70 Main Street, Yarmouth, ME 04096
$1,600,000
Property Type:
Multi-Family
Baths:
8
Square Footage:
7,128
Lot Size (sq. ft.):
9,148
Status:
Closed
Current Price:
$1,600,000
List Date:
7/13/2025
Last Modified:
1/28/2026
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
Supplements: ********
More Information MLS# 1630116
Location Information
Book: 32395
Leased Land: No
Page: 79
Map: 32
Lot: 4
Zoning Overlay: Unknown
Association: No
School District: Yarmouth Schools
Tree Growth Y/N: No
Street #: 70
Street Name: Main
Street Type: Street
County: Cumberland
Town: Yarmouth
State/Province: ME
Zip Code: 04096
Zoning: V2
Full Tax Amount $: 15441
Tax Year: 2024
Geo Lat: 43.798073
Geo Lon: -70.181579
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Number of Units: 8
Deed/Conveyance Type Offered: Warranty
2 Detached Houses on 1 Lot: Yes
Lot Size Acres +/-: 0.21
Total Baths: 8
Total Half Baths: 0
Color: White
SqFt Finished Above Grade: 7128
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: No
Garage Spaces: 0
Total Full Baths: 8
Year Built: 1900
SqFt Finished Total: 7128
Source of Acreage: Public Records
Site
Sidewalks: 1
Location
Near Town: 1
Near Turnpike/Interstate: 1
Roads
Other Road: 1
Water Info
Water Frontage: No
Water View: No
Style
Other: 1
Construction
Wood Frame: 1
Other Structures
Shed(s): 1
Basement
Dirt Floor: 1
Slab: 1
Unfinished: 1
View
Trees/Woods: 1
Foundation Materials
Block: 1
Brick/Mortar: 1
Poured Concrete: 1
Slab: 1
Stone: 1
Exterior
Vinyl Siding: 1
Roof
Shingle: 1
Heat System
Baseboard: 1
Radiant: 1
Building Info
# Stories: 2
# Heating Units: 4
# Water Heaters: 3
Heat Fuel
Oil: 1
Income & Expenses
Gross Income: 155520
Operating Expenses: 40288
Cooling
None: 1
Floors
Carpet: 1
Ceramic Tile: 1
Hardwood: 1
Units
# of 1 BD Units: 6
# of 2 BD Units: 2
Parking
11 - 20 Spaces: 1
Unit 1
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1595
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Generator Hookup: 1
Unit 2
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1695
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1595
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
No Gas: 1
Unit 4
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1695
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Sewer
Public Sewer: 1
Unit 5
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1595
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Water
Public: 1
Unit 6
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1595
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1595
# Full Baths: 1
# of Rooms: 4
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1595
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Driveway
Reclaimed: 1
Sold Info
Appraiser Email Address: cplourd@mainevaluation.con
Basement Entry
Exterior Only: 1
Interior: 1
Water Heater
Off Heating System: 1
Window Features
Double Pane Windows: 1
Amenities
Laundry - Coin: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Closed
Original List Price: 1795000
Sold Price: $1,600,000
Current Price: $1,600,000
Status Change Info
Pending Date: 2025-07-21
Closed Date: 2026-01-23
Closed Price: 1600000
Property Features
Site: Sidewalks
Location: Near Town; Near Turnpike/Interstate
Roads: Other Road
View: Trees/Woods
Style: Other
Construction: Wood Frame
Other Structures: Shed(s)
Basement: Dirt Floor; Slab; Unfinished
Basement Entry: Exterior Only; Interior
Foundation Materials: Block; Brick/Mortar; Poured Concrete; Slab; Stone
Exterior: Vinyl Siding
Roof: Shingle
Heat System: Baseboard; Radiant
Heat Fuel: Oil
Water Heater: Off Heating System
Cooling: None
Floors: Carpet; Ceramic Tile; Hardwood
Window Features: Double Pane Windows
Amenities: Laundry - Coin
Driveway: Reclaimed
Parking: 11 - 20 Spaces
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers; Generator Hookup
Gas: No Gas
Sewer: Public Sewer
Water: Public
Documents
Operating Expenses ›
Listing Office:
Century 21 North East
IDX
Last Updated: January - 28 - 2026
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