211 Water St - Apartments FOR SALE


Hallowell, ME 04347
$3,100,000 USD
207-623-1123
211 Water St, Hallowell, ME for Sale
$3,100,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

211 Water St
Hallowell, ME 04347


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

6

PRICE/UNIT

$516,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

-

APN/PARCEL ID

HALL-000009-000000-000121

ASK ABOUT THIS PROPERTY

James PepinSprague & Curtis Real EstateMore Info
207-623-1123

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James PepinSprague & Curtis Real EstateMore Info
207-623-1123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.