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

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

Supplements: ********

More Information MLS# 1542781

Location Information

Book: 18993 Leased Land: No Page: 132 Map: 23 Lot: 20 Zoning Overlay: Unknown Association: No Street #: 421 Street Name: Alfred Street Type: Road County: York Town: Kennebunk State/Province: ME Zip Code: 04043 Zip +4: 6225 Zoning: RR Full Tax Amount $: 9666 Tax Year: 2022 Geo Lat: 43.41409 Geo Lon: -70.600281

Property Information

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

Site

Level: 1 Open: 1 Pasture/Field: 1

Location

Near Town: 1 Near Turnpike/Interstate: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Style

Cottage: 1 New Englander: 1 Other: 1

Construction

Wood Frame: 1

Other Structures

Outbuilding: 1 Shed(s): 1

Levels

Multi-Level: 1

Basement

Full: 1 Unfinished: 1

Exterior

Wood Siding: 1

Roof

Shingle: 1

Heat System

Baseboard: 1 Heat Pump: 1 Hot Water: 1 Stove: 1 Zoned: 1

Building Info

# Fireplaces: 1 # Stories: 2 # Floors: 2 # Heating Units: 3 # Water Heaters: 3

Heat Fuel

Gas Bottled: 1 Oil: 1

Income & Expenses

Gross Income: 121980 Operating Expenses: 23709

Cooling

Heat Pump: 1

Floors

Wood: 1

Units

# of 1 BD Units: 1 # of 2 BD Units: 2 # of 3 BD Units: 1

Parking

11 - 20 Spaces: 1 Off Street: 1

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 2200 # Full Baths: 1 # 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

Utilities

Utilities On: 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

Gas

Bottled: 1

Unit 4

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1200 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: No Dedicated Gas Meter: No Dedicated Water Heater: No Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Sewer

Private Sewer: 1

Water

Private: 1

Driveway

Common: 1 Gravel: 1

Sold Info

Appraiser Email Address: larry@theappraisalcompany.us

Basement Entry

Doghouse: 1 Interior: 1

Water Heater

Oil: 1

Amenities

Animal Containment System: 1 Bathtub: 1 Fence: 1

Patio and Porch Features

Patio: 1 Porch: 1

Vehicle Storage

4+ Car: 1 Detached: 1

Contract Information

Status: Closed Original List Price: 1750000 Sold Price: $1,400,000 Current Price: $1,400,000

Status Change Info

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

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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