441 Main Street, South Berwick, ME 03908
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
441 Main Street,South Berwick, ME 03908
$625,000
- - Beds
- 3 Baths
- 3,878 sq. ft.
- Multi-family
- Pending
Listed by:andy yau
Office:re/max shoreline
MLS#:1619573
Source:ME_MREIS
Price summary
- Price:$625,000
- Price per sq. ft.:$161.17
About this home
The advertised price is for the three unit. See MLS# 1619194 for the packaged pricing. 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 Mon&Tues April 21-22.
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Home facts
- Year built:1910
- Listing ID #:1619573
- Updated:July 01, 2025 at 07:53 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:3,878 sq. ft.
Heating and cooling
- Heating:Steam
Structure and exterior
- Year built:1910
- Building area:3,878 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$161.17
- Tax amount:$5,575 (2024)
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