Kennebunk Income Property
|Catylist Listing ID:
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
|Gross Land Area:
||$118,285.71 Per Unit
|Property Use Type:
||Cash to Seller
Overview / Comments
Beautiful Greek Revival Colonial in Kennebunk Village. Walking distance to all town services and amenities. Just a stone's throw from the Mousam River.
This is an impossible to find 7-unit building in Kennebunk. Very strong rental market. Demand far exceeds supply in this attractive coastal town. Owners are in the process of adding two new exterior fire escapes and formalizing the Town approval of this building as a legal 7 unit. Looks to be a solid 8% Cap Rate!
It's currently demised nicely into two (2) two-bedroom apartments and five (5) one-bedroom apartments. Updates and improvements have been done. This attractive income property shows very well.
|Finance Data Year
|Real Estate Taxes - Annual($)
||Town of Kennebunk
||VR -- VILLAGE RESIDENTIAL
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