ME > South Berwick
South Berwick, ME 03908,455 Main ST
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South Berwick, ME 03908,455 Main ST
South Berwick, ME 03908,455 Main ST
South Berwick, ME 03908,455 Main ST
South Berwick, ME 03908,455 Main ST
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The Scoville Foley Team

The Scoville Foley Team

+1(207) 885-0500
Listed by RE/MAX Shoreline
$ 1,600,000
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Active Under Contract

455 Main ST South Berwick, ME 03908

7 Baths

7,164 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Square Footage 7,164 sqft

MLS Listing ID 1619574

Style Split Level

Full Baths 7

HOA Y/N No

Abv Grd Liv Area 7,164

Year Built 1900

Annual Tax Amount $7,282

Tax Year 2024

Lot Size 0.490 Acres

Acres 0.49

Source Maine Listings

Property Description

The advertised price is for the 7 unit individually. 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 Monday April 21.

Location

State ME

County York

Zoning B1

Body of Water Salmon Falls River

Rooms

Basement Interior, Full, Exterior Only

Interior

Heating Steam, Hot Water

Cooling Other

Flooring Wood, Vinyl, Tile, Laminate, Carpet

Exterior

Parking Features 5 - 10 Spaces, Paved, Off Street, On Street

Utilities Available 1

View Y/N No

Roof Type Flat

Street Surface Paved

Garage No

Building

Lot Description Open, Level, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood

Sewer Public Sewer

Water Public

Architectural Style Split Level

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Oil

Maine MLS (MREIS) IDX
agent

The Scoville Foley Team

+1(207) 885-0500

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