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
Closed
$1,600,000
70 Main Street, Yarmouth, ME 04096
7beds
7,128sqft
Multi Family
Built in 1900
-- sqft lot
$1,608,500 Zestimate®
$224/sqft
$-- Estimated rent
Home value
$1,608,500
$1.48M - $1.74M
Not available
Zestimate® history
Owner options
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Refinance and save
$8,071/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$8,071/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Century 21 North East
Bought with:
Keller Williams Realty
Source: Maine Listings,MLS#: 1630116
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Baseboard, Radiant
Cooling
- None
Features
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows: Double Pane Windows
- Basement: Exterior Entry,Interior Entry
Interior area
- Total structure area: 7,128
- Total interior livable area: 7,128 sqft
- Finished area above ground: 7,128
- Finished area below ground: 0
Property
Features
- Stories: 2
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 9,147 Square Feet
Details
- Additional structures: Shed(s)
- Parcel number: YMTHM032L004
- Zoning: V2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Generator Hookup
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Yarmouth
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $601,500
- Annual tax amount: $15,441
- Date on market: 7/13/2025
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $1,600,000-10.9%$224/sqft |
Source: | ||
| 7/23/2025 | Pending sale | $1,795,000$252/sqft |
Source: | ||
| 7/13/2025 | Listed for sale | $1,795,000$252/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $15,441 +9.1% | $601,500 |
| 2023 | $14,159 +8.9% | $601,500 |
| 2022 | $13,004 +10.3% | $601,500 |
| 2020 | $11,789 +3.9% | $601,500 |
| 2019 | $11,344 +5.9% | $601,500 |
| 2018 | $10,707 +3.7% | $601,500 |
| 2017 | $10,322 +0.6% | $601,500 |
| 2016 | $10,262 +3.7% | $601,500 +31.1% |
| 2015 | $9,892 -0.2% | $458,800 |
| 2014 | $9,910 -1.8% | $458,800 |
| 2013 | $10,094 +3.8% | $458,800 |
| 2012 | $9,727 +4.5% | $458,800 |
| 2011 | $9,304 +3.8% | $458,800 |
| 2009 | $8,965 +1.9% | $458,800 |
| 2008 | $8,795 +5.8% | $458,800 |
| 2006 | $8,313 | $458,800 |
Find assessor info on the county website
Neighborhood: 04096
Nearby homes
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Nearby schools
GreatSchools rating
- NAWilliam H Rowe SchoolGrades: PK-1Distance: 0.5 mi
- 10/10Frank H Harrison Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10Yarmouth High SchoolGrades: 9-12Distance: 0.7 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,608,500
2% more
+$32,170
With Zillow Showcase(estimated)
$1,640,670
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,608,500
2% more
+$32,170
With Zillow Showcase(estimated)
$1,640,670
- Maine
- Cumberland County
- Yarmouth
- 04096
- 70 Main Street