75 Water Street Hallowell, ME
$4,801,500
Baths 40
Square Footage 45,505
Acres 5.47
Description
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, Daniel Hildebrandt 207-623-2100
Details
MLS 1598564
Status Active Under Contract
Price $4,801,500
DOM 135 days
Type Multi-Family
Style Cape, Ranch, Multi-Level, Farmhouse, Colonial
Total Baths 31 full, 9 half baths
Square Feet 45,505 sqft
Lot Size 5.47 acres
Year Built 1860
Taxes Paid $46,502
Lot & Building Features
Cooling Heat Pump
Tax Year 2023
Taxes Paid $46,502
Room Details
Basement Description Bulkhead, Walk-Out Access, Unfinished, Partial, Interior Entry, Full, Exterior Only, Exterior Entry, Dirt Floor, Daylight, Crawl Space
Unit Features
Unit 1 Full Baths 1
Unit 1 of Bedrooms 1
Unit 1 of Rooms 3
Unit 2 Full Baths 1
Unit 2 of Bedrooms 2
Unit 2 of Rooms 4
Unit 3 Full Baths 1
Unit 3 of Bedrooms 1
Unit 3 of Rooms 3
Unit 4 Full Baths 1
Unit 4 of Bedrooms 1
Unit 4 of Rooms 3
Unit 5 Full Baths 1
Unit 5 of Bedrooms 1
Unit 5 of Rooms 3
Unit 6 Full Baths 1
Unit 6 of Bedrooms 1
Unit 6 of Rooms 3
Unit 7 Full Baths 1
Unit 7 of Bedrooms 1
Unit 7 of Rooms 3
Unit 8 Full Baths 1
Unit 8 of Bedrooms 2
Unit 8 of Rooms 4
Unit 9 Full Baths 1
Unit 9 of Bedrooms 1
Unit 9 of Rooms 4
Unit 10 Full Baths 1
Unit 10 of Bedrooms 2
Unit 10 of Rooms 4
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.