rate and a $51,359 pro-forma NOI.
100% occupancy with two units.
Recently renovated in 2024, featuring a new boiler, basement renovation, and new back porch roof.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.
Contacts
Andy Yau
Visit Broker Website
Learn more
Useful Information
Request information
8 Jordan St, Berwick, Maine, 03901
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
8 Jordan St
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Realmo?
Realmo
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.