44 Memory Lane, Arundel, ME 04046 (MLS # 1608923)
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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!
| LAST UPDATED | 11/30/2024 | YEAR BUILT | 1996 |
|---|---|---|---|
| COUNTY | York | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | None |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard, Hot Water |
| INTERIOR | In-Law Floorplan, Storage |
| LOT | 7.83 acre(s) |
| LOT DESCRIPTION | Level |
| MLS STATUS | Active |
| PARKING | Gravel, Other |
| SEWER | Private Sewer |
| STYLE | Duplex |
| TAXES | 3079 |
| WATER | Private |
| ZONING | R-3 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Keller Williams Realty
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.© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2025.
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