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

Overview

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. Pro ...

Listing Details MLS# 1630116

Location Information

Street #
70
Street Name
Main
Street Type
Street
County
Cumberland
Town
Yarmouth
State/Province
ME
Zip Code
04096
Leased Land
No
Book
32395
Page
79
Map
32
Lot
4
Zoning
V2
Zoning Overlay
Unknown
Association
No
School District
Yarmouth Schools
Full Tax Amount $
15441
Tax Year
2024
Tree Growth Y/N
No

Contract Information

Original List Price
1795000

Property Information

Surveyed
Unknown
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Warranty
2 Detached Houses on 1 Lot
Yes
Number of Units
8
Total Baths
8
Total Full Baths
8
Color
White
Year Built
1900
SqFt Finished Above Grade
7128
SqFt Finished Total
7128
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.21
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0
Garage Spaces
0

Status Change Info

Pending Date
2025-07-21
Closed Date
2026-01-23
Closed Price
1600000

Water Info

Water Frontage
No
Water View
No

Building Info

# Stories
2
# Heating Units
4
# Water Heaters
3

More Information

Units

# of 1 BD Units
6
# of 2 BD Units
2

Unit 1

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1595
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
Yes
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 2

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
1695
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
Yes
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
Yes
# of Rooms
4
# of Bedrooms
Yes
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 4

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1695
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes
Sewer
Yes

Unit 5

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
1595
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
Yes
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 6

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
1595
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
Yes
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
Yes
# 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
Yes
# of Rooms
4
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Sold Info

Appraiser Email Address
cplourd@mainevaluation.con

Site

Sidewalks
Yes

Location

Near Town
Yes
Near Turnpike/Interstate
Yes

Roads

Other Road
Yes

Style

Other
Yes

Construction

Wood Frame
Yes

Other Structures

Shed(s)
Yes

Basement

Dirt Floor
Yes
Slab
Yes
Unfinished
Yes

View

Trees/Woods
Yes

Foundation Materials

Block
Yes
Brick/Mortar
Yes
Poured Concrete
Yes
Slab
Yes
Stone
Yes

Exterior

Vinyl Siding
Yes

Roof

Shingle
Yes

Heat System

Baseboard
Yes
Radiant
Yes

Heat Fuel

Oil
Yes

Income & Expenses

Gross Income
155520
Operating Expenses
40288

Cooling

None
Yes

Floors

Carpet
Yes
Ceramic Tile
Yes
Hardwood
Yes

Parking

11 - 20 Spaces
Yes

Electric

Circuit Breakers
Yes
Generator Hookup
Yes

Gas

No Gas
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Reclaimed
Yes

Basement Entry

Exterior Only
Yes
Interior
Yes

Water Heater

Off Heating System
Yes

Window Features

Double Pane Windows
Yes

Amenities

Laundry - Coin
Yes

Vehicle Storage

No Vehicle Storage
Yes

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
IDX
Listing Office: Century 21 North East
Selling Office: Keller Williams Realty
Last Updated: January - 28 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.