$625,000

Pending

Est. Mortgage $0/mo *

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2 Sams Place, Kennebunk, ME, 04043

2 Sams Place, Kennebunk, ME, 04043
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2 Full / 2 Half baths

2001

Duplex

1,872 sqft

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!!

Status:

Pending

Type:

Multi-family

Units:

2

Zoning:

006

Heating:

Heat Pump

Cooling:

Heat Pump

Basement:

Bulkhead, Full, Sump Pump, Exterior Entry, Interior Entry, Unfinished

Parking:

5 - 10 Spaces, Gravel, Off Street

Acreage:

0.79

Est. Taxes:

$5,285

Construction

Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Level, Open Lot, Landscaped, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood

Amenities:

Bathtub, Shower, Storage

MLS #:

1609920

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Portside Real Estate Group