$699,900

10 Portland St South Berwick, ME 03908

Estimated payment $4,235/month

Total Views 600
-- Bed
3.5 Baths
2,790 Sq Ft
$251 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Flooring
  • Main Floor Bedroom
  • Marshwood High School Rated 9+
  • New Englander Architecture
  • No HOA

About This Home

Rare Cash flow! Look no further for the quadplex everyone is looking for in sought out South Berwick with a rare 10.04% cap rate. Enjoy 3 spacious residential units plus a solid tenant occupying the commercial space below in the heart of downtown. Units are full of character with exposed beams, high ceilings, and a loft bedroom. Tenants enjoy being in walking distance to restaurants, convenience stores, and more. The location can not be any better with close proximity to Portsmouth, and the seacoast of Maine and New Hampshire. Can go FHA/conventional financing. PRIVATE showings Sunday 12-2PM

Listing Agent

Andy Yau

RE/MAX Shoreline Listed on: 10/15/2025

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,773

Year Built

  • Built in 1890

Lot Details

  • 4,356 Sq Ft Lot
  • Landscaped
  • Sprinkler System

Home Design

  • New Englander Architecture
  • Split Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,790 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Shower Only

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Block 167
  • Assessor Parcel Number SBER-000028-000000-000167

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $16,765
  • Gross Income $87,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,773

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 2790.0
  • Architectural Style: Split Level, Shingle, New Englander
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2790.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Amenities:Walk-in Closets: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 87960.0
  • Income Expenses Operating Expenses: 16764.6
  • Exterior:Wood Siding: Yes
  • Basement:Dirt Floor: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Style:New Englander: Yes
  • Misc Amenities Sprinkler: Yes
  • Levels:Multi-Level3: Yes
  • Style Split Level: Yes
  • Construction Stone2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Dirt Floor, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Shower, Storage

Exterior Features

  • Lot Features: Well Landscaped, Right of Way, Sidewalks, Intown, Near Shopping, Office Park
  • Waterfront: No
  • Construction Type: Stone, Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Other
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler, Fire System, Security System
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: SBER-000028-000000-000167
  • Zoning: B1

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 87960.0
  • Annual Operating Expense: 16764.6

Tax Info

  • Tax Annual Amount: 6773.0
  • Tax Block: 167
  • Tax Lot: 0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2025 10/15/25 For Sale $699,900 0.0% $251 / Sq Ft
01/08/2016 01/08/16 Rented $950 -5.0% --
12/09/2015 12/09/15 Under Contract -- -- --
12/03/2015 12/03/15 For Rent $1,000 0.0% --
11/20/2015 11/20/15 Sold $313,000 -6.6% $107 / Sq Ft View Prior Sale
08/03/2015 08/03/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $335,000 -- $114 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1640927

Maine Listings

APN: SBER M:028 B:167