Active Under Contract

9 Alder LaneKennebunk, ME 04043Price: $699,000

  • Price: $699,000
  • Est. Mortgage of $/month
  • 57 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $699,000List Price
  • 4Bathrooms
  • 2.8Acreage
  • 2,016Square Feet
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!!
Listed by Jeffrey Rioux of Portside Real Estate Group

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Sean Fellows participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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