Historic Multifamily
34 York Street York, ME 03909
34 York Street, York, ME, 03909
$749,000
For Sale
$749,000
MULTI_FAMILY - Colonial - York, ME
Property Size2,750 SF
Lot Size0.48 Acres
Price / SF$272.36
Days on Market48
Property Features for 34 York Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MDL01
- Bathrooms
- 4
- Rooms
- Basement, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
- Parking features
- Off Street
- Patio and Porch features
- Patio
- Pets allowed
- No
- Interior features
- In-Law Apartment, 1st Floor Bedroom, Attic, Storage, Primary Bedroom w/Bath
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 2,750 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5987
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Hot Water(Heating), Oil, Kerosene
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1880
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Wood
- Building materials
- Wood Frame, Clapboard, Wood Siding
- Roof type
- Shingle
- Architectural style
- Colonial
- Additional Structures
- Outbuilding, Storage
Listing Agency
RE/MAX Realty One
(207) 363-2497
439 US Route One, York, ME
Listed by
Robert Coles Jr. · License #BR913240
(207) 604-0577
Added: Jun 3 Updated: Jul 9 at 3:36 am Checked: Jul 20 at 6:06 pm
MLS# 1665207
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.
Investment Insights
Based on property information with market context.
This historic Colonial home offers a distinctive layout and period character, including wide pine floors, exposed beams, and five working fireplaces. The residence provides four bedrooms and three baths, complemented by a separate air-conditioned outbuilding currently used as an art studio. Additional outdoor amenities include multiple outbuildings and a hot tub with an outdoor shower. A dedicated in-law apartment further supports income potential for an owner-occupant or investor.
Located in York Village along York Street, the property is positioned just moments from York Harbor, beaches, village shops, and local dining. The setting and walk-to lifestyle give the home a highly livable context while maintaining the opportunity to run a residential-focused operation.
With zoning that allows both residential and commercial uses, this is well suited for buyers seeking a mixed-use arrangement or a flexible live-and-work setup. The in-law apartment can support steady rental income, while the additional outbuilding offers room for a hobby space, studio, or related operational use depending on the buyer’s plans. For investors, the property’s combination of character, interior fireplaces, and multiple supplemental spaces provides multiple ways to configure day-to-day living and revenue.
Located in York Village along York Street, the property is positioned just moments from York Harbor, beaches, village shops, and local dining. The setting and walk-to lifestyle give the home a highly livable context while maintaining the opportunity to run a residential-focused operation.
With zoning that allows both residential and commercial uses, this is well suited for buyers seeking a mixed-use arrangement or a flexible live-and-work setup. The in-law apartment can support steady rental income, while the additional outbuilding offers room for a hobby space, studio, or related operational use depending on the buyer’s plans. For investors, the property’s combination of character, interior fireplaces, and multiple supplemental spaces provides multiple ways to configure day-to-day living and revenue.
Key Highlights
- Zoned for both residential and commercial use, offering flexibility for live/work or business opportunities.
- Includes an in‑law apartment, plus a 1st‑floor bedroom for multi‑generational living or added rental/income potential.
- Historic colonial home built in 1880 with 4 bedrooms, 3 baths, and 5 working fireplaces.
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 | $70.0k | $25.44 |
| − Vacancy | −$3.5k | −$1.26 |
| EGI | $66.5k | $24.18 |
| − OpEx | −$20.0k | −$7.25 |
| NOI | $46.6k | $16.93 |
2,750 SF · lease $25.44/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$665.0K
$581.9K – $775.9K
NOI $46,553 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$607.1K
$531.2K – $708.3K
NOI $42,499 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$871.7K
$762.8K – $1.02M
NOI $61,022 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wabi Cafe
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A charming Colonial with an in-law apartment and residential/commercial zoning, offering flexible income and usage options.
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: Zoned for both residential and commercial use, offering flexibility for live/work or business opportunities.; Includes an in‑law apartment, plus a 1st‑floor bedroom for multi‑generational living or added rental/income potential.; Historic colonial home built in 1880 with 4 bedrooms, 3 baths, and 5 working fireplaces.
