416 Burgess StreetBerlin, NH 03570Sale Price: $230,000

The tenants pay for their own heat, hot water, and electricity. This four-unit investment property offers excellent income potential with minimal landlord expenses. It includes three 2-bedroom, 1-bath apartments located at 412 Burgess Street (#1-3), along with a detached 1-bedroom, 1-bath home at 416 Burgess Street-all situated on the same lot. Major updates completed in July 2024 include a complete electrical system replacement brought up to code, new vinyl siding, replacement windows and doors, and two legal means of egress. Each unit features washer/dryer hookups and appliances. The detached home, complete with a full basement, has been renovated with new flooring, fresh paint, updated bathroom fixtures, cabinets, light fixtures, and appliances. Exterior improvements regarding the home, include fresh paint, a new propane tank, new stair railings, a 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, and a two-car garage adds additional value.