Multi Family

Multi-Family for Sale
Catylist Listing ID: 30848145
Number of Units: 6 Units
Building Size (RSF): 15,708 SF
Gross Building Area: See Agent
Sale Price: $3,300,000
Unit Price: $550,000 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/1/2023

Overview / Comments

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 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 must see!! 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

Additional Details

Nearest MSA: Augusta-Waterville
County: Kennebec
Tax ID/APN: Map 9 / Lot 121

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,527 19,001 30,929
Median Age: 48.02 43.42 43.56
Households: 807 8,610 13,943
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