70 Main Street, Yarmouth, ME 04096 (MLS# 1630116)

70 Main Street, Yarmouth, ME 04096

$1,795,000
Property Type: Multi-Family Baths: 8 Square Footage: 7,128 Lot Size (sq. ft.): 9,148 Status: Pending
Current Price: $1,795,000 List Date: 7/13/2025 Last Modified: 9/26/2025

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

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 Geo Lat: 43.798073 Geo Lon: -70.181579

Contract Information

Status: Pending Original List Price: 1795000 List Price: $1,795,000 Current Price: $1,795,000

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

Status Change Info

Pending Date: 2025-07-21

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 2 # Heating Units: 4 # Water Heaters: 3

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: 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 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

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 Water: Yes

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

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

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
Listing Office: Century 21 North East
Last Updated: September - 26 - 2025
70 Main Street, Yarmouth, ME 04096- MLS# 1630116
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