40 Main Street
Limerick, ME 04048
- 14 Beds
- 11 Baths
- 3,770 sqft (on 1.20 acres)
14 Beds
11 Baths
3,770 sqft
(on 1.20 acres)
Home Highlights
Outdoor
Porch, Deck
Climate Control
Heating & Cooling
Price/Sqft
$199
Listed
Less than a day ago
Local Information
-- mins to
Last check for updates: about 6 hours ago
Listing courtesy of Portside Real Estate Group
Source: Maine Listings, MLS#1674467

Also Listed on Maine Listings.
About this House
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 property currently generates approximately $138,000 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.
The property currently generates approximately $138,000 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.
Home Details for 40 Main Street
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MLS Status: Active |
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Interior Details Basement: Bulkhead,Interior Entry,Walk-Out Access,Full,Unfinished |
Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 15Number of Bathrooms (full): 11 |
Dimensions and Layout Living Area: 3770 Square Feet |
Heating & Cooling Heating: Direct Vent Heater,Forced Air,ZonedHas CoolingAir Conditioning: Heat Pump,Window Unit(s)Has HeatingHeating Fuel: Direct Vent Heater |
Gas & Electric Electric: Circuit Breakers, Generator Hookup |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl, Wood |
Levels, Entrance, & Accessibility Stories: 3Accessibility: 32 - 36 Inch DoorsFloors: Carpet, Vinyl, Wood |
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Exterior Home Features Roof: Metal Shingle SlatePatio / Porch: Deck, PorchFoundation: Granite, Brick/MortarNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Paved,11 - 20 Spaces,Off Street |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 3410 Square FeetFinished Area (below surface): 360 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1859 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Post & BeamArchitecture: Greek Revival |
Building Construction Materials: Masonry, Wood Frame, Brick, Clapboard |
Property Information Not Included in Sale: list can be provided |
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Price List Price: $750,000Price Per Sqft: $199 |
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Direction & Address City: Limerick |
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Listing Agent Listing ID: 1674467 |
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Building Area Building Area: 3770 Square Feet |
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Lot Area: 1.2 Acres |
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BasementMls Number: 1674467Above Grade Unfinished Area: 3410 |
Market trends in Limerick
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
19
1MoM
Price History for 40 Main Street
| Date | Price | Event | Source |
|---|---|---|---|
| 08/02/2026 | $750,000 | Listed For Sale | Maine Listings #1674463 |
| 03/11/2026 | $1,285 | ListingRemoved | Zillow Rentals |
| 03/03/2026 | $1,285 | PriceChange | Zillow Rentals |
| 02/04/2026 | $1,325 | PriceChange | Zillow Rentals |
| 01/25/2026 | $1,450 | Listed For Rent | Zillow Rentals |
| 12/07/2025 | $1,325 | ListingRemoved | Zillow Rentals |
| 11/23/2025 | $1,325 | PriceChange | Zillow Rentals |
| 11/11/2025 | $1,350 | PriceChange | Zillow Rentals |
| 10/10/2025 | $1,395 | PriceChange | Zillow Rentals |
| 10/07/2025 | $1,450 | Listed For Rent | Zillow Rentals |
| 07/23/2025 | $1,450 | ListingRemoved | Zillow Rentals |
| 07/10/2025 | $1,450 | PriceChange | Zillow Rentals |
| 07/06/2025 | $1,495 | PriceChange | Zillow Rentals |
| 06/17/2025 | $1,550 | Listed For Rent | Zillow Rentals |
| 09/13/2024 | $1,400 | ListingRemoved | Zillow Rentals |
| 07/28/2024 | $1,400 | Listed For Rent | Zillow Rentals |
| 10/03/2019 | $375,000 | Sold | Maine Listings #1354376 |
| 08/26/2019 | $385,000 | Pending | Agent Provided |
| 08/20/2019 | $385,000 | PendingToActive | Agent Provided |
| 08/12/2019 | $385,000 | Pending | Agent Provided |
| 08/12/2019 | $385,000 | PendingToActive | Agent Provided |
| 08/12/2019 | $385,000 | Pending | Agent Provided |
| 08/09/2019 | $385,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $6,418 |
| Assessment | $675,536 |
Home facts updated by county records
Comparable Sales for 40 Main Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
5.42 | Multi-Family Home | $1,082,500 | 05/22/26 | 6 | 4 | 4,608 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 40 Main Street.
What Locals Say about Limerick
At least 3 Trulia users voted on each feature.
100 % Say there's wildlife
100 % Say it's dog friendly
100 % Say kids play outside
100 % Say parking is easy
100 % Say yards are well-kept
100 % Say car is needed
83 % Say there's holiday spirit
67 % Say it's walkable to restaurants
56 % Say streets are well-lit
53 % Say neighbors are friendly
50 % Say there are sidewalks
43 % Say people would walk alone at night
38 % Say they plan to stay for at least 5 years
33 % Say it's quiet
29 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Portside Real Estate Group

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
40 Main Street, Limerick, ME 04048 is a 14 bedroom, 15 bathroom, 3,770 sqft multi-family built in 1859. This property is currently available for sale and was listed by Maine Listings on Aug 2, 2026. The MLS # for this home is MLS# 1674467.

