75 Water Street, Hallowell ME, 04347

Active under contract

75 Water Street

Hallowell ME, 04347

$4,801,500

Active under contract

40 Baths

45,505 sqft

Multi-family

Built in 1860

Courtesy of AllMaineHomes

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.

1598564

MLSⓇ ID

July 30, 2024

Listed

November 22, 2024

Updated

Map

75 Water Street
Hallowell ME, 04347

Interior Features

Total Bathrooms: 40
Full Bathrooms: 31
Half Bathrooms: 9
Floor Description: Wood, Vinyl, Tile, Laminate, Concrete, Carpet
Fireplace: No
Cooling: Yes
Cooling Description: Heat Pump
Heating: Yes
Heating Description: Radiator, Multi-Zones, Hot Water, Heat Pump, Forced Air, Direct Vent Heater, Direct Vent Furnace, Baseboard

Exterior/Building Features

Lot Size: 5.47 Acres
Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Shopping
Architectual Style: Colonial, Cape, Farmhouse, Multi-Level, Ranch
Roof: Flat, Membrane, Metal, Pitched, Shingle, Slate
Sewer: Private Sewer, Public Sewer, Septic Existing on Site

Other Property Details

Taxes: $46,502
Tax Frequency: Annually
Garage: Yes
Garage Spaces: 8
Parking: 21 Spaces, Gravel, Paved, Common, Detached, Off Street, On Street
View: No
County: Kennebec
Water Source: Private, Public, Well
Pool: No
Zoning: Downtown

Listing History

Date	Event	Price
8/27/2024	Under contract	—

Listing Contact: 207-679-7389

Courtesy of AllMaineHomes

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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Michele Perejda shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 1:35 PM UTC, 11/22/2024