214-216 River Road East Berlin — Photo 1 of 25
$774,900
Investment Analysis — 214-216 River Road East
Berlin, MA 01503
Based on rent reported on the MLS listing, a 2-unit multi-family in 01503 carries $4,100/mo in gross rent — about a 4.18% cap rate and $32,404/yr in estimated NOI at the $774,900 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
3,400
Style
2 Family - 2 Units Side by Side
Built
1960
PRICE REDUCTION! Don’t miss this rare opportunity to own a versatile multi-unit property in the highly desirable town of Berlin! Situated on two contiguous lots totaling 3.41 acres with extensive frontage, this RA 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 history with the charm and highly regarded school system that make Berlin such a sought-after community. The property features two generously sized condo 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. Recently replaced heating and central A/C systems.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Bike Path
Geography
Property History
$774,900
Was $749,900
Oct 1, 2026
MLS® 73530677
$749,900
Was $799,000
Sep 24, 2026
MLS® 73530677
$799,000
Jun 4, 2026
MLS® 73530677
Listing Agent: Karen Mckiernan
Listing Office: Realty Executives Boston West
MLS® Number: 73530677