75 Water Street, Hallowell, ME 04347

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$4,801,500

MLS#: 1598564

35.5 Bath

Type: Multi-family
Lot Size: 5.47 Acres
Year Built: 1860
Square Feet: 45,505

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Property Details

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.

Property Listed by: AllMaineHomes

Home Features

Bathrooms:

35.5

Below Grade Finished Area ±:

Above Grade Finished Area ±:

45505

Basement:

Construction:

Year Built:

1860

Roof:

Heating:

Cooling:

Land Features

Electric:

Circuit Breakers

Lot Size ±:

5.47

Road Surface Type:

Paved

Sewer:

Private Sewer, Public Sewer, Septic Existing on Site

Water Body:

Kennebec River

Water Frontage:

River

Zoning:

Downtown

Map (approximate)

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.