Closed

$495,000

42 Market Street, North Berwick, ME 03906

2beds

3,120sqft

Multi Family

Built in 1900

-- sqft lot

$493,400 Zestimate^®

$159/sqft

$2,040 Estimated rent

Home value

$493,400

$444,000 - $548,000

$2,040/mo

Zestimate^® history

Owner options

List your home for rent

$2,040/mo

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$2,040/mo

Rent Zestimate^®

Refinance and save

$2,452/mo

Est. payment

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$2,452/mo

Est. payment

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What's special

Two residential unitsVersatile retail space

42 Market St North Berwick presents a renovated mixed-use property offering strong investment potential. Featuring two residential units and one versatile retail space, this building was updated in 2025 and is delivered completely vacant—ready for new tenants occupancy. Prime downtown location with excellent visibility and walkability. A turnkey opportunity to generate income in a growing community. Don't miss this move-in ready, income-producing property!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Baseboard, Other

Cooling

None

Features

Flooring: Carpet, Vinyl
Basement: Exterior Entry,Full

Interior area

Total structure area: 3,120
Total interior livable area: 3,120 sqft
Finished area above ground: 3,120
Finished area below ground: 0

Property

Parking

Parking features: No Driveway, 5 - 10 Spaces

Features

Levels: Multi/Split

Lot

Size: 2,613 Square Feet
Features: Business District, City Lot, Near Shopping, Neighborhood, Corner Lot, Level, Sidewalks

Details

Parcel number: NBERM018L027S1
Zoning: Industrial

Construction

Type & style

Home type: MultiFamily
Architectural style: New Englander
Property subtype: Multi Family

Materials

Wood Frame, Wood Siding
Foundation: Brick/Mortar
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: North Berwick

Financial & listing details

Price per square foot: $159/sqft
Tax assessed value: $336,100
Annual tax amount: $3,361
Date on market: 9/11/2025
Road surface type: Paved

Price history

Date	Event	Price
11/6/2025	Pending sale	$495,000$159/sqft
Source: Maine Listings #1637341 Report a problem
11/5/2025	Sold	$495,000$159/sqft
Source: Maine Listings #1637341 Report a problem
9/22/2025	Contingent	$495,000$159/sqft
Source: Maine Listings #1637341 Report a problem
9/11/2025	Listed for sale	$495,000+221.4%$159/sqft
Source: Maine Listings #1637341 Report a problem
1/8/2021	Sold	$154,000-3.8%$49/sqft
Source: Maine Listings #1478031 Report a problem
12/17/2020	Pending sale	$160,000$51/sqft
Source: Portside Real Estate Group #1478031 Report a problem
12/11/2020	Listed for sale	$160,000$51/sqft
Source: Portside Real Estate Group #1478031 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,361 +7.6%	$336,100 +15.7%
2023	$3,124 +5.5%	$290,600 +9.5%
2022	$2,960 +67.7%	$265,500 +64%
2021	$1,765 -26.1%	$161,900 -19.3%
2020	$2,387 +0.7%	$200,600 +4.5%
2019	$2,371 +1.4%	$192,000 +5.9%
2018	$2,339 +2.4%	$181,300
2017	$2,284	$181,300
2016	$2,284	$181,300
2015	$2,284 +1.2%	$181,300
2013	$2,257	$181,300
2012	$2,257	$181,300