Kennebunk, ME 04043 2 Sams Place
$625,000
41 more
Presented By: Portside Real Estate Group;
Home Details
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!!
Presented By: Portside Real Estate Group;
Interior Features for 2 Sams Place
Bathrooms
Half Baths2
Total Baths4
Other Interior Features
Above Grade Finished Area1872.0
Air Conditioning Y/NYes
BasementBulkhead, Full, Sump Pump, Exterior Entry, Interior Entry, Unfinished
Basement (Y/N)No
Below Grade Finished Area0.0
FlooringWood, Tile, Carpet
Heating Y/NYes
General for 2 Sams Place
Additional Parcels Y/NNo
Architectural StyleDuplex
Attached Garage No
Carport Y/NNo
CityKennebunk
Construction MaterialsVinyl Siding, Wood Frame
CoolingHeat Pump
CountyYork
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths2
Garage Spaces0.0
Garage Y/NNo
Gross Income45000.0
HOANo
HeatingHeat Pump
Home Warranty Y/NNo
Interior FeaturesBathtub, Shower, Storage
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet34412.4
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense850.0
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPrivate Sewer, Septic Existing on Site
Standard StatusActive Under Contract
StatusActive Under Contract
Tax Annual Amount5285.0
Tax Lot062
Tax Year2024
UtilitiesUtilities On
Virtual TourClick here
Waterfront Y/NNo
Year Built2001
Zoning006
Exterior for 2 Sams Place
Building Area Total1872.0
Crops Included Y/NNo
Foundation DetailsConcrete Perimeter
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Open Lot, Landscaped, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood
Lot Size Acres0.79
Lot Size Area0.79
Lot Size SourcePublic Records
Open Parking Y/NNo
Parking Features5 - 10 Spaces, Gravel, Off Street
Road Frontage TypePrivate
Road Surface TypeGravel
SpaNo
Water SourcePrivate, Well
Additional Details
Price History
Malayka Harriman
Listing/Buyer Specialist