ME > South Berwick
South Berwick, ME 03908,441 & 455 Main ST
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South Berwick, ME 03908,441 & 455 Main ST
South Berwick, ME 03908,441 & 455 Main ST
South Berwick, ME 03908,441 & 455 Main ST
South Berwick, ME 03908,441 & 455 Main ST
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Cassie Mason

Cassie Mason

+1(207) 418-1560
Listed by RE/MAX Shoreline
$ 1,950,000
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441 & 455 Main ST South Berwick, ME 03908

10 Baths

11,042 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 11,042 sqft

MLS Listing ID 1619194

Style Other,Dutch Colonial

Full Baths 9

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 11,042

Originating Board Maine Listings

Year Built 1912

Annual Tax Amount $12,857

Tax Year 2024

Lot Size 0.700 Acres

Acres 0.7

Property Description

Two buildings with 10 units and 29 beds across two adjacent parcels in highly desirable South Berwick. Undervalued for the bed count, offering a potential cap rate exceeding 13.16%. There is a third building that can be rebuilt for a quadplex or townhouse condos, for additional value add potential. The first building is an elegant septa(7) decker with all 3 bedrooms each, making it the perfect building for condo conversions. Tour through the units and enjoy the stunning upgrades throughout. Units are all spacious with beautiful hardwood floors and tile flooring throughout, paired with modern touches like granite or quartz countertops, stainless steel appliances, and bright white kitchen cabinets. Each unit also features in-unit washer/dryers, stylish tile backsplashes in bathrooms and kitchens, and access to a back porch deck for outdoor relaxation in the spring time. The second building is a mixed-use triplex with approximately 4,000 square feet, featuring a spacious ground-floor commercial space with large bay windows, ideal for retail or office use, and two large upstairs apartments. The units offer plenty of character with beautiful tin ceilings and hardwood floors. The location is ideal, situated close to town and within a short distance of amenities such as schools, restaurants, and grocery stores. Vaughan Woods State Park and the Naval Shipyard are nearby. It's conveniently less than an hour from Portland, just over an hour from Boston, and 25 minutes from Portsmouth. Offers for both properties as a package will take precedence. Delayed private showings begin on Saturday April 19, 2025 and Monday April 21.

Location

State ME

County York

Zoning B1

Rooms

Basement Interior, Walk-Out Access, Full

Interior

Heating Hot Water, Forced Air, Baseboard

Cooling Other

Flooring Wood, Vinyl, Carpet

Exterior

Parking Features 11 - 20 Spaces, Paved

Utilities Available 1

View Y/N No

Roof Type Other,Rolled/Hot Mop

Garage No

Garage No

Building

Lot Description Well Landscaped, Level, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood

Sewer Public Sewer

Water Public

Architectural Style Other, Dutch Colonial

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Oil, Gas Bottled

Maine MLS (MREIS) IDX
agent

Cassie Mason

Broker | Bean Group016220

+1(207) 418-1560

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