Closed

366 Main Street

Yarmouth ME, 04096

$975,000


Closed

4 Baths

3,958 sqft

Multi-family

Built in 1945

Courtesy of Keller Williams Realty

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.

1605467

MLS ID

October 1, 2024

Listed

November 14, 2024

Updated

Map

366 Main Street
Yarmouth ME, 04096

Interior Features

Total Stories

1


Total Bathrooms

4


Full Bathrooms

4


Interior Features

1st Floor Bedroom, One-Floor Living, Storage


Laundry Description

Laundry - 1st Floor, Main Level, Washer Hookup


Floor Description

Wood, Vinyl, Tile, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Corner Lot, Level, Sidewalks, Intown, Near Public Transit


Architectual Style

Ranch


Roof

Flat, Membrane


Sewer

Public Sewer

School Information

School District

Yarmouth Schools

Other Property Details

Taxes

$9,011


Tax Frequency

Annually


Garage

No


Parking

5 - 10 Spaces, Paved, Off Street


View

No


County

Cumberland


Water Source

Public


Pool

No


Zoning

CD-4 Village Ctr

Listing History

Date

Event

Price

11/14/2024

Sold

$975,000

10/10/2024

Pending

Listing Contact: [email protected]

Bought with Keller Williams Realty and Listed by Keller Williams Realty

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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Dambrie Garon Real Estate Advisors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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