Closed

$3,100,000

71 Water Street, Hallowell, ME 04347

45beds

32,282sqft

Multi Family

Built in 1900

-- sqft lot

$3,212,700 Zestimate^®

$96/sqft

$1,221 Estimated rent

Home value

$3,212,700

$2.54M - $4.02M

$1,221/mo

Zestimate^® history

Owner options

List your home for rent

$1,221/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

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$1,221/mo

Rent Zestimate^®

Refinance and save

$15,741/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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$15,741/mo

Est. payment

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What's special

Rare investment opportunity, 51 units on 5 properties. Conveniently located at 58 Winthrop Street in Augusta, 61 and 71 Water Street in Hallowell and Carr Lane and 44 Sheldon Street in Farmingdale. All properties have off street parking and coin operated laundry for tenants. All tenants have at will agreements and security deposits and pay their own electric. A great way to start or add to your portfolio!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 45
Bathrooms: 33
Full bathrooms: 32
1/2 bathrooms: 1

Heating

Baseboard, Hot Water, Zoned, Radiator

Cooling

Wall/Window Unit(s), None

Appliances

Laundry: Laundry - Coin

Features

Flooring: Laminate, Tile, Vinyl, Wood
Basement: Bulkhead,Doghouse,Exterior Entry,Sump Pump,Unfinished
Number of fireplaces: 10

Interior area

Total structure area: 32,282
Total interior livable area: 32,282 sqft
Finished area above ground: 32,282
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Common, Paved, Reclaimed, 21+ Spaces, On Site, Off Street, Detached
Garage spaces: 2

Features

Levels: Multi/Split
Stories: 3
Body of water: Kennebec River

Lot

Size: 9.09 Acres
Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot, Rolling Slope, Sidewalks, Wooded

Details

Zoning: Com/Res

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial,New Englander,Other
Property subtype: Multi Family

Materials

Other, Wood Frame, Vinyl Siding, Wood Siding
Foundation: Granite, Brick/Mortar
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & neighborhood

Location

Region: Hallowell

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
7/25/2024	Sold	$3,100,000-11.4%$96/sqft
Source: Maine Listings #1580586 Report a problem
5/18/2024	Pending sale	$3,500,000$108/sqft
Source: Maine Listings #1580586 Report a problem
3/9/2024	Contingent	$3,500,000$108/sqft
Source: Maine Listings #1580586 Report a problem
3/1/2024	Listed for sale	$3,500,000$108/sqft
Source: Maine Listings #1580586 Report a problem
1/18/2024	Pending sale	$3,500,000$108/sqft
Source: Maine Listings #1580586 Report a problem
1/17/2024	Listed for sale	$3,500,000$108/sqft
Source: Maine Listings #1580586 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
12/26/2015	Listing removed	$475
Source: Owner Report a problem
11/5/2015	Listed for rent	$475
Source: Owner Report a problem
8/18/2015	Listing removed	$475
Source: Owner Report a problem
6/3/2015	Listed for rent	$475
Source: Owner Report a problem