Hallowell ME Multi Family for Sale

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Step inside these charming fully renovated 3 bedroom, 1.5 bath townhouses conveniently located within walking distance to the vibrant downtown Hallowell. This property boasts an impressive 4-car oversized garage, providing ample space for vehicles and storage. Currently 11 Summer street is operating as a successful Airbnb rental with bookings through the end of 2024 and 9 Summer street is rented long term to a tenant at $2,500 a month, this property is an ideal investment. 11 Summer street is being sold fully furnished with tasteful and modern decor. Whether you're looking for a turnkey rental opportunity or a beautifully appointed home close to all the amenities of downtown, these townhouses offer both comfort and convenience in one package.

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.

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.

ADDITIONAL INFORMATION

New Hallowell 6-unit Luxury Townhouse Condo building located on Water St in the very popular Downtown Village! Sweeping views of the Kennebec River, directly across from the boat landing, right on the Kennebec River Rail Trail, and a short distance to nearby restaurants, shops, etc. Fabulous condo units - loaded with pleasing features and great amenities. All units are identical, and have separate utilities, large and spacious, 4 bedrooms, (2 masters - one on each level) 3.5 baths, 2,618 SF of living area in each unit, large and heated & finished 1,200 SF - 58-foot long garage/lower level with parking for multiple vehicles and plenty of storage area with workshop/hobby area potential. Open interior with beautiful maple kitchen with center island - granite counters and a gas range, expandable dining area with distinctive and pretty white round columns, spacious living room with sliders to front deck and nice views, 1st level guest suite or office. Upper level features a HUGE master suite with amazing 12-foot-high cathedral ceilings and a balcony, (what a view!!!) bedrooms 3 and 4 along with a spacious hallway and a common bath. Lots of wonderful features: beautiful hardwood floors, ceramic tile in all baths, an abundance of closet space, each unit has heat pumps and a Natural Gas BBHW boiler (very efficient) with separate water/sewer, back patio area, level entrance from the back of the unit, much more. Very elegant throughout with excellent finish work. The very best rental property in Central Maine - nothing else like it - special and one-of-a-kind property. A real trophy property!!! Some units are completed, and the others will be done by the end of the summer. (Cost is $210 per SF.) Broker owned. Model Unit #5 Units can also be sold separately as condos.