Bought with Keller Williams Coastal and Lakes & Mountains Realty
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Key Details
Sold Price $425,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,686 sqft
MLS Listing ID 1575257
Sold Date 02/16/24
Style Multi-Level
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,686
Originating Board Maine Listings
Year Built 1885
Annual Tax Amount $5,063
Tax Year 2022
Lot Size 8,712 Sqft
Acres 0.2
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!
Location
State ME
County York
Zoning Business-1
Rooms
Basement Walk-Out Access, Full, Sump Pump, Unfinished
Interior
Interior Features Bathtub, One-Floor Living, Pantry, Shower, Storage
Heating Direct Vent Heater
Cooling None
Flooring Wood, Vinyl, Tile, Laminate, Concrete, Carpet
Fireplaces Number 1
Fireplace Yes
Laundry Washer Hookup
Exterior
Garage 1 - 4 Spaces, Paved, Common, Detached, Storage, On Street
Garage Spaces 2.0
Waterfront No
View Y/N No
Roof Type Other,Shingle
Street Surface Paved
Porch Deck, Porch
Parking Type 1 - 4 Spaces, Paved, Common, Detached, Storage, On Street
Garage Yes
Exclusions Washer and Dryers are tenant owned.
Building
Lot Description Corner Lot, Sidewalks, Intown, Near Shopping, Near Town, Near Public Transit
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Multi-Level
Structure Type Vinyl Siding,Brick,Wood Frame
Schools
School District Rsu 35/Msad 35
Others
Restrictions Unknown
Energy Description Propane
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327