$1,795,000

70 Main St Yarmouth, ME 04096

Estimated payment $11,200/month

-- Bed
8 Baths
7,128 Sq Ft
$252 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • View of Trees or Woods
  • Double Pane Windows
  • William H. Rowe School Rated A-
  • No HOA
  • 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

Listing Agent

Paul Goldstein

Century 21 North East Listed on: 07/13/2025

Century 21 North East

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
  • Carpet
  • Views of Woods

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,441

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 7128.0
  • Architectural Style: Other
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 7128.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 8
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Radiant: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 155520.0
  • Income Expenses Operating Expenses: 40288.0
  • Foundation Materials:Block3: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • View:TreesWoods: Yes
  • Electric:Generator Hookup: Yes
  • Basement Entry:Exterior Only: Yes
  • Driveway:Reclaimed: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Other Structures:Shed(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior, Dirt Floor, Exterior Only, Unfinished
  • Full Bathrooms: 8
  • Flooring: Carpet
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Sidewalks, Near Turnpike/Interstate, Near Town
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Stone, Concrete Perimeter, Slab, Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Shingle
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Reclaimed

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Yarmouth Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: YMTH-000032-000000-000004
  • Zoning: V2

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 155520.0
  • Annual Operating Expense: 40288.0

Tax Info

  • Tax Annual Amount: 15441.0
  • Tax Book Number: 32395
  • Tax Lot: 4
  • Tax Map Number: 32
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

Source: Maine Listings

MLS Number: 1630116

Maine Listings

Maine Cumberland County Yarmouth 04096

70 Main St, Yarmouth, ME

This home is located at 70 Main St, Yarmouth, ME 04096 and is currently priced at $1,795,000, approximately $251 per square foot. This property was built in 1900. 70 Main St is a home located in Cumberland County with nearby schools including William H. Rowe School, Yarmouth Elementary School, and Frank H. Harrison Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings 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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Nearby Homes
Listing Agent
Paul Goldstein
Section Image
Century 21 North East
(207) 337-9698