Offered as a fully operational, turnkey hospitality property, Jeremiah Mason House Bed and Breakfast remains open, actively welcoming guests, and accepting future reservations throughout the sale process.
Exceptional income producing property offering multiple revenue streams and outstanding flexibility in York County, Maine. The Jeremiah Mason House is an unique investment opportunity that includes a historic 10-bedroom main residence along with a carriage house converted into three rental units, creating a rare opportunity for investors or owner-occupants seeking both income and long term upside.
The carriage house provides diversified rental income, while the expansive main home offers additional opportunities for owner occupancy, expanded lodging, or other residential income uses, subject to needs and applicable approvals.
Situated on a beautifully maintained lot with generous outdoor space, mature landscaping, and a charming chicken and duck coop, the property offers amenities that enhance both guest and tenant appeal.
Conveniently located approximately 40 minutes from the Maine coast and Portsmouth, New Hampshire, and under and hour to Portland this property benefits from strong regional tourism while also serving long-term housing and rental demand.
Whether you're looking to expand your investment portfolio, offset owner occupancy costs with rental income, or maximize the property's existing revenue potential, this is a rare opportunity to acquire a well established, income producing asset with significant room for future growth.
Active
$750,000
40 Main Street, Limerick, ME 04048
14beds
3,770sqft
Multi Family
Built in 1859
-- sqft lot
$733,700 Zestimate®
$199/sqft
$-- HOA
What's special
Mature landscapingBeautifully maintained lotGenerous outdoor space
- 14 days |
- 563 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1674467
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 15
- Full bathrooms: 11
Heating
- Direct Vent Heater, Forced Air, Zoned
Cooling
- Heat Pump, Window Unit(s)
Features
- 1st Floor Bedroom, Bathtub, In-Law Floorplan, Pantry, Primary Bedroom w/Bath
- Flooring: Carpet, Vinyl, Wood
- Basement: Bulkhead,Interior Entry,Walk-Out Access,Full,Unfinished
Interior area
- Total structure area: 3,770
- Total interior livable area: 3,770 sqft
- Finished area above ground: 3,410
- Finished area below ground: 360
Property
Parking
- Parking features: Paved, 11 - 20 Spaces, Off Street
Accessibility
- Accessibility features: 32 - 36 Inch Doors
Features
- Stories: 3
- Patio & porch: Deck, Porch
Lot
- Size: 1.2 Acres
- Features: Business District, City Lot, Level, Sidewalks
Details
- Parcel number: LIMEM22L69
- Zoning: B
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Greek Revival
- Property subtype: Multi Family
Materials
- Masonry, Wood Frame, Brick, Clapboard
- Foundation: Granite, Brick/Mortar
- Roof: Metal,Shingle,Slate
Condition
- Year built: 1859
Utilities & green energy
- Electric: Circuit Breakers, Generator Hookup
- Sewer: Public Sewer
- Water: Public, Well
Community & HOA
Location
- Region: Limerick
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $675,536
- Annual tax amount: $6,418
- Date on market: 8/2/2026
- Exclusions: list can be provided
Estimated market value
Zestimate®
$733,700
Estimated sales range
$697,000 - $770,000
Rent Zestimate®
$2,214/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2026 | Listed for sale | $750,000+100%$199/sqft |
Source: | ||
| 3/11/2026 | Listing removed | $1,285 |
Source: Zillow Rentals Report a problem | ||
| 3/3/2026 | Price change | $1,285-3% |
Source: Zillow Rentals Report a problem | ||
| 2/4/2026 | Price change | $1,325-8.6% |
Source: Zillow Rentals Report a problem | ||
| 1/25/2026 | Listed for rent | $1,450+9.4% |
Source: Zillow Rentals Report a problem | ||
| 12/7/2025 | Listing removed | $1,325 |
Source: Zillow Rentals Report a problem | ||
| 11/23/2025 | Price change | $1,325-1.9% |
Source: Zillow Rentals Report a problem | ||
| 11/11/2025 | Price change | $1,350-3.2% |
Source: Zillow Rentals Report a problem | ||
| 10/10/2025 | Price change | $1,395-3.8% |
Source: Zillow Rentals Report a problem | ||
| 10/7/2025 | Listed for rent | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 7/23/2025 | Listing removed | $1,450 |
Source: Zillow Rentals Report a problem | ||
| 7/10/2025 | Price change | $1,450-3% |
Source: Zillow Rentals Report a problem | ||
| 7/6/2025 | Price change | $1,495-3.5% |
Source: Zillow Rentals Report a problem | ||
| 6/17/2025 | Listed for rent | $1,550+10.7% |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 7/28/2024 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 10/3/2019 | Sold | $375,000-2.6%$99/sqft |
Source: | ||
| 8/26/2019 | Pending sale | $385,000$102/sqft |
Source: Coldwell Banker Residential Brokerage - Saco #1354372 Report a problem | ||
| 8/20/2019 | Listed for sale | $385,000$102/sqft |
Source: Coldwell Banker Residential Brokerage - Saco #1354372 Report a problem | ||
| 8/12/2019 | Pending sale | $385,000$102/sqft |
Source: Coldwell Banker Residential Brokerage - Saco #1354372 Report a problem | ||
| 8/12/2019 | Listed for sale | $385,000$102/sqft |
Source: Coldwell Banker Residential Brokerage #1354376 Report a problem | ||
| 8/12/2019 | Pending sale | $385,000$102/sqft |
Source: Coldwell Banker Residential Brokerage - Saco #1354372 Report a problem | ||
| 8/9/2019 | Listed for sale | $385,000$102/sqft |
Source: Coldwell Banker Residential Brokerage - Saco #1354372 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,418 -1.4% | $675,536 +57.8% |
| 2023 | $6,506 +7% | $427,995 |
| 2022 | $6,078 +6.9% | $427,995 +25% |
| 2021 | $5,684 | $342,396 |
| 2020 | $5,684 -1.5% | $342,396 -6.5% |
| 2019 | $5,768 +43.3% | $366,229 +47% |
| 2018 | $4,024 +2.5% | $249,173 |
| 2017 | $3,924 +4.6% | $249,173 |
| 2016 | $3,750 +3.1% | $249,173 |
| 2015 | $3,638 +3.2% | $249,173 |
| 2014 | $3,526 -0.6% | $249,173 -15.3% |
| 2013 | $3,549 +2.3% | $294,072 |
| 2012 | $3,470 +1.7% | $294,072 |
| 2011 | $3,411 | $294,072 +0% |
| 2009 | -- | $294,070 |
| 2008 | -- | $294,070 +76.7% |
| 2005 | -- | $166,380 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 04048
Nearby schools
GreatSchools rating
- 5/10Line Elementary SchoolGrades: PK-5Distance: 3.2 mi
- 6/10Massabesic Middle SchoolGrades: 6-8Distance: 8.7 mi
- 4/10Massabesic High SchoolGrades: 9-12Distance: 10.9 mi
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