70 Main ST Open House

Yarmouth,ME 04096

$ 1795000

- Bed

8 Baths

7128 SqFt


OPEN HOUSE

Thu Jul 17, 3:00pm - 6:00pm  Sat Jul 19, 1:30pm - 4:30pm 

Key Details

Property Type Multi-Family

Listing Status Active

Square Footage 7,128 sqft

Price per Sqft $251

MLS Listing ID 1630116

Style Other

Full Baths 8

Year Built 1900

Annual Tax Amount $15,441

Tax Year 2024

Lot Size 9,147 Sqft

Property Description

Exceptional 8-Unit Investment Property in Yarmouth, Maine

Located in the heart of beautiful Yarmouth 70 & 74 Main St are just a short walk to the Royal River Marina, this two-building, 8-unit property presents a rare opportunity in one of Maine's most desirable coastal communities.


Each building features four residential units, including two with spacious private upstairs lofts that offer added living space and strong rental appeal. The property also provides plenty of off-street parking, a valuable convenience for tenants.

Recent improvements include:

A brand-new roof on one building

A partially new roof on the second building

Current rents are well below market value, offering significant upside potential for increased cash flow through rent optimization or unit upgrades.

Whether you're expanding your portfolio or looking for a high-potential income property, this investment checks all the boxes.

All units are currently rented. Photos are pre rental.

Property is owned by selling agent.

Group Showings:
Thursday 7/17/25 3:00 - 6:00 PM

Saturday 7/19/25 1:30 - 4:30 PM

Offers Due Monday 7/21/25 at 5:00PM

Location

State ME

County Cumberland

Zoning V2

Interior

Heating Radiant,Baseboard

Cooling None

Flooring Carpet

Laundry Laundry - Coin

Exterior

Parking Features 11 - 20 Spaces,Reclaimed

View Y/N Yes

View Trees/Woods

Roof Type Shingle

Building

Lot Description Sidewalks,Near Turnpike/Interstate,Near Town

Story 2

Foundation Block,Stone,Concrete Perimeter,Slab,Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

Schools

School District Yarmouth Schools

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