Ad #7219145
MLS #1674467
Exceptional income producing property offering multiple revenue
40 Main St, Limerick, ME 04048
$750,000
--Beds
11Baths
3,770Sqft
1.2Acres
About this property
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, 7-bathroom 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 property currently generates approximately $125,000 in annual gross revenue through its existing mix of hospitality and rental operations. 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.
Property Features
0 Beds
11 Baths
3,770 Sqft
Built in 1859
1.2 Acres
3 Stories
Off Street
Siding: Masonry, Wood Frame, Brick, Clapboard
Shingle, Slate, Metal Roof
Oil, Zoned, Propane (Heating), Kerosene, Forced Air, Wood
$6,418 / yr property tax
York County
Additional Photos
Contact Information
Alexcia Smith
Portside Real Estate Group
207-227-6959
Location
Listing Agent: Alexcia Smith 207-227-6959
Broker: Portside Real Estate Group 207-619-7571 Listing Site
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.
Broker: Portside Real Estate Group 207-619-7571 Listing Site
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.
BarrierFreeHome.com
Printed Aug 3, 2026
Photo Gallery
$750,000
--
Beds
11
Baths
3,770
Sqft
40 Main St, Limerick, ME 04048
By contacting this agent you agree to these Terms and Conditions.
MLS# 1674467
Exceptional income producing property offering multiple revenue
$750,000
40 Main St, Limerick, ME 04048
--
Beds
11
Baths
3,770
Sqft
1.2
Acres
$750,000
40 Main St, Limerick, ME 04048
-- Beds
11 Baths
3,770 Sqft
1.2 Acres
Accessibility Features
Accessible Approach with Ramp
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, 7-bathroom 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 property currently generates approximately $125,000 in annual gross revenue through its existing mix of hospitality and rental operations. 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.
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Property Details
HOME DETAILS
0 Beds
11 Baths
3,770 Sqft
Built in 1859
1.2 Acres
3 Stories
EXTERIOR
Off Street
Siding: Masonry, Wood Frame, Brick, Clapboard
Shingle, Slate, Metal Roof
INTERIOR
Oil, Zoned, Propane (Heating), Kerosene, Forced Air, Wood
FINANCIAL & COMMUNITY
$6,418 / yr property tax
York County
See More Details
Location
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Ad Statistics
Ad Number
7219145
Viewed
5 times
Listing Status
Active
Added
Aug 02, 2026
Last Refreshed
Aug 03, 2026 08:43:38 AM
Listing Information
Data Source
Maine Listings
Source Property ID
1674467
Listing Agent: Alexcia Smith 207-227-6959
Broker: Portside Real Estate Group 207-619-7571 Listing Site
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.
Broker: Portside Real Estate Group 207-619-7571 Listing Site
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.
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