1 Bridge St - Apartments FOR SALE


Berwick, ME 03901
$925,000 USD
207-744-3084
1 Bridge St, Berwick, ME for Sale
$925,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1 Bridge St
Berwick, ME 03901


OVERVIEW

This 5-unit apartment complex offers historic charm with the benefit of major recent improvements, making it an attractive opportunity in the heart of Berwick. Positioned along 300 feet of frontage on the Salmon Falls River and just steps from Corner Point Brewing, the property sits in a walkable area near Berwick's expanding retail scene and the upcoming Edge development. The units retain original wood floors, moldings, and stairwells, while key updates have enhanced the building's overall condition and appeal. With ample parking, separate utilities, and strong long-term upside, this property is well-suited for investors or potential owner-occupants. For more information, please contact the listing broker.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$132 USD /SF

# OF UNITS

5

PRICE/UNIT

$185,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

CI

APN/PARCEL ID

BERW-000004U-000000-000010

ASK ABOUT THIS PROPERTY

207-744-3084

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207-744-3084

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