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Historic Duplex with In-Law Apartment
For Sale
$749,000

34 York Street, York, ME 03909

Character-rich property combines residential and commercial zoning with an adaptable outbuilding and additional living space.

Property Size2,750 SF
Price / SF$272.36
Days on Market131

Property Features for 34 York Street

General Information

Standard status Active
Size 2,750 SF
Property subtype Multi-family

Additional Details

Road Access Yes

Amenities

art studio
hot tub
outdoor shower
fireplaces

Building Details

Year Built 1880
Construction Antique Colonial
Listing Agency: RE/MAX Realty One
Listed By: Robert Coles Jr.
Source: Greatislandrealty
Added: May 29 Changed: Oct 4 Last Checked: Oct 5 at 9:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty One

Investment Insights

Based on property information with market context.

This 2,750-square-foot duplex combines an Antique Colonial residence with period architectural details, wide pine flooring, exposed beams, and five working fireplaces. The property includes four bedrooms, three baths, an in-law apartment, and multiple outbuildings. One air-conditioned outbuilding is currently arranged as an art studio, while a hot tub and outdoor shower add further exterior amenities.

Zoned for both residential and commercial use, the property offers flexibility within its York Village setting. It is located on York Street near York Harbor, beaches, village shops, and local dining. The building was relocated to its present setting in 1976, preserving its early American character while providing a configuration suited to contemporary use.

Key Highlights

  • 2,750‑square‑foot duplex with four bedrooms and three baths
  • Residential and commercial zoning supports flexible use
  • In‑law apartment included within the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,553
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,060 $931.1K
Cap Rate 7%
$665,043 $665.0K
Cap Rate 9%
$517,256 $517.3K
Market Conditions
NOI Build-Up for 2,750 SF
Gross rent
$70.0K $25.44/SF
− Vacancy
−$3.5K −$1.26/SF
EGI
$66.5K $24.18/SF
− OpEx
−$20.0K −$7.25/SF
NOI
$46.6K $16.93/SF
Area
York County, ME
Vacancy
4.94%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,060
Cap Rate 7%
$665,043
Cap Rate 9%
$517,256

Alternative Uses

Best Use
Multifamily LT 5
$665.0K
$581.9K – $775.9K (±1% cap)
NOI $46,553 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$607.1K
$531.2K – $708.3K (±1% cap)
NOI $42,499 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$871.7K
$762.8K – $1.02M (±1% cap)
NOI $61,022 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Wabi Cafe Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 03909, ME

10,938
Population
7,101
Households
1.5
Avg Household Size
53
Median Age
50%
College-Educated
98%
High-School Grad
35.2 sq mi
ZIP Area
311
Density / Sq Mi
$108,889
Median Household Income
$55,540
Median Earnings
$1,438
Median Rent
$589,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Character-rich property combines residential and commercial zoning with an adaptable outbuilding and additional living space.
Where is this duplex located?
The property is located at 34 York Street York, ME.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2,750‑square‑foot duplex with four bedrooms and three baths; Residential and commercial zoning supports flexible use; In‑law apartment included within the property
More about this property
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