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2 Sams Place

Kennebunk ME 04043

4
1872 sq. ft.
34412 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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!!

Features

4 bathrooms
1872 sq. ft. floor area
34412 sq. ft. lot size
Multi-Family

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Local market activity for multi families in Kennebunk

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