Bought with Keller Williams Coastal and Lakes & Mountains Realty
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Key Details
Sold Price $675,000
Property Type Multi-Family
Listing Status Sold
Square Footage 2,016 sqft
MLS Listing ID 1596115
Sold Date 09/10/24
Style Duplex
Full Baths 2
Half Baths 2
HOA Y/N No
Abv Grd Liv Area 2,016
Originating Board Maine Listings
Year Built 2023
Annual Tax Amount $4,781
Tax Year 2023
Lot Size 2.800 Acres
Acres 2.8
Property Description
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!!
Location
State ME
County York
Zoning 006
Rooms
Basement Bulkhead, Crawl Space, Sump Pump, Exterior Entry, Unfinished
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Wood, Tile, Carpet
Exterior
Garage 1 - 4 Spaces, Gravel, On Site
Waterfront No
View Y/N No
Roof Type Shingle
Porch Deck
Road Frontage Private
Parking Type 1 - 4 Spaces, Gravel, On Site
Garage No
Building
Lot Description Level, Open Lot, Right of Way, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
Sewer Private Sewer, Septic Design Available, Septic Existing on Site
Water Private, Well
Architectural Style Duplex
Structure Type Vinyl Siding,Wood Frame
Others
Energy Description Electric
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327