642 Limerick Road, Arundel, ME 04046 (MLS # 1661869)

PRICE $825,000 BEDS 0 BATHS 5 HOME SIZE 3,570 sqft LOT SIZE 3.00 ac Request More Info Schedule a Showing

Exceptional investment opportunity in the heart of Arundel. Set on approximately 3 acres, this versatile multi-unit property features 4 residential units, including a spacious 3-bedroom unit, along with 8 garage bays offering excellent additional income potential, storage, workshop space, or flexibility for a variety of uses. Whether you're looking to offset expenses through rental income, expand your portfolio, or secure a property with strong cash flow potential in a highly convenient Southern Maine location, this property offers flexibility and multiple income streams already in place. Extensively improved over recent years, the property has seen numerous updates including roofing improvements, exterior paint and siding work, septic upgrades, heating and hot water system updates, water treatment additions, regrading, and renovations to multiple units, helping position the property as a strong opportunity for both investors and owner occupants alike. Conveniently located just minutes from downtown Biddeford, shopping, restaurants, and everyday amenities including Target, while also offering easy access to the beaches of both Biddeford and Kennebunk. Approximately 20 minutes to Portland and about 1 hour 15 minutes to Boston. Arundel residents currently have school attendance options that may include Kennebunk High School, Biddeford High School, or Thornton Academy. Buyers are encouraged to verify enrollment details directly with the applicable school departments. A rare combination of acreage, garage space, income potential, and location in one of Southern Maine's most convenient locations!