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9 Alder Lane

Kennebunk ME 04043

4
2016 sq. ft.
121968 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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!!

Features

4 bathrooms
2016 sq. ft. floor area
121968 sq. ft. lot size
Multi-Family

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Local market activity for multi families in Kennebunk

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