70 Main Street

Yarmouth, ME 04096
Baths
8
Square Ft.
7,128
$1,795,000
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 7/21/25Read MoreRead Less
Market LogoCourtesy of Century 21 North East 207-651-0836
Listing Snapshot
Days Online
77
Last Updated
Full Baths
8
Square Ft.
7,128
Lot Size
0.21 Acres
Year Built
1900
MLS Number
1630116
Additional Details
Basement
Basement: "Interior", "Dirt Floor", "Exterior Only", "Unfinished"
Building
Architectural Style: "Other", Building Area Total: 7,128, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 8, Year Built: 1900, 2 stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $40,288
Floors
Flooring: "Carpet"
Foundation
Foundation Details: "Block", "Stone", "Concrete Perimeter", "Slab", "Brick/Mortar"
Heating
Heating: "Radiant", "Baseboard", Heating Included
Income
Gross Income: $155,520
Laundry
Features: "Laundry - Coin"
Lot
Features: "Sidewalks", "Near Turnpike/Interstate", "Near Town", 0.21 acres, Area: 0.21, 9,148 square feet
Parking
Features: "11 - 20 Spaces", "Reclaimed"
Property
Other Structures: "Shed(s)", Parcel Number: YMTH-000032-000000-000004, View: "Trees/Woods", Zoning: V2
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $15,441, Tax Lot: 4
Utilities
Electric: "Generator Hookup", "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
$0
30 Days Snapshot Of 04096
$684k
-24%
(avg) sold price
7
-22%
homes sold
14
0%
(avg) days on market
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Fred Andrews
Designated Broker | CEO
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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.