44 Memory Lane, Arundel, ME, 04046

44 Memory Lane, Arundel, ME, 04046

1996

4,262 sqft

Exceptional investment opportunity! This 4-property multi-family package on 14 acres in Arundel includes a duplex, two single-family homes, and a vacant, ready to build 2 acre plot of land. All situated on expansive land in a thriving community close to Kennebunk and Biddeford. The duplex, set on 7.83 acres, features two 2-bedroom, 1-bath units with separate utilities for easy management. Each unit boasts comfortable living space, and a shed for additional storage, making it ideal for rental income or family living. The duplex can also be subdivided to sell an extra 3 acres of land. The package also includes two single-family homes, each with 2 bedrooms and 1 bathroom. Each home is nestled on 2 acres and includes a spacious deck, perfect for outdoor relaxation, along with a full basement offering additional storage or expansion potential. Both provide cozy living with ample land for privacy and future growth. This unique package offers a total of 14 acres across all properties an excellent opportunity to own substantial land in a growing town with promising returns. Whether you're an investor seeking rental income or a buyer with extended family needs, this multi-property package is a rare find that combines comfortable living spaces, abundant land, and exceptional value. Each property has a separate deed so 4 deeds will be transferred at closing.


Status:

Active

Type:

Commercial

Units:

4

Zoning:

R-3

Heating:

Hot Water, Baseboard

Basement:

Walk-Out Access, Full, Unfinished

Parking:

1 - 4 Spaces, 5 - 10 Spaces

Acreage:

14.11

Est. Taxes:

$8,411

Construction

Vinyl Siding, Wood Frame

Lot Description:

Near Airport, Rural

MLS #:

1609865


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Keller Williams Realty Partner