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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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40 Main St , Limerick, ME 04048
$750,000
Est. Payment: $1,666.67/mo
0 Bed
15 Bath
3770 Sqft
Status: Active | Days on site: 35
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3011 - 016819
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House Description

Offered as a fully operational, turnkey hospitality property, Jeremiah Mason House Bed and Breakfast remains open, actively welcoming guests, and accepting future reservations throughout the sale process. Exceptional income producing property offering multiple revenue streams and outstanding flexibility in York County, Maine. The Jeremiah Mason House is an unique investment opportunity that includes a historic 10-bedroom main residence along with a carriage house converted into three rental units, creating a rare opportunity for investors or owner-occupants seeking both income and long term upside. The carriage house provides diversified rental income, while the expansive main home offers additional opportunities for owner occupancy, expanded lodging, or other residential income uses, subject to needs and applicable approvals. Situated on a beautifully maintained lot with generous outdoor space, mature landscaping, and a charming chicken and duck coop, the property offers amenities that enhance both guest and tenant appeal. Conveniently located approximately 40 minutes from the Maine coast and Portsmouth, New Hampshire, and under and hour to Portland this property benefits from strong regional tourism while also serving long-term housing and rental demand. Whether you're looking to expand your investment portfolio, offset owner occupancy costs with rental income, or maximize the property's existing revenue potential, this is a rare opportunity to acquire a well established, income producing asset with significant room for future growth.

Highlights

Listed by Alexcia Smith , 207-227-6959 Portside Real Estate Group , 207-536-4222.

Property Type

Multi-Family

Lot/Acreage
1.2

Year Built

1859

County

York

Listing ID

1674467

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:15
  • Full Bathrooms:11
Air Cond:Heat Pump,Window Unit(s)
Fireplaces:
Floor:Carpet,Vinyl,Wood
Above Ground Sq Ft:3410
Below Ground Sq Ft:360
Basement:Bulkhead,Interior Entry,Walk-Out Access,Full,Unfinished
Other:
  • Additional:1st Floor Bedroom, Bathtub, In-Law Floorplan, Pantry, Primary Bedroom w/Bath
Water:Public,Well

Exterior Features

Lot:Business District,Intown,Level,Sidewalks
Zoning:B
Roof:Metal,Shingle,Slate
Sewer:Public Sewer
Parking Features:Paved,11 - 20 Spaces,Off Street
Principal Interest
$1,667
Taxes
$535

Home Price

$750,000

Loan Details

30 yrs
%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,666.67 $534.83 $0.00 $2,201.50
Yearly $20,000.00 $6,418.00 $0.00 $26,418.00
Total $600,000.00 $192,540.00 $0.00 $792,540.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Limerick, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.