70 Main St Yarmouth, ME 04096
Estimated payment $11,048/month
Highlights
- Additional Residence on Property
- View of Trees or Woods
- No HOA
- William H. Rowe School Rated A-
- Wood Flooring
- 4-minute walk to Grist Mill Park
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,441
Year Built
- Built in 1900
Parking
- Driveway
Home Design
- Brick Foundation
- Concrete Foundation
- Block Foundation
- Stone Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 8 Full Bathrooms
- 7,128 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Views of Woods
Flooring
- Wood
- Carpet
- Ceramic Tile
Unfinished Basement
- Interior and Exterior Basement Entry
- Dirt Floor
Utilities
- No Cooling
- Heating System Uses Oil
- Radiant Heating System
- Baseboard Heating
- Generator Hookup
- Natural Gas Not Available
Additional Features
- Shed
- 9,148 Sq Ft Lot
- Additional Residence on Property
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number YMTH-000032-000000-000004
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Coin Laundry
Building Details
- Operating Expense $40,288
- Gross Income $155,520
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 07/13/2025 07/13/25 | For Sale | $1,795,000 | 0.0% | $252 / Sq Ft |
| 07/11/2025 07/11/25 | Off Market | $1,795,000 | -- | -- |
Source: Maine Listings
MLS Number: 1630116
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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