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About the Listing 3555 - 020722
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!
Listing Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
1661869
Year Built
1972
Total Square Footage
3,570
Lot/Acreage
3
County
York
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Electric,Gas Bottled,Propane,Baseboard,Direct Vent Heater,Zoned
- Fireplaces: 1
- Floor:
- Above Ground Sq Ft: 3570
- Below Ground Sq Ft: 0
- Basement: Not Applicable
- Other: Other Amenities,Walk-in Closets,1st Floor Bedroom,Bathtub,Storage
- Water: Private,Well
Exterior Details
- Lot Description: Open,Level,Wooded,Near Shopping,Near Turnpike/Interstate,Rural
- Garage Capacity: 8 car
- Zoning: R-2
- Roof: Membrane
- Others:
- Sewer: Private Sewer
- Parking Features: Auto Door Opener,Gravel,Paved,Detached,11 - 20 Spaces,Off Street
Financial Details
- Tax Amount: $4,631
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
642 Limerick Rd Arundel, ME 04046
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