Multi-Family for Sale: 8 Railroad Avenue, Kennebunk, ME 04043

2 full baths
$1,450,000
$1,450,000
8 Railroad Avenue, Kennebunk, ME 04043
2 full baths
$1,450,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Virtual Tour
Floor Plans
Price:
$1,450,000

Type Multi-Family
Style Cottage, Ranch
Total Baths 2 full baths
Square Feet 1,554 sqft
Lot Size 0.11 acres
Year Built 1955
Taxes Paid $9,031

City Kennebunk
County York

MLS 1598842
Status Active
Are you in search of a rare investment opportunity in Kennebunk? Look no further than 8 Railroad, an exquisite cottage compound featuring TWO three-bedroom units just steps from the white sands of Kennebunk's Mother's Beach and a short trip to the charming downtown. Currently generating substantial annual cash flow as short-term rentals, these cottages offer the flexibility to be rented out or occupied separately. Both cottages are meticulously curated with fine furniture, lighting, cabinetry, counters, appliances, and artwork. The attention to detail is reminiscent of yacht design, with everything thoughtfully placed, creating a subtle, high-end nautical ambiance. The front cottage, 'Fairview,' opens into a lovely living space that connects to an eat-in kitchen with open shelving. A discreet hallway houses a full-size washer and dryer, leading to a barn door that opens to the bathroom. The side bedroom features a queen-size bed, the second bedroom is equipped with bunk beds, and the primary bedroom offers a king-size bed, all with premium mattresses and a soothing blue and white color scheme. Around the side, you'll find the entrance to 'Seabreeze,' which boasts a private yard and deck space. The entryway leads directly into a kitchen with an eat-in dining table. To the left, a gorgeous living room continues the nautical theme. The hallway reveals a room with a twin trundle bed, ideal for young guests, and a stackable washer and dryer. The spacious bathroom includes a glass door shower, offering more space than typical cottages. The second bedroom has a queen-size bed, while the primary bedroom features a king-size bed and space for a reading chair. The backyard is perfect for outdoor enjoyment, with a picnic table and an array of Adirondack chairs scattered across the property for soaking in the glorious summer days. This property is highly popular as a rental, boasting numerous returning guests and glowing online reviews. Financials available upon request.

Room Features

Basement Description Crawl Space, Unfinished, Sump Pump, Exterior Only

Virtual Tours for 8 Railroad Avenue Kennebunk, ME

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $9,031

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 6
Unit 2 Full Baths 1
Unit 2 of Bedrooms 3
Unit 2 of Rooms 6

Price History of 8 Railroad Avenue, Kennebunk, ME

Date Name Price Difference
08/01/2024 Listing Price $1,450,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 8 Railroad Avenue, Kennebunk, ME

Location Map Street View
Photo of Keating & Co Realty
Direct: 603-785-3907
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Keller Williams Realty, Holly Mitchell 207-879-9800
$
20%
0.6228275862069%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

8 Railroad Avenue (MLS #1598842) is a cottage, ranch multi-family listing located in Kennebunk, ME. This multi-family listing is 1,554 sqft and on a lot of 4,792 sqft (or 0.11 acres) and is 69 years old. This property was listed on 07/31/2024 and has been priced for sale at $1,450,000.

Nearby zip codes are 04046 and 04090. This property neighbors other cities such as Arundel, Kennebunk Port, Kennebunkport and Wells.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and 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. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.