75 Water StreetHallowell, ME 04347MLS Number 1598564

  • Price: $4,801,500
  • Est. Mortgage of $/month
  • 42 Days on Market
PrintSave Favorite
$
$
%
$/month over payments
Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active with Contract
75 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 0434775 Water Street Hallowell ME 04347
QR Code
  • 40Bathrooms
  • 5.47Acreage
  • 45,505Square Feet
Incredible opportunity to secure your future as an area landlord with 45 residential units and 6 commercial units between Augusta, Gardiner, Hallowell, Chelsea, and Edgecomb. Plenty of existing cash flow to start with almost no vacancies currently. Property management in place. This portfolio has huge cash flow growth potential with many rents below market. See attachments for the property details, recent upgrades, and property nuances / specifics. 'Interior Information' in listing is incomplete, please see attachments for full details, disclosures, income/expenses.
Listed by AllMaineHomes

Driving Directions

Ask A Question

Do not fill in this field:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Basic Information

  • Gross Income $640,000

Rooms

  • Bathroom40
  • Full Bath31
  • Half Baths9

Location

  • Address75 Water Street
  • Building Number75
  • CountyKennebec
  • DrivewayCommon, Gravel, Paved
  • Latitude44.287803
  • Longitude-69.790119
  • StateME
  • StreetWater Street
  • TownHallowell
  • Zip04347

Interior

  • Flooring
    • Carpet
    • Concrete
    • Laminate
    • Tile
    • Vinyl
    • Wood

Utilities

  • Electric Circuit Breakers
  • Gas Bottled, Natural - At Street
  • Heat System
    • Baseboard
    • Direct Vent Furnace
    • Direct Vent Heater
    • Forced Air
    • Heat Pump
    • Hot Water
    • Multi-Zones
    • Radiator
  • Heating FuelElectric, Gas Bottled, Gas Natural, Oil, Propane
  • Heating YN Yes
  • Sewer Private Sewer, Public Sewer, Septic Existing on Site
  • Utilities Utilities On
  • Water HeaterElectric
  • Water Source Private, Public, Well

Legal

  • ZoningDOWNTOWN

Other

  • Date Listed07/30/2024
  • Recreational Water Nearby
  • View Count466

Tax Information

  • Tax Book Number 2838
  • Tax Lot153
  • Tax Map Number 5
  • Tax Year 2023
  • Taxes$46,502

Building

  • Above Grade Finished Area 45,505
  • Basement
    • Bulkhead
    • Crawl Space
    • Daylight
    • Dirt Floor
    • Exterior Entry
    • Exterior Only
    • Full
    • Interior Entry
    • Partial
    • Unfinished
    • Walk-Out Access
  • Building Construction
    • Brick
    • Clapboard
    • Shingle Siding
    • Vinyl Siding
    • Wood Frame
    • Wood Siding
  • Foundation
    • Block
    • Brick/Mortar
    • Concrete Perimeter
    • Granite
    • Pillar/Post/Pier
    • Slab
    • Stone
  • GarageYes
  • Garage Spaces8
  • Property StyleColonial, Cape, Farmhouse, Multi-Level, Ranch
  • Units46
  • Units Numof 1 Bd Units 22
  • Units Numof 2 Bd Units 20
  • Units Numof 3 Bd Units 4
  • Year Built1860

Amenities

  • Cooling Heat Pump
  • Cooling YN Yes
  • Mls StatusActive Under Contract
  • Other AmenitiesBasement, Fireplace, Water View

Water Body

  • Water Body NameKennebec River
  • Water Body TypeRiver
  • Waterfront Features River

Parking

  • Parking Features 21+ Spaces, Gravel, Paved, Common, Detached, Off Street, On Street

Basic Information

  • Agent ID016991
  • Broker ID1081
  • Broker NameAllMaineHomes
  • List Price$4,801,500
  • LocationTypeBusiness District, Intown, Near Shopping
  • MLS Number1598564
  • Modification Date08/29/2024
  • Property TypeResidential Income

Property

  • Lot Size SourcePublic Records
  • Road FrontagePaved, Public
  • Vehicle StorageDetached
  • Water ViewYes

Exterior

  • Exterior Brick, Clapboard, Shingle Siding, Vinyl Siding
  • Roof
    • Flat
    • Membrane
    • Metal
    • Pitched
    • Shingle
    • Slate

Property Information

  • Acreage5.47
  • Lot Features Corner Lot, Level, Sidewalks, Intown, Near Shopping
  • Lot Size Area 5
  • Lot Size Square Feet 238,273
  • Lot Size Units Acres
  • Patio And Porch Features Deck, Patio, Porch
  • Site Corner Lot, Level, Other Site, Sidewalks
  • Square Feet45,505

Photos

  • Number of Photos34

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. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2024 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.