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 year, 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!!
Closed
$650,000
2 Sams Place, Kennebunk, ME 04043
4beds
1,872sqft
Multi Family
Built in 2001
-- sqft lot
$663,300 Zestimate®
$347/sqft
$2,796 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 27, 2024 at 08:35am
Listed by:
Portside Real Estate Group
Bought with:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1609920
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Features
- Bathtub, Shower, Storage
- Flooring: Carpet, Tile, Wood
- Basement: Bulkhead,Interior Entry,Full,Sump Pump,Unfinished
Interior area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
- Finished area above ground: 1,872
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces, Off Street
Lot
- Size: 0.79 Acres
- Features: Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot, Landscaped
Details
- Parcel number: KENBM041L062
- Zoning: 006
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 2001
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Kennebunk
Other
Other facts
- Road surface type: Gravel, Dirt