441 Main St

South Berwick, ME 03908

$625,000
Price
8
Beds
3,878 Sq. Ft.
$161 / Sq. Ft.
3,878
Sq. Ft.
$161
per Sq. Ft.

Description

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...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.
  1. Listed by Andy Yau • RE/MAX Shoreline

Property Details for 441 Main Street

Waterfront
No
ArchitecturalStyle
Split Level, Other
Garage
No
Zoning
B1
LISTING UPDATED: 05/01/2025 11:47 AM

Property Details for 441 Main Street

StatusActive Under Contract
MLS #1619573
Days on Market13
Taxes$5,575 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1910
Lot Size0.21 AC / 9,147 SF
CountyYork County

Location

Listing Courtesy of RE/MAX Shoreline
Add your commute

Building Information for 441 Main Street

Stories-Residences3Year Built1910Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$3,739 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,275

Property Taxes

$465

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 441 Main Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Water Body Name: Salmon Falls River
  • Town: South Berwick
  • State/Province: ME
  • Zip Code: 03908
  • County: York
  • Geo Latitude: 43.236652
  • Geo Longitude: -70.815217
  • Tax Lot: 0
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Interior Lot: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Other, Paved, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 15566
  • Tax Block: 16
  • Tax Map Number: 30
  • Tax Year: 2024
  • Parcel Number: 441mainstsouthberwick03908
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $5,575.40
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3878.0
  • Lot Size Acres: 0.21
  • Source of Acreage: Public Records
  • Building Area Total: 3878.0
  • Lot Size Area: 0.21
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9147.6
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Street Number: 441
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Total Half Baths: 1.00
Parking
  • Driveway:Other: Yes
  • Driveway:Paved: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1910
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: Yes
  • Gas:Other Gas: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Roof: Flat
  • Vehicle Storage:Other Vehicle Storage: Yes
Interior Features
  • Basement: Interior, Walk-Out Access, Full, Exterior Only
  • Flooring: Wood, Other, Carpet
  • Cooling: Other
  • Heating: Steam
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 2.50
  • Bathrooms Total (Notational): 2.10
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $39,600.00
  • Operating Expenses: $8,905.21
Multi-Family Information
  • Number of Units: 3
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: Yes
  • 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: No
  • Unit 2:Monthly Rent: $1,400.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • 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: Yes
  • Unit 2:Heat: Yes
  • 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: 9.00
  • 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: Yes
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit 4
  • Unit 4:Electric: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 441 Main Street

DateEvent & SourcePriceAppreciation
May 1, 2025

Active Under Contract

Maine Listings #1619573

Apr 18, 2025

Listed (Active)

Maine Listings #1619573

$625,000
Feb 24, 2009

Sold

New England Real Estate Network #2692920

$121,000
Feb 7, 2009

Pending

New England Real Estate Network #2692920

Nov 16, 2008

Expired

Maine Listings #873406

$199,900
Nov 29, 2007

Price Change

New England Real Estate Network #2692920

$229,000
Nov 29, 2007

Listed (Active)

Maine Listings #873406

$229,000
Nov 29, 2007

Listed (Active)

New England Real Estate Network #2692920

$199,900
Oct 2, 2007

Expired

Maine Listings #832552

$269,900
Feb 13, 2007

Listed (Active)

Maine Listings #832552

$269,900
Feb 22, 1999

Sold

Maine Listings #233627

$91,000
Oct 14, 1998

Active Under Contract

Maine Listings #233627

Feb 20, 1998

Listed (Active)

Maine Listings #233627

$99,900
DateEvent & SourcePrice
05/01/2025

Active Under Contract

Maine Listings #1619573

04/18/2025

Listed (Active)

Maine Listings #1619573

$625,000
02/24/2009

Sold

New England Real Estate Network #2692920

$121,000
02/07/2009

Pending

New England Real Estate Network #2692920

11/16/2008

Expired

Maine Listings #873406

$199,900
11/29/2007

Price Change

New England Real Estate Network #2692920

$229,000
11/29/2007

Listed (Active)

Maine Listings #873406

$229,000
11/29/2007

Listed (Active)

New England Real Estate Network #2692920

$199,900
10/02/2007

Expired

Maine Listings #832552

$269,900
02/13/2007

Listed (Active)

Maine Listings #832552

$269,900
02/22/1999

Sold

Maine Listings #233627

$91,000
10/14/1998

Active Under Contract

Maine Listings #233627

02/20/1998

Listed (Active)

Maine Listings #233627

$99,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 441 Main Street

Taxable ValueLand$105,500Additions$362,600Total$468,100
Tax Record2024$6,282 ($524 / month)
Home Facts
Baths3.5Total Finished SqFt2,262 SqFtAbove Grade Finished SqFt2,262 SqFtStories3Lot Size9,148 SqFtStyleDuplexYear Built1910ZoningB1 BUSCountyYORKAPNSBER M:030 B:016

Schools near 441 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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.