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  • $975,000

    366 Main Street, Yarmouth, ME 04096

    7beds
    3,958sqft
    Multi Family
    Built in 1945
    -- sqft lot
    $1,081,500 Zestimate®
    $246/sqft
    $2,955 Estimated rent

    Home value

    $1,081,500

    $995,000 - $1.18M

    $2,955/mo

    Zestimate® history
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    $6,046/mo

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    What's special

    Prime Location in Downtown Yarmouth, on the corner of Main Street and West Elm, across from Dandy's Handy Store. This 4-unit offers THREE 2-bedroom units and ONE 1-bedroom unit, a large basement for storage and utilities, and off street parking on 3 sides of the building for all the tenants. Every unit has a washer/dryer hookup. Tenants are all month-to-month and the seller has never had any difficulty filling vacancies when they do come up. Unit 3 was renovated a couple of years ago, including new windows and flooring. Tenants pay their own electric, cable, internet, trash and snow removal and the landlord pays for oil, water, sewer and does the minimal amount of mowing needed. Maximize your investment by taking advantage of current market rents, or maybe install 4 separate heating systems and turn that expense over to the tenants. Or simply let it cash flow as-is. Please provide proof of funds or a pre-approval letter from a lender prior to requesting a showing. Seller Concessions Available with the right offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty info@MaineDreamProperties.com

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1605467MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • 1st Floor Bedroom, One-Floor Living, Storage
    • Flooring: Carpet, Tile, Vinyl, Wood
    • Doors: Storm Door(s)
    • Basement: Interior Entry,Crawl Space,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,958
    • Total interior livable area: 3,958 sqft
    • Finished area above ground: 3,958
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, 5 - 10 Spaces, Off Street
    Features
    • Stories: 1
    Lot
    • Size: 7,405 sqft
    • Features: City Lot, Corner Lot, Level, Sidewalks
    Details
    • Parcel number: YMTHM041L024
    • Zoning: CD-4 Village Ctr
    • Other equipment: Cable

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Shingle Siding
    • Foundation: Block
    • Roof: Flat,Membrane
    Condition
    • Year built: 1945

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Yarmouth

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/3/2025Listing removed$1,950
    Source: Zillow Rentals Report a problem
    12/21/2024Listed for rent$1,950
    Source: Zillow Rentals Report a problem
    11/14/2024Sold$975,000$246/sqft
    Source: Maine Listings #1605467 Report a problem
    10/10/2024Pending sale$975,000$246/sqft
    Source: Maine Listings #1605467 Report a problem
    10/1/2024Listed for sale$975,000$246/sqft
    Source: Maine Listings #1605467 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,826 +9%$382,800
    2023$9,011 +8.9%$382,800
    2022$8,276 +10.3%$382,800
    2020$7,503 +0%$382,800
    2019$7,503 +10.1%$382,800
    2018$6,814 +3.7%$382,800
    2017$6,569 +0.6%$382,800
    2016$6,531 +55.2%$382,800 +96.1%
    2015$4,209 -0.2%$195,200
    2014$4,216 $195,200

    Find assessor info on the county website

    Neighborhood: 04096

    Nearby schools

    GreatSchools rating
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    $1,081,500
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    +$21,630
    With Zillow Showcase(estimated)
    $1,103,130