A rare opportunity to own a two-family property in the highly desirable town of Berlin. Situated on two contiguous lots totaling 3.41 acres with extensive frontage, this RA (Residential Agricultural) zoned property offers exceptional potential for investors, owner-occupants, or those seeking space for business use. Ideally located just minutes from downtown Hudson and major commuter routes, this multi-use property combines strong income potential with the charm and highly regarded school system that make Berlin such a sought-after community. The property features two generously sized condominium units along with a large garage complete with a very large workshop area and ample parking. Unit 1 is a 3 bed, 2 bath home with an additional bonus room and will be delivered vacant. Unit 2 offers 2 bedrooms, 1 bath, a bonus room, and is occupied by a reliable long-term tenant. Additional highlights include newer heating and central A/C systems, replacement windows and a newer septic system.
This home has been viewed 10 times
Last Checked: June 5th, 2026 at 6:18pm (Source: MLS PIN #73530677)
Gross Income: $49,200
Gross Expenses: $4,988
Net Income Calc: $44,212
Annual Expenses for 214-216 River Road East, Berlin MA 01503
Total Gross Expenses (Calculated)$4,988/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4988
Annual Income & Unit Breakdown for 214-216 River Road East, Berlin MA 01503
Total Gross Income (Calculated)$49,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
General Information for 214-216 River Road East, Berlin MA 01503
Listing ID73530677
Property TypeMulti Family / 2 Family
Price799000 ($235/SqFt)
Style2 Family - 2 Units Side By Side
CityBerlin
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3400
Approximate Lot Size (Acres)3.41
Total Parking12 (2 Garage)
Garage Parking2
Year Built1960
Year Built SourcePublic Records
Year Built DetailsActual
WaterPrivate
SewerPrivate Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 214-216 River Road East, Berlin MA 01503
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOwner
Title 5E
ExclusionsGarage Deep Freezers
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 214-216 River Road East, Berlin MA 01503
Real Estate Taxes4988
Tax Year2025
Assessed Value$352,000
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 214-216 River Road East, Berlin MA 01503
High SchoolTahanto Regional
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 214-216 River Road East, Berlin MA 01503