Closed
$675,000
9 Alder Lane, Kennebunk, ME 04043
4beds
2,016sqft
Multi Family
Built in 2023
-- sqft lot
$671,000 Zestimate®
$335/sqft
$3,154 Estimated rent
Home value
$671,000
$604,000 - $745,000
$3,154/mo
Zestimate® history
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Owner options
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What's special
Extremely rare offering in Kennebunk! Pristine Duplex each unit offering 2 bedrooms and 1.5 baths sited on 2.8 acres. Built in 2023 with efficiency in mind. Heat pumps, quartz counters, stainless appliances, hardwood floors in common areas, tile in baths, and carpet in bedrooms. Unit 1 is renting for $2,265/m which is below market value. Fair value is between $2,700-$3,000/m. Both units are on separate utilities to include the water supply. Unit 2 is vacant so the new owner will have the option to rent it at fair market value. 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. This being new construction, the new owner will have the luxury of not having to budget for the dreaded deferred maintenance typical of older multi-units. Located close to everything Kennebunk has to offer. Schools, Turnpike Exit, Town Center, and Beaches. Must be seen!!
Zillow last checked: 8 hours ago
Listing updated: January 18, 2025 at 07:09pm
Listed by:
Portside Real Estate Group
Bought with:
Keller Williams Coastal and Lakes & Mountains Realty
Source: Maine Listings,MLS#: 1596115
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Features
- Flooring: Carpet, Tile, Wood
- Basement: Bulkhead,Crawl Space,Sump Pump,Unfinished
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
- Finished area above ground: 2,016
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces, On Site
Features
- Patio & porch: Deck
Lot
- Size: 2.80 Acres
- Features: Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot, Right of Way, Wooded
Details
- Parcel number: KENBM041L002
- Zoning: 006
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 2023
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Design Available, Septic Tank
- Water: Private, Well
- Utilities for property: Utilities On, Pole
Community & neighborhood
Location
- Region: Kennebunk
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2024 | Sold | $675,000-3.4%$335/sqft |
Source: | ||
| 9/10/2024 | Pending sale | $699,000$347/sqft |
Source: | ||
| 8/6/2024 | Contingent | $699,000$347/sqft |
Source: | ||
| 7/12/2024 | Listed for sale | $699,000$347/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,049 +5.6% | $297,900 |
| 2023 | $4,781 +2302.5% | $297,900 +2090.4% |
| 2022 | $199 +2.6% | $13,600 |
Find assessor info on the county website
Neighborhood: 04043
Nearby schools
GreatSchools rating
- NAKennebunk Elementary SchoolGrades: PK-2Distance: 1.1 mi
- 10/10Middle School Of The KennebunksGrades: 6-8Distance: 1.4 mi
- 9/10Kennebunk High SchoolGrades: 9-12Distance: 0.5 mi

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$671,000
2% more+ $13,420
With Zillow Showcase(estimated)
$684,420
