| Up North Realty Maine

421 Alfred Road, Kennebunk, ME 04043

$1,400,000
Property Type: Multi-Family Baths: 6 Square Footage: 4,820 Lot Size (sq. ft.): 283,140 Status: Closed
Current Price: $1,400,000 List Date: 11/22/2022 Last Modified: 1/13/2025

Overview

Description

Income Property In Kennebunk with residential rental opportunity, plus business option if you choose! Priced below appraised value. Mixed use income producing property in Kennebunk on 6.5+/- acres of land. Property consists of four residential rental units fully rented with great income plus an on-site dog daycare & boarding facility, that brings in excellent monthly income! Additionally, there is an 8 stall horse barn and riding arena. A natural pond & fruit trees makes this property very unique. Income

Listing Details MLS# 1542781

Location Information

Street #
421
Street Name
Alfred
Street Type
Road
County
York
Town
Kennebunk
State/Province
ME
Zip Code
04043
Zip +4
6225
Leased Land
No
Book
18993
Page
132
Map
23
Lot
20
Zoning
RR
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
9666
Tax Year
2022

Contract Information

Original List Price
1750000

Property Information

Surveyed
Yes
Seasonal
No
Deed/Conveyance Type Offered
Warranty
Deed
All
2 Detached Houses on 1 Lot
Yes
Number of Units
4
Total Baths
6
Total Full Baths
6
Color
Yellow/Red
Year Built
2003
SqFt Finished Above Grade
4820
SqFt Finished Total
4820
SqFt Source
Public Records
Other Source of Square Footage
SqFt does not include dog facility
Garage
Yes
Garage Spaces
2
Lot Size Acres +/-
6.5
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0

Status Change Info

Pending Date
2022-12-01
Closed Date
2023-03-17
Closed Price
1400000

Water Info

Water Frontage
No
Water View
No

Building Info

# Fireplaces
Yes
# Stories
2
# Floors
2
# Heating Units
3
# Water Heaters
3

More Information

Units

# of 1 BD Units
Yes
# of 2 BD Units
2
# of 3 BD Units
Yes

Unit 1

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 2

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
2200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
3600
# Full Baths
3
# of Rooms
8
# of Bedrooms
4
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1200
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
Yes
Dedicated Electric Meter
No
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes
Sewer
Yes

Utilities

Utilities On
Yes

Sold Info

Appraiser Email Address
larry@theappraisalcompany.us

Site

Level
Yes
Open
Yes
Pasture/Field
Yes

Location

Near Town
Yes
Near Turnpike/Interstate
Yes

Roads

Paved
Yes
Public
Yes

Style

Cottage
Yes
New Englander
Yes
Other
Yes

Construction

Wood Frame
Yes

Other Structures

Outbuilding
Yes
Shed(s)
Yes

Levels

Multi-Level
Yes

Basement

Full
Yes
Unfinished
Yes

Exterior

Wood Siding
Yes

Roof

Shingle
Yes

Heat System

Baseboard
Yes
Heat Pump
Yes
Hot Water
Yes
Stove
Yes
Zoned
Yes

Heat Fuel

Gas Bottled
Yes
Oil
Yes

Income & Expenses

Gross Income
121980
Operating Expenses
23709

Cooling

Heat Pump
Yes

Floors

Wood
Yes

Parking

11 - 20 Spaces
Yes
Off Street
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Private Sewer
Yes

Water

Private
Yes

Driveway

Common
Yes
Gravel
Yes

Basement Entry

Doghouse
Yes
Interior
Yes

Water Heater

Oil
Yes

Amenities

Animal Containment System
Yes
Bathtub
Yes
Fence
Yes

Patio and Porch Features

Patio
Yes
Porch
Yes

Vehicle Storage

4+ Car
Yes
Detached
Yes

Property Features

Site: Level; Open; Pasture/Field Location: Near Town; Near Turnpike/Interstate Roads: Paved; Public Style: Cottage; New Englander; Other Levels: Multi-Level Construction: Wood Frame Other Structures: Outbuilding; Shed(s) Basement: Full; Unfinished Basement Entry: Doghouse; Interior Exterior: Wood Siding Roof: Shingle Heat System: Baseboard; Heat Pump; Hot Water; Stove; Zoned Heat Fuel: Gas Bottled; Oil Water Heater: Oil Cooling: Heat Pump Floors: Wood Amenities: Animal Containment System; Bathtub; Fence Patio and Porch Features: Patio; Porch Driveway: Common; Gravel Parking: 11 - 20 Spaces; Off Street Vehicle Storage: 4+ Car; Detached Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer Water: Private
Listing Office: Keller Williams Realty
IDX
Last Updated: January - 13 - 2025
Broker Attribution: 207-604-4624

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