Price reduced by $20,000 on this fantastic investment opportunity offering strong income potential with minimal landlord expenses. This fully occupied property includes three spacious 2-bedroom, 1-bath units (412 Burgess #1–3) and a detached, fully renovated 1-bedroom, 1-bath home located on the same lot at 416 Burgess. All tenants are long-term and pay their own utilities, providing reliable cash flow. Significant updates have been completed, including a full electrical system replacement brought up to code in July 2024, new vinyl siding, replacement windows and doors, and two legal means of egress. All units have been freshly painted, feature washer/dryer hookups, and include updated appliances. Unit #1 also features new vinyl plank flooring. The detached home has been thoroughly renovated with new flooring, paint, bathroom fixtures, cabinets, light fixtures, and appliances. Exterior improvements include fresh paint, a new propane tank, new stair railings, waterproofed foundation with perimeter drainage, and a repaired retaining wall. The exterior stairs leading to the shared area above the garage have also been replaced. A two-car garage adds additional value. With a solid rental history and extensive recent improvements, this property is an excellent opportunity for investors seeking dependable income and long-term value.
Active
Listed by:
Matthew R Martel,
RE/MAX Northern Edge Realty LLC 603-752-0003
Price cut: $20K (7/28)
$239,900
416 Burgess Street, Berlin, NH 03570
7beds
3,046sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$79/sqft
$-- HOA
What's special
Waterproofed foundationPerimeter drainageNew flooringReplacement windowsBathroom fixturesNew stair railingsLight fixtures
- 65 days
- on Zillow |
- 1,239 |
- 65 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 05:24am
Listed by:
Matthew R Martel,
RE/MAX Northern Edge Realty LLC 603-752-0003
Source: PrimeMLS,MLS#: 5046690

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Propane, Forced Air, Hot Air, Hot Water, Individual
Cooling
- None
Features
- Flooring: Laminate, Vinyl Plank
- Basement: Full,Unfinished,Walkout,Walk-Out Access
Interior area
- Total structure area: 5,418
- Total interior livable area: 3,046 sqft
- Finished area above ground: 3,046
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: 3
- Patio & porch: Enclosed Porch
- Exterior features: Deck
- Frontage length: Road frontage: 90
Lot
- Size: 8,712 Square Feet
- Features: City Lot, Near ATV Trail
Details
- Parcel number: BELNM00130B000263L000000
- Zoning description: RG
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete, Stone
- Roof: Asphalt Shingle,Other,Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Propane, Phone Available, Fiber Optic Internt Avail
Community & HOA
Location
- Region: Berlin
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $154,200
- Annual tax amount: $4,705
- Date on market: 6/16/2025
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