Courtesy: Keller Williams Realty
207-879-9800
Explore the incredible potential of this 2-unit duplex on a sprawling 7.83-acre lot! Each unit features 2 bedrooms and 1 bathroom, with separate utilities for seamless management—ideal for rental income, multigenerational living, or investment purposes. The large lot not only provides privacy and ample space but also offers the opportunity to subdivide, creating an additional lot that could yield an estimated $150,000. With spacious living areas and functional layouts in each unit, this duplex provides comfort and convenience for tenants or family members alike. The expansive land invites outdoor activities, future development, or even expansion possibilities. This property combines immediate rental income potential with the added benefit of land value appreciation and development. Selling at a 10.4% cap rate with the option to subdivide the lot offers tremendous investment potential!
Arundel is located in Maine. Arundel, Maine has a population of 4,253. Arundel is less family-centric than the surrounding county with 24.83% of the households containing married families with children. The county average for households married with children is 27.9%.
The median household income in Arundel, Maine is $83,448. The median household income for the surrounding county is $73,856 compared to the national median of $69,021. The median age of people living in Arundel is 46.3 years.
The average high temperature in July is 78.9 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 49.8 inches per year, with 59.4 inches of snow per year.
