40 Main ST, Limerick, ME 04048
40 Main ST, Limerick, ME 04048
40 Main ST, Limerick, ME 04048
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Listed by Alexcia Smith Portside Real Estate Group
$750,000
Est. payment /mo
15 Baths
3,770 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,770 sqft

Price per Sqft $198

MLS Listing ID 1674467

Style Post & Beam

Full Baths 11

HOA Y/N No

Year Built 1859

Tax Year 2025

Lot Size 1.200 Acres

Acres 1.2

Source Maine Listings

Land Area 3770

Property Description

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.

Location

State ME

County York

Zoning B

Direction 202W to Main St, GPS

Rooms

Basement Bulkhead, Interior Entry, Walk-Out Access, Full, Unfinished

Interior

Interior Features 1st Floor Bedroom, Bathtub, In-Law Floorplan, Pantry, Primary Bedroom w/Bath

Heating K-1/Kerosene, Oil, Propane, Wood, Direct Vent Heater, Forced Air, Zoned

Cooling Heat Pump, Window Unit(s)

Flooring Carpet, Vinyl, Wood

Laundry Main Level

Exterior

Parking Features Paved, 11 - 20 Spaces, Off Street

Roof Type Metal,Shingle,Slate

Accessibility 32 - 36 Inch Doors, Accessible Approach with Ramp

Porch Deck, Porch

Garage No

Exclusions list can be provided

Building

Lot Description Business District, Intown, Level, Sidewalks

Story 3

Foundation Granite, Brick/Mortar

Water Public, Well

Architectural Style Greek Revival

Others

Tax ID LIME-000022-000000-000069


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Maine MLS (MREIS) IDX

Nearby School & Business

Monet Yarnell

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