Listing Courtesy of: Jeffrey Rioux - Portside Real Estate Group
207-204-0465
$625,000
2 Place Kennebunk, ME 04043
Multi-Family
Residence
Beds
4
Baths
...
Bed/Bath
1,872
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Extremely rare offering in Kennebunk! Outstanding Duplex each unit offering 2 bedrooms and 1.5 baths sited on .79 acres. It's located in town, on a quite dead-end street offering an excellent neighborhood vibe. Unit 2 was fully renovated in 2023. Heat pumps were added in each unit that same yea...r, thus, eliminating the reliance on oil for heating. Storage is ample thanks to the large, full, and dry basement. Additionally, each unit has its own dedicated shed further improving personal belonging overflow. Unit 1 is Tenancy-at-Will and will be moved out prior to the sale. However if investor purchased, this tenant would be willing to stay with updated terms & conditions. Unit 2 is renting for $2,250/m which is low considering fair market value is anywhere from $2,500/m-$2,700m for each unit. Tenants pay all utilities. This is the perfect investment opportunity providing the right amount of cash flow to be self-sustaining and predictable. It's also an ideal candidate to be owner occupied. Live in one unit and have the other help pay the mortgage. Located close to everything Kennebunk has to offer. Schools, Turnpike Exit, Town Center, and Beaches. Must be seen!!
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MLS#
1609920
Property Type
Multi-Family
Bathrooms
2 Full/2 Half
Year Built
2001
Square Feet
1,872
sq. ft
Lot Size
0.79
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