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44 Memory LaneArundel, ME 04046MLS Number 1608923

  • Price: $399,000
  • Est. Mortgage of $/month
  • 27 Days on Market
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Federal 30-year interest rate: 6.81% last updated on Nov 27, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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44 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 0404644 Memory Lane Arundel ME 04046
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  • 7.83Acreage
  • 2Bathrooms
  • 1996Year Built
  • 1,760Square Feet

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Explore the incredible potential of this 2-unit duplex on a sprawling 7.83-acre lot! Each unit features 2 bedrooms and 1 bathroom, with separate utilities for seamless management—ideal for rental income, multigenerational living, or investment purposes. The large lot not only provides privacy and ample space but also offers the opportunity to subdivide, creating an additional lot that could yield an estimated $150,000. With spacious living areas and functional layouts in each unit, this duplex provides comfort and convenience for tenants or family members alike. The expansive land invites outdoor activities, future development, or even expansion possibilities. This property combines immediate rental income potential with the added benefit of land value appreciation and development. Selling at a 10.4% cap rate with the option to subdivide the lot offers tremendous investment potential!
Listed by Keller Williams Realty

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More Info

Basic Information

  • Gross Income $48,000

Rooms

  • Bathroom2
  • Full Bath2

Location

  • Address44 Memory Lane
  • Building Number44
  • CountyYork
  • DrivewayGravel, Other
  • Latitude43.448686
  • Longitude-70.486233
  • StateME
  • StreetMemory Lane
  • TownArundel
  • Zip04046

Interior

  • Flooring Vinyl, Tile, Laminate
  • Interior Features 1st Floor Bedroom, Bathtub, In-Law Floorplan, One-Floor Living, Storage

Amenities

  • Amenities
    • 1st Floor Bedroom
    • Bathtub
    • In-Law Apartment
    • Laundry - Hookup
    • One-Floor Living
    • Storage
  • Mls StatusActive
  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningR-3

Other

  • Date Listed11/08/2024

Tax Information

  • Tax Book Number 9721
  • Tax Lot20
  • Tax Map Number 1
  • Tax Year 2024
  • Taxes$3,079

Building

  • Above Grade Finished Area 1,760
  • BasementNot Applicable
  • Building ConstructionVinyl Siding, Wood Frame
  • FoundationConcrete Perimeter
  • Property StyleDuplex
  • Units2
  • Units Numof 2 Bd Units 2
  • Year Built1996

Utilities

  • Electric Circuit Breakers
  • Heat SystemHot Water, Baseboard
  • Heating FuelK-1/Kerosene
  • Heating YN Yes
  • Laundry Features Washer Hookup
  • Sewer Private Sewer
  • Utilities Utilities On
  • Water HeaterOff Heating System
  • Water Source Private

Photos

  • Number of Photos34

Parking

  • Parking Features 5 - 10 Spaces, Gravel, Other

Basic Information

  • Agent ID023423,023392
  • Broker ID1898
  • Broker NameKeller Williams Realty
  • List Price$399,000
  • LocationTypeNear Town, Near Turnpike/Interstate, Rural
  • MLS Number1608923
  • Modification Date11/30/2024
  • Property TypeResidential Income

Property

  • Lot Size SourcePublic Records
  • Road FrontageGravel/Dirt, Private

Exterior

  • Exterior Vinyl Siding
  • RoofShingle

Property Information

  • Acreage7.83
  • Lot Features Level, Near Turnpike/Interstate, Near Town, Rural
  • Lot Size Area 7
  • Lot Size Square Feet 341,074
  • Lot Size Units Acres
  • Patio And Porch Features Deck
  • Site Level
  • Square Feet1,760

Arundel, ME Demographics

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Arundel, ME Real Estate Market Data

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Arundel, ME Schools

School NameDistanceTypeGrades
Gosselin Realty Group

Your Local Office

More Info »
Gosselin Realty Group
Office: 207-363-2414
647 US Route One
Suite 210, PO Box 393
York, ME 03909

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Gosselin Realty Group participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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