40 Main Street, Limerick, ME 04048
Local realty services provided by:CENTURY 21 Barbara Patterson
40 Main Street,Limerick, ME 04048
$750,000
- - Beds
- 15 Baths
- 3,770 sq. ft.
- Multi-family
- Active
Office: portside real estate group
MLS#:1674467
Source:ME_MREIS
Price summary
- Price:$750,000
- Price per sq. ft.:$198.94
About this home
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 property currently generates approximately $138,000 in annual gross revenue through its existing mix of hospitality and rental operations. 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....
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Home facts
- Year built:1859
- Listing ID #:1674467
- Updated:August 03, 2026 at 01:10 AM
Rooms and interior
- Total bathrooms:15
- Full bathrooms:11
- Flooring:Carpet, Vinyl, Wood
- Bathrooms Description:Bathtub
- Kitchen Description:Pantry
- Bedroom Description:1st Floor Bedroom, Primary Bedroom w/Bath
- Basement Description:Bulkhead, Full, Interior Entry, Unfinished, Walk-Out Access
- Living area:3,770 sq. ft.
Heating and cooling
- Cooling:Window Unit (s)
- Heating:Direct Vent Heater, Forced Air, Heating, K-1/Kerosene, Oil, Propane, Wood, Zoned
Structure and exterior
- Roof:Metal, Shingle, Slate
- Year built:1859
- Building area:3,770 sq. ft.
- Lot area:1.2 Acres
- Lot Features:Business District, Intown, Level, Sidewalks
- Architectural Style:Greek Revival
- Construction Materials:Brick, Clapboard, Masonry, Wood Frame
- Exterior Features:Deck, Porch
- Foundation Description:Brick/Mortar, Granite
Utilities
- Water:Public, Well
- Sewer:Public Sewer
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$198.94
- Tax amount:$6,418 (2025)
Features and amenities
- Laundry features:Main Level
- Amenities:In-Law Floorplan, One-Floor Living
Parking
- Parking description:11 - 20 Spaces, Off street, Paved
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