Triplex with In-Ground
For Sale
$799,900
27 Bayview Street, Yarmouth, ME 04096
Multi-Family, Yarmouth, ME
Property Size2,857 SF
Lot Size0.61 Acres
Price / SF$279.98
Days on Market8
Property Features for 27 Bayview Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MDR
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Basement, Bathroom 2, Bathroom 1
Parking features
Off Street
Patio and Porch features
Deck
Interior features
1st Floor Bedroom, Bathtub, Storage
Fencing
Fenced
Basement
Full, Unfinished
Lot features
Well Landscaped, Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/ Interstate, Near Town, Near Public Transit
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
Electric (Heating), Oil, Hot Water(Heating), Baseboard, Other (Heating)
Water source
Public
Amenities
pool
Building Details
Year built
1900
Floors in Building
2
Number of units
3
Flooring type
Laminate, Hardwood, Carpet, Tile
Building materials
Wood Frame, Clapboard, Vinyl Siding
Roof type
Rolled Hot Mop, Membrane, Shingle
Architectural style
Other
Additional Structures
Outbuilding, Storage
Listing Agency:
Vitalius Real Estate Group, LLC
(207) 541-3755
Listed By:
Carrie Logan
(207) 615-7054
Added: Oct 8
Last Checked: Oct 15 at 12:06PM
MLS# 1668406
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.
Investment Insights
Based on property information with market context.
This 2,857-square-foot triplex on a 0.61-acre corner lot contains three apartments: two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. One apartment spans portions of both floors and has an eat-in kitchen, a sunken-level bedroom, an upper-level living room and second bedroom, and a private porch. Another opens to the pool deck, while the second-floor apartment has been refreshed. The property also includes an in-ground pool, a one-bay garage, a shed, two driveways, and a fenced backyard. Built in 1900, the building has MDR zoning and will be delivered vacant.
Yarmouth Village, shopping, and services are nearby, with access to I-295 and Portland approximately 15 minutes away. Public water and public sewer serve the property.
Yarmouth Village, shopping, and services are nearby, with access to I-295 and Portland approximately 15 minutes away. Public water and public sewer serve the property.
Key Highlights
- Three apartments: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
- 2,857‑square‑foot building on a 0.61‑acre corner lot
- In‑ground pool, pool deck, and fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,487
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,740
$1.0M
Cap Rate 7%
$721,243
$721.2K
Cap Rate 9%
$560,967
$561.0K
Market Conditions
NOI Build-Up for 2,857 SF
Gross rent
$77.1K $27.00/SF
− Vacancy
−$5.0K −$1.76/SF
EGI
$72.1K $25.25/SF
− OpEx
−$21.6K −$7.57/SF
NOI
$50.5K $17.67/SF
Area
Cumberland County, ME
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,740
Cap Rate 7%
$721,243
Cap Rate 9%
$560,967
Alternative Uses
Best Use
Multifamily LT 5
$721.2K
$631.1K – $841.5K
NOI $50,487 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$671.0K
$587.1K – $782.9K
NOI $46,971 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$785.2K
$687.1K – $916.1K
NOI $54,967 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
Explore this area
Business Placement
Demographics for 04096, ME
8,990
Population
3,625
Households
2.5
Avg Household Size
45
Median Age
69%
College-Educated
99%
High-School Grad
13.4 sq mi
ZIP Area
671
Density / Sq Mi
$107,911
Median Household Income
$50,848
Median Earnings
$1,709
Median Rent
$572,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Vacant delivery includes three apartments with distinct layouts and bedroom counts.
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 $799,900.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; 2,857‑square‑foot building on a 0.61‑acre corner lot; In‑ground pool, pool deck, and fenced backyard
