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$425,000
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Property Description
Welcome to 430 Main Street, South Berwick, Maine - an extraordinary investment opportunity for savvy real estate investors. This multi-family property, boasting three distinct units, is a testament to quality, location, and income potential. The property's prime location offers a slice of this enchanting town to its tenants, providing an inviting atmosphere that is sure to attract renters. The building itself is tastefully renovated. Its architectural character fits seamlessly into the surrounding neighborhood, making it an attractive addition to the community. The property also features ample off-street parking and a detached 2 car garage ensuring tenant convenience and enhancing its overall desirability. Each of the 2 residential units within 430 Main Street is a shining example of comfort and modern living. The two-bedroom unit is located on the second level and offers spacious layouts, while the three-bedroom units highlights original details of the structure such as high tin ceilings and natural light through many windows. The interiors have been meticulously maintained and updated to meet the demands of today's discerning tenants. Contemporary fixtures, appliances, and finishes have been thoughtfully integrated, creating an inviting and comfortable atmosphere. In addition to the 2 residential units is a street side commercial unit. This unfinished gutted space is perfect for a business to come in and create their own vision. One of the most compelling aspects of this investment is the potential for long-term appreciation. Don't miss the chance to secure your stake in this promising investment venture, where you can capitalize on South Berwick's growth and enjoy the rewards of a well-maintained, multi-unit property in a truly exceptional location. Alternatively this could become a great owner occupied property in a great neighborhood!
Full Property Details
Full Property Details for 430 Main St
General
- Sold For: $425,000
- Taxes: $5,063 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1575257
- Added to Site: 953 day(s) ago
Interior
- Interior Features: Bathtub, One-Floor Living, Pantry, Shower, Storage
- Fireplace: Yes
- Flooring: Wood, Vinyl, Tile, Laminate, Concrete, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Laundry: Washer Hookup
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: 1 - 4 Spaces, Paved, Common, Detached, Storage, On Street
Location
- County: York
Heating & Cooling
- Cooling Type: None
- Heating Type: Direct Vent Heater
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Multilevel
- Construction: Vinyl Siding, Brick, Wood Frame
- Roof: Other, Shingle
- Stories/Levels: 2
- Building Size: 2686
- Square Feet: 2,686
- Living Area: 2,686 Sq. Ft.
- Finished Total: 2,686 Sq. Ft.
- Finished Above Grnd: 2,686 Sq. Ft.
- Year Built: 1885
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size Source: Public Records
- Zoning: Business-1
- Lot Description: Corner Lot, Sidewalks, Intown, Near Shopping, Near Town, Near Public Transit
Financial Considerations
- Tax Amount: $5,063
- Tax Year: 2022
Disclosures and Reports
- Documents Avail.: Lead Paint Addendum Public Access, Property Disclosure Public Access, Deed Public Access, Plot Plan Public Access
- Exclusions: Washer and Dryers are tenant owned.
- Lot Number: 52
Listed by Anchor Real Estate (207) 361-5007
Sold by Keller Williams Coastal and Lakes & Mountains Realty (207) 475-0999
Get Pre-Approved Today
Schools
Schools serving 430 Main St
School District:School Administrative District 35
| Name | Grades | Distance |
|---|---|---|
Marshwood High School 260 Dow Highway, South Berwick, ME 03908 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 430 Main St
Date
Details
Price
Change
Source
2/16/2024
Sold
$425,000
-5.53%
MLS
1/17/2024
Price Reduced
$449,900
-6.08%
MLS
10/18/2023
Listed
$479,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
430 Main Street, South Berwick, ME 03908 (MLS# 1575257) is a Multi-Family property that was sold at $425,000 on February 16, 2024. Want to learn more about 430 Main Street? Do you have questions about finding other Multi-Family real estate for sale in South Berwick? You can browse all South Berwick real estate or contact a Coldwell Banker agent to request more information.

