As of this post there are 97 multi unit investment properties on the market in Berlin, NH. 97 Investment properties ranging from 2 units and up. Prices range from $29,900 to $325,000. Many of the lower priced properties are bank owned. The bank owned properties are vacant. A side note as far as tenants go: We have an in house property management company and one of our clients has 26 units through out the city. 25 units have tenants and there is only one vacancy. Rents range from $425 to $725. Berlin has a code of compliance that all multi unit properties will need to address. The two biggest issues are hard wired smoke detectors and two means of egress. These issues can be addressed prior to transfer of title or if agreed between buyer & seller after transfer of title. The city will have a time frame inwhich these issues must be addressed. TIP: If you have interest in investment property, location location location! A great location + clean apartments + management/owner who cares = SUCCESS!
Did you know that RE/MAX Northern Edge Realty of Berlin, NH was voted "BEST OF THE BEST" Best Real Estate Agency of 2007 by Berlin & Gorham voters! The survey was conducted by Market Surveys Of The Northeast (Bestofsurveys.com). RE/MAX Northern Edge Realty thanks all past & current customer/clients for making us number one! To all our past, current & future customer/clients THANK YOU for your support. If you have any questions on real estate in Berlin or Gorham, NH please contact RE/MAX Northern Edge Realty today 603-752-0003. Visit us online at http://www.teamner.com
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