Historic Duplex with Attached
88 York Street, York, ME 03909
For Sale
$1,095,000
A separate apartment, attached garage, and central air complement the primary residence.
Property Size3,001 SF
Price / SF$364.88
Days on Market131
Property Features for 88 York Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Amenities
wraparound porch
woodstove
central air
attached 2-car garage
custom paver patio
fire pit
shed
kitchenette
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Anne Erwin Sotheby's International Realty
Listed By:
Anne Erwin Real Estate · License #DB901450
(207) 363-6640
Source:
Newspacere
Added: Jul 2
Changed: Nov 3
Last Checked: Nov 8 at 9:22AM
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
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Investment Insights
Based on property information with market context.
This York Village duplex pairs a three-bedroom, four-bathroom main residence with an attached two-bedroom, one-bathroom apartment. The main home includes a living room, den, formal dining room, eat-in kitchen, and a third-floor family room with a kitchenette and built-in office area. A wraparound porch, hardwood floors, period trim, and pocket doors retain historic character, while the heating system has been updated to include central air. The attached heated garage accommodates two vehicles and includes a bathroom and storage. Outside, the fenced yard features a paver patio, stone walls, landscaped grounds, and a fire pit area.
Built in 1880, the property is within walking distance of schools, a hospital, a library, golf, beaches, restaurants, and shops. The apartment provides a separate living space within the property’s two-unit configuration.
Built in 1880, the property is within walking distance of schools, a hospital, a library, golf, beaches, restaurants, and shops. The apartment provides a separate living space within the property’s two-unit configuration.
Key Highlights
- Two‑unit configuration: three‑bedroom, four‑bath main residence and attached two‑bedroom, one‑bath apartment
- 3,001 square feet of property size
- Built in 1880
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,802
Cap Rate
4.64%
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 4.64%
Second Best
Apartment 5plus
$662.5K
$579.7K – $773.0K
NOI $46,378 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$951.3K
$832.4K – $1.11M
NOI $66,591 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
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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
$589,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in York County, ME
Properties on Market for Duplexes in York County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate apartment, attached garage, and central air complement the primary residence.
Where is this duplex located?
The property is located at 88 York Street York, ME.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Two‑unit configuration: three‑bedroom, four‑bath main residence and attached two‑bedroom, one‑bath apartment; 3,001 square feet of property size; Built in 1880
