Contract Signed
8,168 sqft
39 Old Rte 4, Berwick, ME 03901
Est: $9,621/moGet pre-approved
Multi FamilyProperty Type
25.71 acresLot Size
1890Year Built
$195/sq ftPrice per sq ft

Description

A rare investment opportunity, this generational property is as thoughtfully designed as it is full of potential. Consisting of three distinct properties -- an 8-unit multifamily, a duplex, and a single-family home -- this is a versatile and income-generating asset unlike anything else on the market. The property has been well-planned from the ground up, with separate utilities, two wells, and a dedicated pump house ensuring efficient and reliable operations across all three buildings. A brand new...A rare investment opportunity, this generational property is as thoughtfully designed as it is full of potential. Consisting of three distinct properties -- an 8-unit multifamily, a duplex, and a single-family home -- this is a versatile and income-generating asset unlike anything else on the market. The property has been well-planned from the ground up, with separate utilities, two wells, and a dedicated pump house ensuring efficient and reliable operations across all three buildings. A brand new septic system for the 8-unit provides peace of mind and long-term value. Coin-op laundry, dedicated storage, and ample parking round out the amenities, adding convenience for tenants and ease of management for ownership. Set against 25 acres of beautiful pastoral land, this property strikes a rare balance between rural serenity and smart investment. Nestled in Berwick with easy access to southern Maine, the highway, and New Hampshire, the location is as practical as it is peaceful, ensuring it is well-positioned to attract and retain quality tenants for years to come. Whether you're looking to expand your portfolio, secure a long-term income stream, or plant roots in something truly special, this is a generational holding that doesn't come along often. Don't let it pass you by. Group showings Tuesday 7/21 10a.
9 days on Market
  • Listed by: Kaili Moore 207.252.4161 kaili@portsidereg.com • Portside Real Estate Group
Last updated: 08/19/2026 06:57 PM • Source: Maine Listings, MLS#: 1671517

Location

Listing Courtesy of Portside Real Estate Group
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Payment Calculator

$9,621 per month

30 year fixed, 6.71% Interest

Principal and Interest

$8,242

Property Taxes

$1,379

HOA Dues

$0

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Property Information for 39 Old Rte 4

Property Details
  • Taxes: $16,550 / year
  • MLS Type: Multi-Family
  • County: York County
  • Architectural Style: Other
  • Has Waterfront: No
  • Zoning: R3 & RCi
Building Information
  • Residences: 11
  • Year Built: 1890
  • Lot Size: 25.71 AC / 1,119,927 SF
Summary
Location and General Information
  • Water View: No
  • Page: 681
  • Directions: From N Berwick Road, turn onto Elm Street. Turn onto Old Rte 4, take a left. Property is 0.5 miles on the right with sign that says ''Homestead Apartments''.
  • Latitude: 43.265514
  • Longitude: -$70.78
Taxes and HOA
  • Association: No
  • Tax Lot: 3
  • Tax Book Number: 19809
  • Tax Map Number: 071
  • Tax Year: 2026
  • Tax Annual Amount: $16,550.37
Parking
  • Parking Features: Paved, 11 - 20 Spaces, On Site, Off Street, Carport
  • Vehicle Storage: 4+ Car, Carport
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Near Turnpike/Interstate, Near Town, Rural, Level, Open Lot, Pasture, Rolling Slope
  • Lot Size Acres: 25.71
  • Lot Size Area: 25.71
  • Lot Size Source: Survey
  • Lot Size Square Feet: 1119927.6
  • Lot Size Units: Acres
  • Roads: Public
  • SqFt Source: Public Records
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 8168.0
  • Building Area Total: 8168.0
  • Property Type: Multi-Family
  • Surveyed: Yes
  • Year Built: 1890
Building Features
  • Foundation Details: Other
  • Construction Materials: Wood Frame
Financial Information
  • List Price/SqFt: $195.27
Utilities
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Private Sewer
  • Water Source: Private
  • Water Heater: Other Water Heater
Interior and Exterior Features
Exterior Features
  • Roof: Other
Interior Features
  • Bathrooms Full: 11
  • Bathrooms Total Decimal: 11.0
  • Bathrooms Total Integer: 12
  • Basement: Interior Entry, Unfinished
  • Has Cooling: No
  • Heating: Electric, Oil, Baseboard
  • Has Heating: Yes
  • Flooring: Other
Multi Family
Multi Family Information
  • # of 1 BD Units: 3
  • # of 2 BD Units: 7
  • # of 4+ BD Units: 1
  • Number Of Units Total: 11
Income & Expenses
  • Gross Income: $160,428.00
  • Operating Expense: $47,051.00
Unit Information
Unit 1
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,025.00
  • Beds Total: 2
  • Key: a239a24196d57626794ba18d555c4765
  • Rooms Total: 4
Unit 2
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,250.00
  • Beds Total: 2
  • Key: cd3266137e5116c1b40ca72bd719af06
  • Rooms Total: 4
Unit 3
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,025.00
  • Beds Total: 2
  • Key: e451f90496fdf4a907e45f3cf6e141d7
  • Rooms Total: 4
Unit 4
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $825.00
  • Beds Total: 1
  • Key: e6b3eafd569a80c2c288b4c28c478b95
  • Rooms Total: 3
Unit 5
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,050.00
  • Beds Total: 2
  • Key: f35e8cd1b124eb627db6297db356b421
  • Rooms Total: 4
Unit 6
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,299.00
  • Beds Total: 1
  • Key: fe1070e3caf6e780d96e3451be64895b
  • Rooms Total: 3
Unit 7
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,025.00
  • Beds Total: 2
  • Key: 38304369a914325890ea5a528aa08dd2
  • Rooms Total: 4
Unit 8
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,025.00
  • Beds Total: 2
  • Key: 432e72dfd0e28668c8ac6289a5b80978
  • Rooms Total: 4
Unit 9
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: Second
  • Security Deposit: Yes
  • Actual Rent: $1,000.00
  • Beds Total: 2
  • Key: 22672dfee9313ad7bb38d21685cc80dd
  • Rooms Total: 5
Unit 10
  • Num Full Baths: 1
  • Num Half Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $2,800.00
  • Beds Total: 4
  • Key: 22c1d19701bb773a10c3d8aa773a28cb
  • Rooms Total: 6
Unit 11
  • Num Full Baths: 1
  • Dedicated Electric Meter: Yes
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: Yes
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: No
  • Range: Yes
  • Lease: Yes
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $875.00
  • Beds Total: 1
  • Key: 7bf703e322e4ab9c21d77d60c6886d69
  • Rooms Total: 3
Rental
Rent Information
  • Land Lease: No

Property History for 39 Old Rte 4

DateEvent & SourcePriceAppreciation
Jul 24, 2026

Pending

Maine Listings #1671517

Jul 13, 2026

Listed (Active)

Maine Listings #1671517

$1,595,000
DateEvent & SourcePrice
07/24/2026

Pending

Maine Listings #1671517

07/13/2026

Listed (Active)

Maine Listings #1671517

$1,595,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 39 Old Rte 4

Taxable ValueLand$326,100Additions$943,100Total$1,269,200
Tax Record2025$16,550 ($1,379 / month)
Home Facts
Total Finished SqFt1,444 SqFtAbove Grade Finished SqFt1,444 SqFtLot Size2,471,159 SqFtStyleMulti-Family Dwelling (2-4)Year Built1890Year Renovated1890ZoningR3&RCICountyYORKAPNBERW M:R071 B:3

Schools near 39 Old Rte 4

This home is within Regional School Unit 60 Msad 60.
Rating
School
Type
Grades
Distance
Public - 4 to 5
Public - 8 to 12
Public - 6 to 7
Public - K to 3
Rating
School
Distance
Eric L Knowlton School
Public4 to 5

Noble High School
Public8 to 12

Noble Middle School
Public6 to 7

Vivian E Hussey School
PublicK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Portside Real Estate Group

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.