Investors Take Notice Diamond in the Rough — An unprecedented opportunity awaits at 87 Wharf Road on scenic Cousins Island. Priced $250k BELOW recent Assessed Value. Making its first return to the market since its original construction in 1960, this two-unit residence has been owned and cherished by the same family for more than six decades. With its versatile layout and expansive 1.84-acre lot, this property offers an exceptional foundation for renovation, investment, or multi-generational living. Originally designed as a single-family home, the main level features a custom, hand-crafted kitchen—complete with a dedicated bread-kneading counter overlooking the peaceful backyard. As the family expanded, the home evolved with it, adding a second garage bay and a private apartment to accommodate extended family—creating today's flexible duplex configuration. This property is being sold strictly ''as is'' and is ready for a comprehensive update. Yet, its enduring craftsmanship and thoughtful additions tell the story of a home built to last. A visionary buyer will appreciate the solid bones, generous lot size, and prime island location just minutes from Yarmouth Village and the Cousins Island Bridge. Recent capital improvements include: New roof and cedar shake siding (2010-2012) New well pump (2017) Updated water filtration system (2023-2024) Electrical system upgrade (2000) Whether you're seeking a duplex investment, a multi-family compound, or a single-home restoration project, 87 Wharf Road represents one of the most unique opportunities in Yarmouth's coastal market—where potential meets possibility.
Multi-familyProperty Type
1960Year Built
1.84 acresLot Size
$257Price/Sq.Ft.
3 car garageParking
Listed by Julie Davis Bryce Davis• Keller Williams Realty
Vehicle Storage: 3 Car, Direct Entry to Living, Basement
Interior
Bathroom Information
# of Baths (Full): 2
Basement Information
Basement Entry: Interior, Walk-Out Access, Finished, Exterior Only
Interior Features
Interior Features: In-Law Apartment
Furnished: Unfurnished
Window Features: Double-Pane Windows
Flooring: Wood, Vinyl, Laminate
Multi-Unit Information
# of Units Total: 2
# of 1 Bedroom Units: 1
# of 3 Bedroom Units: 1
Gross Income: $18,000
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $1,500
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 3
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Composition, Fiberglass, Shingle
Total Building Area (Sq. Ft.): 1,788
Exterior Features
Other Structures: Outbuilding
Property Information
Security Features: Security System
Year Built: 1960
Above-Grade Finished Area (Sq. Ft.): 1,788
Lot Information
Lot Size (Sq. Ft.): $80,150.40
Lot Size (Acres): 1.84
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Open, Wooded, Rural
Road Surface Type: Paved
Zoning: LDR
Waterfront Information
Water Body Name: Atlantic Ocean
Water Body Type: Ocean
Water View: Seasonal
Financial
Tax Information
Annual Tax Amount: $10,525
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Wood Stove, Other Heat System, Hot Water, Baseboard
Has Cooling
Cooling: Wall Unit(s)
Electric: Generator Hookup, Circuit Breakers
Sewer: Septic Tank, Private Sewer
Water Source: Well, Private
Water Heater: Oil
Location
Location Information
Unparsed Address: 87 Wharf Road, Yarmouth, ME 04096
Directions: I 295 to Exit 15, to left on Rt 1, to left on Powell Rd, to left on Rt 88, to right on Gilman Rd (turns to Cousins St), to left on Wharf Rd, #87 on the right.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,788
Stories: 1.0
Lot Size: 1.84 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1960
Year Renovated: —
County: Cumberland County
APN: 90556
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Places
Transit
William H Rowe School
Public PreK-1 • Assigned • 4.0mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 86° expected this year, 18 days in 30 years
6/10 Wind Factor
69% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Yarmouth, ME • 04096
Average low and high temperatures (°F)
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79
61
77
58
72
52
61
41
49
32
34
18
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Sun exposure
In this area, properties receive around 8.3 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.
8.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
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