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  • $650,000

    2 Sams Place, Kennebunk, ME 04043

    4beds
    1,872sqft
    Multi Family
    Built in 2001
    -- sqft lot
    $659,800 Zestimate®
    $347/sqft
    $2,895 Estimated rent

    Home value

    $659,800

    $594,000 - $732,000

    $2,895/mo

    Zestimate® history
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    What's special

    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!!

    Zillow last checked: 8 hours ago

    Listing updated: December 27, 2024 at 08:35am

    Listed by:

    Portside Real Estate Group

    Bought with:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1609920MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Features
    • Bathtub, Shower, Storage
    • Flooring: Carpet, Tile, Wood
    • Basement: Bulkhead,Interior Entry,Full,Sump Pump,Unfinished
    Interior area
    • Total structure area: 1,872
    • Total interior livable area: 1,872 sqft
    • Finished area above ground: 1,872
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces, Off Street
    Lot
    • Size: 0.79 Acres
    • Features: Near Golf Course, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot, Landscaped
    Details
    • Parcel number: KENBM041L062
    • Zoning: 006

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 2001

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer, Septic Tank
    • Water: Private, Well
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Kennebunk

    Other

    Other facts
    • Road surface type: Gravel, Dirt

    Price history

    DateEventPrice
    12/27/2024Sold$650,000+4%$347/sqft
    Source: Maine Listings #1609920
    12/27/2024Pending sale$625,000$334/sqft
    Source: Maine Listings #1609920
    11/27/2024Contingent$625,000$334/sqft
    Source: Maine Listings #1609920
    11/21/2024Listed for sale$625,000+133.2%$334/sqft
    Source: Maine Listings #1609920
    6/10/2016Sold$268,000-3.2%$143/sqft
    Source: Maine Listings #1264525

    Public tax history

    YearProperty taxesTax assessment
    2024$5,285 +5.6%$311,800
    2023$5,004 +9.9%$311,800
    2022$4,552 +2.5%$311,800

    Find assessor info on the county website

    Neighborhood: 04043

    Nearby schools

    GreatSchools rating
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    $659,800
    2% more+ $13,196
    With Zillow Showcase(estimated)
    $672,996