441-455 Main St
South Berwick, ME 03908
$1,950,000
Price
29
Beds
10
Baths
11,042 Sq. Ft.
$177 / Sq. Ft.
11,042
Sq. Ft.
$177
per Sq. Ft.
Active Under Contract
Active Under Contract
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...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.
- Listed by Andy Yau • RE/MAX Shoreline
Property Details for 441-455 Main Street
Waterfront
No
ArchitecturalStyleOther, Dutch Colonial
GarageNo
ZoningB1
Location
Listing Courtesy of RE/MAX Shoreline
Add your commute
LISTING UPDATED: 05/01/2025 11:47 AM
Property Details for 441-455 Main Street
| Status | Active Under Contract |
|---|---|
| MLS # | 1619194 |
| Days on Market | 15 |
| Taxes | $12,857 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1912 |
| Lot Size | 0.70 AC / 30,492 SF |
| County | York County |
Building Information for 441-455 Main Street
Stories-Residences10Year Built1912Building Size-Lot Size0.70 AC / 30,492 SF
Payment Calculator
$11,288 per month
30 year fixed, 6.845% Interest
Principal and Interest
$10,217
Property Taxes
$1,071
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 441-455 Main Street
Summary
Location and General Information
- Town: South Berwick
- State/Province: ME
- Zip Code: 03908
- County: York
- Geo Latitude: 43.236391
- Geo Longitude: -70.815271
- Tax Lot: 0
- Site:Level: Yes
- Site:Well Landscaped: Yes
- Location:Near Shopping: Yes
- Location:Near Town: Yes
- Location:Near Turnpike/Interstate: Yes
- Location:Neighborhood: Yes
Parking
- Parking Features: 11 - 20 Spaces, Paved
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 15566
- Tax Block: 16
- Tax Map Number: 030
- Tax Year: 2024
- Parcel Number: 441455mainstreetsouthberwick03908
- Location Information:Association Y/N: No
- Tax Annual Amount: $12,857.00
Property
Heating and Cooling
- Water Heater:Electric: No
- Water Heater:Off Heating System: Yes
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 11042.0
- Lot Size Acres: 0.7
- Source of Acreage: Public Records
- Building Area Total: 11042.0
- Lot Size Area: 0.7
- Lot Size Units: Acres
- Lot Size Square Feet: 30492.0
- Bathrooms Full: 9
- Bathrooms Half: 1
- Street Number: 441455
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Total Half Baths: 1.00
Parking
- Driveway:Paved: Yes
Property and Assessments
- Leased Land: No
- Property Type: Multi-Family
- Property Type Label: Multi-Family
- Year Built: 1912
Utilities
- Electric: Other Electric, Circuit Breakers
- Sewer: Yes
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Vinyl Siding, Wood Frame
- Vehicle Storage:4+ Car: Yes
- Roof: Other, Rolled/Hot Mop
Interior Features
- Basement: Interior, Walk-Out Access, Full
- Flooring: Wood, Vinyl, Carpet
- Cooling: Other
- Heating: Hot Water, Forced Air, Baseboard
- Bathrooms Total (Integer): 10
- Bathrooms Total (Decimal): 9.50
- Bathrooms Total (Notational): 9.10
- Cooling YN: Yes
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $190,800.00
- Operating Expenses: $54,161.03
Multi-Family Information
- Number of Units: 10
Unit 1
- Unit 1:Lease: Yes
- Unit 1:Level: First
- Unit 1:Security Deposit: Yes
- Unit 1:Monthly Rent: $500.00
- Unit 1:# Full Baths: .00
- Unit 1:# of Half Baths: 1.00
- Unit 1:# of Rooms: 3.00
- Unit 1:# of Bedrooms: .00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: Yes
- Unit 1:Range: Yes
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: Yes
- Unit 1:Water: Yes
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: Second
- Unit 2:Security Deposit: Yes
- Unit 2:Monthly Rent: $1,300.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 6.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: Yes
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: Yes
- Unit 2:Water: Yes
Unit 3
- Unit 3:Lease: Yes
- Unit 3:Level: Second
- Unit 3:Security Deposit: Yes
- Unit 3:Monthly Rent: $1,500.00
- Unit 3:# Full Baths: 1.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 6.00
- Unit 3:# of Bedrooms: 6.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: Yes
- Unit 3:Dedicated Water Heater: Yes
- Unit 3:Electric: No
- Unit 3:Heat: No
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: Yes
- Unit 3:Water: Yes
Unit 4
- Unit 4:Lease: Yes
- Unit 4:Level: First
- Unit 4:Security Deposit: Yes
- Unit 4:Monthly Rent: $2,000.00
- Unit 4:# Full Baths: 1.00
- Unit 4:# Half Baths: .00
- Unit 4:# of Rooms: 6.00
- Unit 4:# of Bedrooms: 3.00
- Unit 4:Dedicated Electric Meter: Yes
- Unit 4:Dedicated Gas Meter: Yes
- Unit 4:Dedicated Water Heater: Yes
- Unit 4:Electric: No
- Unit 4:Heat: Yes
- Unit 4:Range: Yes
- Unit 4:Refrigerator: Yes
- Unit 4:Water: Yes
Unit 5
- Unit 5:Lease: Yes
- Unit 5:Level: First
- Unit 5:Security Deposit: Yes
- Unit 5:Monthly Rent: $1,500.00
- Unit 5:# Full Baths: 1.00
- Unit 5:# Half Baths: .00
- Unit 5:# of Rooms: 6.00
- Unit 5:# of Bedrooms: 3.00
- Unit 5:Dedicated Electric Meter: Yes
- Unit 5:Dedicated Gas Meter: Yes
- Unit 5:Dedicated Water Heater: Yes
- Unit 5:Electric: No
- Unit 5:Heat: Yes
- Unit 5:Range: Yes
- Unit 5:Refrigerator: Yes
- Unit 5:Sewer: Yes
- Unit 5:Water: Yes
Unit 6
- Unit 6:Lease: Yes
- Unit 6:Level: First
- Unit 6:Security Deposit: Yes
- Unit 6:Monthly Rent: $2,000.00
- Unit 6:# Full Baths: 1.00
- Unit 6:# Half Baths: .00
- Unit 6:# of Rooms: 6.00
- Unit 6:# of Bedrooms: 3.00
- Unit 6:Dedicated Electric Meter: Yes
- Unit 6:Dedicated Gas Meter: Yes
- Unit 6:Dedicated Water Heater: Yes
- Unit 6:Electric: No
- Unit 6:Heat: Yes
- Unit 6:Range: Yes
- Unit 6:Refrigerator: Yes
- Unit 6:Sewer: Yes
- Unit 6:Water: Yes
Unit 7
- Unit 7:Lease: Yes
- Unit 7:Level: Second
- Unit 7:Security Deposit: Yes
- Unit 7:Monthly Rent: $2,000.00
- Unit 7:# Full Baths: 1.00
- Unit 7:# Half Baths: .00
- Unit 7:# of Rooms: 6.00
- Unit 7:# of Bedrooms: 3.00
- Unit 7:Dedicated Electric Meter: Yes
- Unit 7:Dedicated Gas Meter: Yes
- Unit 7:Dedicated Water Heater: Yes
- Unit 7:Electric: No
- Unit 7:Heat: Yes
- Unit 7:Range: Yes
- Unit 7:Refrigerator: Yes
- Unit 7:Sewer: Yes
- Unit 7:Water: Yes
Unit 8
- Unit 8:Lease: Yes
- Unit 8:Level: Second
- Unit 8:Security Deposit: Yes
- Unit 8:Monthly Rent: $1,700.00
- Unit 8:# Full Baths: 1.00
- Unit 8:# Half Baths: .00
- Unit 8:# of Rooms: 6.00
- Unit 8:# of Bedrooms: 3.00
- Unit 8:Dedicated Electric Meter: Yes
- Unit 8:Dedicated Gas Meter: Yes
- Unit 8:Dedicated Water Heater: Yes
- Unit 8:Electric: No
- Unit 8:Heat: Yes
- Unit 8:Range: Yes
- Unit 8:Refrigerator: Yes
- Unit 8:Sewer: Yes
- Unit 8:Water: Yes
Unit 9
- Unit 9:Lease: Yes
- Unit 9:Level: Third
- Unit 9:Security Deposit: Yes
- Unit 9:Monthly Rent: $1,400.00
- Unit 9:# Full Baths: 1.00
- Unit 9:# Half Baths: .00
- Unit 9:# of Rooms: 6.00
- Unit 9:# of Bedrooms: 3.00
- Unit 9:Dedicated Electric Meter: Yes
- Unit 9:Dedicated Gas Meter: Yes
- Unit 9:Dedicated Water Heater: Yes
- Unit 9:Electric: No
- Unit 9:Heat: Yes
- Unit 9:Range: Yes
- Unit 9:Refrigerator: Yes
- Unit 9:Sewer: Yes
- Unit 9:Water: Yes
Unit 10
- Unit 10:Lease: Yes
- Unit 10:Level: Third
- Unit 10:Security Deposit: Yes
- Unit 10:Monthly Rent: $2,000.00
- Unit 10:# Full Baths: 1.00
- Unit 10:# Half Baths: .00
- Unit 10:# of Rooms: 6.00
- Unit 10:# of Bedrooms: 3.00
- Unit 10:Dedicated Electric Meter: Yes
- Unit 10:Dedicated Gas Meter: No
- Unit 10:Dedicated Water Heater: No
- Unit 10:Electric: No
- Unit 10:Heat: Yes
- Unit 10:Range: Yes
- Unit 10:Refrigerator: Yes
- Unit 10:Sewer: Yes
- Unit 10:Water: Yes
Unit 15
- Unit 15:Heat: Yes
- Unit 15:Range: Yes
- Unit 15:Sewer: Yes
- Unit 15:Water: Yes
Unit 16
- Unit 16:Heat: Yes
- Unit 16:Range: Yes
- Unit 16:Refrigerator: Yes
- Unit 16:Sewer: Yes
- Unit 16:Water: Yes
Unit 17
- Unit 17:Heat: Yes
- Unit 17:Range: Yes
- Unit 17:Refrigerator: Yes
- Unit 17:Sewer: Yes
- Unit 17:Water: Yes
Unit 18
- Unit 18:Heat: Yes
- Unit 18:Range: Yes
- Unit 18:Refrigerator: Yes
- Unit 18:Sewer: Yes
- Unit 18:Water: Yes
Unit 19
- Unit 19:Heat: Yes
- Unit 19:Range: Yes
- Unit 19:Refrigerator: Yes
- Unit 19:Sewer: Yes
- Unit 19:Water: Yes
Unit 20
- Unit 20:Heat: Yes
- Unit 20:Range: Yes
- Unit 20:Refrigerator: Yes
- Unit 20:Sewer: Yes
- Unit 20:Water: Yes
Unit Information
- Units:# of 1 BD Units: 1
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 7
- Units:# of 4+ BD Units: 1
Property History for 441-455 Main Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 441-455 Main Street
This home is within Regional School Unit 35 Msad 35.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 3 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 4 to 5 |
Rating | School | Distance |
|---|---|---|
Central School PublicPK to 3 | ||
Marshwood Middle School Public6 to 8 | ||
Marshwood High School Public9 to 12 | ||
Marshwood Great Works School Public4 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of RE/MAX Shoreline
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
