Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Yorke Realty
Property view
Listing view 2
Listing view 3

455 Main Street, 
South Berwick, ME 03908

$1,600,000


Bed


7

Baths


7,164

Sq Ft


Multi-Family

Active

Listed by

Andy Yau

RE/MAX Shoreline

Last updated:

May 1, 2025, 05:45 PM

MLS#

1619574

Source:

ME MREIS

About This Home

455 Main Street

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.

Home Facts

Multi-Family

7 Baths

Built in 1900

Price Summary

1,600,000

$223 per Sq. Ft.

MLS #:

1619574

Last Updated:

May 1, 2025, 05:45 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

7,164 Sq. Ft.


Structure

Structure

Building Area:

7,164 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

21,344


Finances & Disclosures

Finances

Price:

$1,600,000

Price per Sq. Ft:

$223 per Sq. Ft.

MLS Logo
MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.