88 Portland Street

South Berwick, ME 03908

MLS ID# 1587192 Pending

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$489,000

2560 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Details

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. 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 inco... show more

Location Information

• Street # 88
• Street Name Portland
• Street Type Street
• County York
• Town South Berwick
• State/Province ME
• Zip Code 03908
• Zip +4 1204
• Leased Land No
• Book 0
• Page 0
• Map 28
• Lot 160
• Zoning r
• Zoning Overlay Unknown
• Tax ID SBER-000028-000000-000160
• Association No
• Full Tax Amount 4843
• Tax Year 2024

Property Information

• Surveyed Unknown
• Seasonal No
• Number of Units 2
• Total Baths 2
• Total Full Baths 2
• Total Half Baths 0
• Year Built 1875
• SqFt Finished Above Grade 2560
• SqFt Finished Below Grade 0
• SqFt Finished Total 2560
• SqFt Source Seller
• Garage No
• Lot Size Acres +/- 0.31
• Source of Acreage Seller

Compensation & Misc Info

• Buyer Agency 1%

Details

• Site

  Level, Sidewalks

• Roads

  Paved, Public

• Water Info

  No Water Frontage, No Water View

• Income & Expenses

  Gross Income:0, Operating Expenses:999

• Units

  # of 1 BD Units:0, # of 2 BD Units:1, # of 3 BD Units:1, # of 4+ BD Units:0

• Unit 1

  No Lease, Level:First, No Security Deposit, Monthly Rent:0, # Full Baths:1, # of Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, No Range, No Refrigerator, No Sewer, No Water

• Unit 2

  No Lease, Level:Second, No Security Deposit, Monthly Rent:0, # Full Baths:1, # Half Baths:0, Dedicated Electric Meter, No Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, No Range, No Refrigerator, No Sewer, No Water

• Style

  Other Style

• Construction

  Wood Frame

• Basement

  Full

• Basement Entry

  Interior

• Foundation Materials

  Brick/Mortar, Stone

• Exterior

  Other Exterior

• Roof

  Shingle

• Heat System

  Baseboard, Hot Water

• Heat Fuel

  Oil

• Water Heater

  Electric

• Cooling

  None

• Floors

  Carpet, Laminate, Tile, Vinyl

• Driveway

  Gravel

• Parking

  Off Street

• Vehicle Storage

  No Vehicle Storage

• Electric

  Circuit Breakers

• Utilities

  Utilities On

• Gas

  No Gas

• Sewer

  Public Sewer

• Water

  Public