Historic Duplex with Attached
For Sale
$1,195,000
88 York St, York, ME 03909
Distinctive York Village property combining a character-rich primary residence, flexible upper-level living space, and a separate apartment.
Property Size3,001 SF
Price / SF$398.20
Days on Market64
Property Features for 88 York St
General Information
Standard status
Active
Size
3,001 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/4BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
wraparound porch
fenced-in yard
paver patio
fire pit area
Reeds Ferry shed
central air
attached 2-car garage
Building Details
Year Built
1880
Buildings
1
Listing Agency:
Anne Erwin Sotheby's International Realty
Listed By:
Anne Erwin Real Estate
(207) 363-6640
Source:
Aroostookrealestate
Added: Aug 13
Changed: Oct 14
Last Checked: Oct 7 at 3:07PM
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 Anne Erwin Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 3,001-square-foot duplex pairs an 1880-built primary residence with an attached two-bedroom apartment. The main home includes three bedrooms and four baths, along with a wraparound porch, foyer, hardwood floors, period trim, pocket doors, built-in cabinetry, and a woodstove. Its kitchen opens to a fenced backyard featuring a paver patio, stone walls, landscaped grounds, blueberry bushes, a pea-stone fire pit area, and a storage shed.
The second floor provides a primary bedroom, two guest rooms, a shared flex room, and an updated bath. A third-floor family room adds a kitchenette, gas stove, office area, tree-top views, and a full bath with clawfoot tub. Central air accompanies the updated heating system, while the heated attached two-car garage includes storage and a bath. The apartment contains two bedrooms and one bath and may serve as live-in support, a separate studio, or an income-producing residence. Schools, a hospital, library, golf, beaches, restaurants, and shops are within walking distance in York Village.
The second floor provides a primary bedroom, two guest rooms, a shared flex room, and an updated bath. A third-floor family room adds a kitchenette, gas stove, office area, tree-top views, and a full bath with clawfoot tub. Central air accompanies the updated heating system, while the heated attached two-car garage includes storage and a bath. The apartment contains two bedrooms and one bath and may serve as live-in support, a separate studio, or an income-producing residence. Schools, a hospital, library, golf, beaches, restaurants, and shops are within walking distance in York Village.
Key Highlights
- 1880‑built duplex with 3,001 square feet
- Primary residence offers 3 bedrooms and 4 baths
- Attached apartment includes 2 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,802
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,040
$1.0M
Cap Rate 7%
$725,743
$725.7K
Cap Rate 9%
$564,467
$564.5K
Market Conditions
NOI Build-Up for 3,001 SF
Gross rent
$76.3K $25.44/SF
− Vacancy
−$3.8K −$1.26/SF
EGI
$72.6K $24.18/SF
− OpEx
−$21.8K −$7.25/SF
NOI
$50.8K $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%
$1,016,040
Cap Rate 7%
$725,743
Cap Rate 9%
$564,467
Alternative Uses
Best Use
Multifamily LT 5
$725.7K
$635.0K – $846.7K
NOI $50,802 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$662.5K
$579.7K – $773.0K
NOI $46,378 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$951.3K
$832.4K – $1.11M
NOI $66,591 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
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
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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?
Duplex - Distinctive York Village property combining a character-rich primary residence, flexible upper-level living space, and a separate apartment.
Where is this duplex located?
The property is located at 88 York St York, ME.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 1880‑built duplex with 3,001 square feet; Primary residence offers 3 bedrooms and 4 baths; Attached apartment includes 2 bedrooms and 1 bath
