8 Railroad Avenue

Kennebunk, ME 04043
Baths
2
Square Ft.
1,554
$1,450,000
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 diningRead MoreRead Less
Market LogoCourtesy of Keller Williams Realty 207-650-6176
Listing Snapshot
Days Online
285
Last Updated
Full Baths
2
Square Ft.
1,554
Lot Size
0.11 Acres
Year Built
1955
MLS Number
1598842
Additional Details
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Crawl Space", "Sump Pump", "Exterior Only", "Unfinished"
Building
Architectural Style: "Cottage", "Ranch", Building Area Total: 1,554, Construction Materials: "Vinyl Siding", "Wood Frame", Number Of Units Total: 2, Year Built: 1955
Cooling
Cooling Included, Cooling: "Heat Pump"
Expenses
Operating Expense: $35,926
Exterior Features
Patio And Porch Features: "Deck", "Porch", Patio And Porch Features: "Deck", "Porch"
Floors
Flooring: "Vinyl"
Foundation
Foundation Details: "Concrete Perimeter"
Heating
Heating: "Heat Pump", "Baseboard", Heating Included
Income
Gross Income: $113,008
Interior Features
Features: "One-Floor Living", "Shower"
Laundry
Features: "Laundry - 1st Floor", "Main Level"
Lot
Features: "Well Landscaped", "Level", "Near Golf Course", "Near Public Beach", "Near Shopping", "Near Town", "Neighborhood", 0.11 acres, Area: 0.11, 4,792 square feet
Parking
Features: "1 - 4 Spaces", "Gravel", "Off Street", "On Street"
Property
Other Structures: "Shed(s)", Parcel Number: KENB-000095-000000-000052, Zoning: Coastal Residential
Roof
Roof: "Composition", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $9,031, Tax Lot: 52
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
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30 Days Snapshot Of 04043
$737k
+25%
(avg) sold price
18
+38%
homes sold
48
+9%
(avg) days on market
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.