Triplex with In-Ground
27 Bayview Street, Yarmouth, ME 04096
New
MULTI_FAMILY - Other - Yarmouth, ME
Property size:
2,857 SFLot size:
0.61 AcresPrice / SF:
$297/SF- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 27 Bayview Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MDR
- Bathrooms
- 3
- Rooms
- Bathroom 3, Basement, Bathroom 1, Bathroom 2
- Parking features
- Off Street
- Patio and Porch features
- Deck
- Interior features
- 1st Floor Bedroom, Bathtub, Storage
- Fencing
- Fenced
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 2,857 SF
- Lot size
- 0.61 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11320
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Hot Water(Heating), Baseboard, Electric (Heating), Oil
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Hardwood, Tile, Laminate
- Building materials
- Wood Frame, Clapboard, Vinyl Siding
- Roof type
- Membrane, Shingle, Rolled Hot Mop
- Architectural style
- Other
- Additional Structures
- Storage, Outbuilding
Listing agent Carrie Logan (207) 615-7054
Listing office Vitalius Real Estate Group, LLC 306 Congress Street, Suite 3, Portland, ME (207) 541-3755
Listing date Jun 26, 2026
MLS# 1668406
Listing URL
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Yarmouth 3‑unit multi‑family with 2BR/1BA, 1BR/1BA, and 2BR/1BA unit configurations
- Delivered vacant for the next owner, with flexibility to move in, set rental rates, update finishes, or reconfigure
- Large corner lot with two wide driveways, expansive backyard, in‑ground pool, fenced yard, and deck
- Unit features include 1st floor bedroom option, hardwood/laminate/tile/carpet flooring, storage, and bathtubs
- Utilities/services: public water and public sewer; heating includes electric, hot water, baseboard, oil, and other heating
- Roof system includes shingle plus membrane and rolled hot mop; parking available off street
Overview
This 3-unit triplex is set up for flexible owner control, delivered vacant for a new buyer. The exterior includes a large corner lot with two wide driveways, an expansive backyard, an in-ground pool, a one-bay garage, and a shed. Interior spaces are arranged as three distinct units with different configurations. Unit 1 (first floor right) is a 2BR/1BA with finished flooring, a large living room, and a sliding door opening to the pool deck. Unit 2 (second floor right) is a refreshed 1BR/1BA apartment with a rustic-industrial aesthetic. Unit 3 (left side, portions of the first and second floors) is a 2BR/1BA with an eat-in kitchen, a sunken-level bedroom, an upper-level living room and second bedroom, and a small private porch.
Located at 27 Bayview Street in Yarmouth, the property is described as conveniently near Yarmouth Village, shopping, and services. The remarks also note easy access to I-295 and approximately 15 minutes from Portland. Zoning is listed as MDR.
For buyers or operators, the unit-by-unit mix of layouts can support a range of leasing or personal-use strategies after renovations or updates. The seller’s remarks state the property is free of Portland’s restrictive rent control, providing flexibility for setting rental terms under the terms described in the listing.
Located at 27 Bayview Street in Yarmouth, the property is described as conveniently near Yarmouth Village, shopping, and services. The remarks also note easy access to I-295 and approximately 15 minutes from Portland. Zoning is listed as MDR.
For buyers or operators, the unit-by-unit mix of layouts can support a range of leasing or personal-use strategies after renovations or updates. The seller’s remarks state the property is free of Portland’s restrictive rent control, providing flexibility for setting rental terms under the terms described in the listing.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.1k | $27.00 |
| − Vacancy | −$5.0k | −$1.76 |
| EGI | $72.1k | $25.25 |
| − OpEx | −$21.6k | −$7.57 |
| NOI | $50.5k | $17.67 |
2,857 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$721.2K
$631.1K – $841.5K
NOI $50,487 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$671.0K
$587.1K – $782.9K
NOI $46,971 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$785.2K
$687.1K – $916.1K
NOI $54,967 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Yarmouth
- County
- Cumberland
- State
- Maine
- Longitude
- -70.174507
- Latitude
- 43.804353
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Vacant-delivered 3-unit triplex with distinct layouts and outdoor amenities, ready for a buyer to set future use and income terms.
Where is this triplex located?
The property is located at 27 Bayview Street Yarmouth, ME.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Yarmouth 3‑unit multi‑family with 2BR/1BA, 1BR/1BA, and 2BR/1BA unit configurations; Delivered vacant for the next owner, with flexibility to move in, set rental rates, update finishes, or reconfigure; Large corner lot with two wide driveways, expansive backyard, in‑ground pool, fenced yard, and deck
