75 Water Street, Hallowell, ME, 04347 | $4,801,500

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.

Features

  • Baths: 31 full / 9 half
  • Units: 46
  • Style: Colonial, Cape, Farmhouse, Multi-Level, Ranch
  • Year Built: 1860
  • Garage: 8-car
  • Heating: Radiator, Multi-Zones, Hot Water, Heat Pump, Forced Air, Direct Vent Heater, Direct Vent Furnace, Baseboard
  • Cooling: Heat Pump
  • Basement: Bulkhead, Dirt Floor, Walk-Out Access, Crawl Space, Daylight, Full, Partial, Exterior Entry, Interior Entry, Exterior Only, Unfinished
  • Approx Sq. Feet: 45,505
  • Acreage: 5.47
  • Est. Taxes: $46,502
  • Lot Desc: Corner Lot, Level, Sidewalks, Intown, Near Shopping
  • MLS#: 1598564
  • Website: https://www.raveis.com
    /prop/1598564/75waterstreet_hallowell_me?source=qrflyer
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Listing courtesy of AllMaineHomes

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