Address
88 Portland Street, South Berwick, ME
Price
$ 489,000
Property Attributes
  • MLS#1587192
  • TypeMulti-Family
  • CountyYORK
  • CitySouth Berwick
  • Zip03908
  • Style
  • Year Built1875
  • Taxes$ 4843
  • Price$ 489,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2560
  • Lot Size0.31 Acres
Data Source:
Maine Listings (MREIS)
Property Description

Tremendous Two-Family Investment Opportunity! Owner occupants and investors will not want to miss seeing this solid-well maintained home in an ideal location! Occupy one of two units while collecting $2,200+ monthly rental income. Annual rental income for both units would be approx $48,000. This home boasts architectural detail including multi-step door and window moldings, custom baseboards and the original balustrade handrail system. The roof on the main section of the home was replaced six months ago. Both units have been updated and have separate utilities. Unfinished attic for storage or expansion, as well as a large level lot with plenty of parking and the potential for a fully landscaped yard or auxiliary dwelling unit. Walk to one of many restaurants or enjoy the fresh air on this lovely farmers' porch. Close by you will find a park, several golf courses and beaches. Conveniently less than an hour from Portland, a little over an hour from Boston, and 25 minutes to Portsmouth. Highly regarded public and private school options.

General Features

Sewer Public Sewer
Heating Hot Water,Baseboard
Cooling None
Utilities Utilities On
Roof Shingle
Zoning r
Architectural Style Other Style
Construction Materials Other Exterior,Wood Frame
Year Built 1875
Electric Circuit Breakers
Tax Year 2024
Gross Income 0.0
County York
Operating Expense 999.0
New Construction No
Property Type Multi-Family
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Pending
City South Berwick
Buyer Agent Compensation 1.0000
View Y/N No
Senior Community Y/N No
Total Units 2
Lot Size Square Feet 13503.6
Waterfront Y/N No
Carport Y/N No
Street Name Portland
Land Lease Y/N No
Tax Annual Amount 4843.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Pending
Tax Lot 160
MobileHomeRemainsYN No
Buyer Agent Compensation Type %

Interior Features

Basement Full,Interior Entry
Flooring Vinyl,Tile,Laminate,Carpet
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Above Grade Finished Area 2560.0
Full Baths 2
Street Suffix Street
Below Grade Finished Area 0.0
Electric On Property Y/N No
Total Baths 2

Exterior Features

Parking Features Gravel,Off Street
Lot Features Level,Sidewalks,Intown,Near Shopping
Water Source Public
Lot Size Area 0.31
Foundation Details Stone,Brick/Mortar
Spa No
Building Area Total 2560.0
Lot Size Acres 0.31
Road Surface Type Paved
Lot Size Units Acres
Lot Size Source Seller
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 03908

Statistics provided by Inside Real Estate

Price
AVG $450K
$490K
Taxes
AVG $3,609
$4,843
Visits
AVG 57
39
Data Provided by Inside Real Estate®
Year Built
AVG 1968
1875

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