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Property view

75 Water Street, 
Hallowell, ME 04347

$2,900,000

—

Bed

40

Baths

45,505

Sq Ft

Multi-Family

Sold

Listed by

Daniel Hildebrandt

Bought with Spectrum Real Estate

Allmainehomes, LLC.

MLS#

1598564

Source:

ME MREIS

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About This Home

75 Water Street

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.

Home Facts

Multi-Family

40 Baths

Built in 1860

Price Summary

4,801,500

$105 per Sq. Ft.

MLS #:

1598564

Sold:

January 9, 2025

Rooms & Interior

Bathrooms

Total Bathrooms:

40

Full Bathrooms:

31

Interior

Living Area:

45,505 Sq. Ft.

Structure

Structure

Architectural Style:

Cape, Colonial, Farmhouse, Multi-Level, Ranch

Building Area:

45,505 Sq. Ft.

Year Built:

1860

Lot

Lot Size (Sq. Ft):

238,273

Finances & Disclosures

Finances

Price:

$4,801,500

Price per Sq. Ft:

$105 per Sq. Ft.

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