$749,000
$1K PRICE DROP

1 Bridge St Berwick, ME 03901

Estimated payment $4,512/month

Total Views 25,906
-- Bed
6 Baths
4,026 Sq Ft
$186 Price per Sq Ft

Highlights

  • 300 Feet of Waterfront
  • Wood Flooring
  • Forced Air Heating System
  • Colonial Architecture
  • No HOA

About This Home

This 5-unit apartment complex offers historic charm with the benefit of major recent improvements, making it an attractive opportunity in the heart of Berwick. Positioned along 300 feet of frontage on the Salmon Falls River and just steps from Corner Point Brewing, the property sits in a walkable area near Berwick's expanding retail scene and the upcoming Edge development. The units retain original wood floors, moldings, and stairwells, while key updates have enhanced the building's overall condition and appeal. With ample parking, separate utilities, and strong long-term upside, this property is well-suited for investors or potential owner-occupants.

Listing Agent

Andre Rossignol

CORE Listed on: 05/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,446

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • 300 Feet of Waterfront

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 6 Full Bathrooms
  • 4,026 Sq Ft Home
  • Wood Flooring
  • Water Views
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number BERW-000004U-000000-000010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,446

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Water Body Name: Salmon Falls River
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 4026.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Contract Information:List PriceSqFt: 186.04
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Water Info:Waterfront Amount -: 300.0
  • Water Info:Water Frontage Owned -: 300.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 6
  • Flooring: Wood

Exterior Features

  • Waterfront: Yes
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: BERW-000004U-000000-000010
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 6445.74
  • Tax Lot: 10

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,446 $516,900 $113,900 $403,000
2023 $4,967 $271,100 $81,400 $189,700
2022 $4,939 $271,100 $81,400 $189,700
2021 $4,961 $271,100 $81,400 $189,700
2020 $4,752 $271,100 $81,400 $189,700
2019 $4,752 $271,100 $81,400 $189,700
2018 $4,411 $257,200 $73,300 $183,900
2017 $4,411 $257,200 $73,300 $183,900
2016 $4,192 $257,200 $73,300 $183,900
2014 $4,089 $257,200 $73,300 $183,900
2013 $4,128 $257,200 $73,300 $183,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2025 12/15/25 Price Changed $749,000 -6.3% $186 / Sq Ft
11/06/2025 11/06/25 Price Changed $799,000 -13.6% $198 / Sq Ft
05/29/2025 05/29/25 Price Changed $925,000 -2.6% $230 / Sq Ft
05/11/2025 05/11/25 Price Changed $950,000 0.0% $236 / Sq Ft
05/11/2025 05/11/25 For Sale $950,000 +26.7% $236 / Sq Ft
08/07/2024 08/07/24 Off Market $750,000 -- --
06/20/2024 06/20/24 For Sale $750,000 +20.0% $186 / Sq Ft
01/03/2023 01/03/23 Sold $625,000 0.0% $139 / Sq Ft View Prior Sale
10/20/2022 10/20/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $625,000 +204.9% $139 / Sq Ft
09/21/2018 09/21/18 Sold $205,000 -17.7% $50 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Pending -- -- --
05/16/2018 05/16/18 Price Changed $249,000 -7.4% $61 / Sq Ft
04/23/2018 04/23/18 For Sale $269,000 -- $66 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1594149

Maine Listings