44 Memory

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Property Description:

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 $100,000 in profit. 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. Don’t miss this unique investment opportunity!

Price:
$450,000
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Address: 44 Memory LaneCity: Arundel
State: MEBaths: 2
Bathrooms Full: 2Building Area Total: 1760

Features

Basement: None, Not ApplicableConstruction Materials: Vinyl Siding, Wood Frame
Cooling: NoneElectric: Circuit Breakers
Flooring: Vinyl, Tile, LaminateFoundation Details: Concrete Perimeter
Heating: Hot Water, BaseboardInterior Features: 1st Floor Bedroom, Bathtub, In-Law Floorplan, One-Floor Living, Storage
Lot Size Square Feet: 267022.8Parking Features: 5 - 10 Spaces, Gravel, Other
Roof: ShingleSewer: Private Sewer
Water Source: PrivateYear Built: 1996

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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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.