Hallowell ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
5,000
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.67 Acres
Year built:
1824
Baths:
6.00
MLS#:
1611769

ADDITIONAL INFORMATION

Hallowell's former Church complex is now available for sale, offering a unique and versatile property in a prime in-town location. Comprising three distinct buildings - The Main Building, The Chapel, and the Parsonage - along with ample parking and meticulously maintained gardens, this property presents a rare opportunity for discerning buyers. Each building has undergone extensive upgrades and renovations in recent years, ensuring modern functionality while preserving the historical charm. The Main Building features a spacious 60x40 living room, which was once the sanctuary of the old church, adorned with original stained and rippled glass windows that flood the space with natural light. The second story living area offers a flexible layout, including a sleeping and living area, a generous dressing room, and an office with a view into the main hall, providing potential for various uses and configurations. The Chapel has been thoughtfully converted into a one-bedroom, one-level home, suitable for both long-term and short-term rentals, offering a unique and intimate living space. Meanwhile, the Parsonage presents a four-bedroom, one and a half bath rental unit, showcasing an updated kitchen with concrete countertops, original molding, and wide pine plank floors, blending modern amenities with classic character. With its ideal location just 2 blocks from downtown Hallowell, this property presents a myriad of possibilities for commercial or residential use, making it a compelling investment opportunity.

Type:
Multi-Family
Sq.Ft.:
15,708
Status:
Active
Beds:
n/a
Lot size:
0.51 Acres
Year built:
2022
Baths:
24.00
MLS#:
1610778

ADDITIONAL INFORMATION

A Real Trophy Property!!! Hallowell 6-unit Townhouse located on Water Street in the very popular downtown village! Nice views of the Kennebec River, exceptional units - loaded with amenities: 3 levels, each unit is identical and has 4 bedrooms, 3.5 baths, 2,610 SF of living area, full length lower level heated garage, beautiful maple kitchen with center island and granite counters,(fully applianced including washers and dryers) 2 master bedrooms - one on each level, large living room with stately while round columns, pretty hardwood flooring, ceramic tile in the baths, very elegant throughout, front decks, huge master bedroom suite with amazing 12 foot high ceilings and balcony,(very special and what a view!)) ample closets, each unit has heat pumps and a natural gas boiler, (very heat efficient) back patio area, good storage in garage/basement, more. Tenants pay all utilities including water and sewer. Units can also be sold separately as condominiums. Property taxes are scheduled to go down in Hallowell in 2025. A true one of a kind property! Broker owned. Makes a great owner occupied property!

Type:
Multi-Family
Sq.Ft.:
16,916
Status:
Active
Beds:
n/a
Lot size:
0.34 Acres
Year built:
1860
Baths:
14.00
MLS#:
1607714

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
45,505
Status:
Active
Beds:
n/a
Lot size:
5.47 Acres
Year built:
1860
Baths:
40.00
MLS#:
1598564

ADDITIONAL INFORMATION

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.

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.



Hallowell Real Estate

The median home value in Hallowell, ME is $450,000. This is higher than the county median home value of $274,300. The national median home value is $338,100. The average price of homes sold in Hallowell, ME is $450,000. Approximately 45.87% of Hallowell homes are owned, compared to 45.94% rented, while 8.19% are vacant. Hallowell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hallowell real estate agent to arrange a tour today!

Hallowell, Maine has a population of 2,542. Hallowell is less family-centric than the surrounding county with 23.04% of the households containing married families with children. The county average for households married with children is 24.69%.

The median household income in Hallowell, Maine is $57,250. The median household income for the surrounding county is $58,097 compared to the national median of $69,021. The median age of people living in Hallowell is 42 years.

Hallowell Weather

The average high temperature in July is 78.8 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 45.1 inches per year, with 69.3 inches of snow per year.

Hallowell Real Estate Market Conditions

  • Median sales price

    $450,000
    20.6% change since last quarter
  • # Active listings

    24
    30-day change

Hallowell Schools and Demographics

Education near Hallowell, ME

Metric City County
High School Graduates 95.14 93.79
College Degree - 2 year 9.51 10.1
College Degree - 4 year 48.79 29.71
Graduate Degree 17 7.61
Expenditures per Student 16,335 16,335
Students per Teacher 11.9 11.9

Elementary Schools near Hallowell, ME

School Grades Students P/T Ratio ZIP
Chelsea Elementary School PK - 08 253 11.5 04330
Farrington School KG - 06 352 13.2 04330
Hall-Dale Elementary School PK - 05 369 12.2 04347
James H Bean School PK - 05 273 13.2 04330
Lillian Parks Hussey School KG - 06 284 16.6 04330
Lincoln School KG - 06 281 12.7 04330
Manchester Elementary School PK - 05 186 11.8 04351
Sylvio J Gilbert School PK - 06 323 13.1 04330
Teresa C Hamlin Elementary School PK - 05 87 12.6 04346

Middle Schools near Hallowell, ME

School Grades Students P/T Ratio ZIP
Hall-Dale Middle School 06 - 08 213 12 04344

High Schools near Hallowell, ME

School Grades Students P/T Ratio ZIP
CONY 07 - 12 1,011 16 04330
Hall-Dale High School 09 - 12 328 12.2 04344

Ungraded Schools near Hallowell, ME

School Grades Students P/T Ratio ZIP
Capital Area Technical Center UG - UG 0 0 04330

Demographics near Hallowell, ME

Metric City County
Neighborhood Type Small town
Population 2,542 123,293
Population Density 433 142
Median Age 42 44.1
People per Household 1.9 2.3
Median Household Income 57,250 58,097
Average Income per Capita 38,225 32,854