Listing

Untitled listing

Specialty

132 2nd Street, Hallowell, ME 04347

69 photos
Specialty For Sale
Asking
$650,000
Listing Details
Type
Sale
Status
Active
Asking Price
$650,000
Cap Rate
5.91%
List Date
Oct 16, 2026
Expiration
Apr 1, 2027
Days on Market
3
Financing Available
No
Sale NOI
$38,393
Sale Total Expenses
$22,703
Sale Gross Income
$61,096
Owner Occupied
No
Tax Amount
$2,840
Tax Year
2025
Last Verified
Oct 2, 2026
Agent Ownership Interest
No

Own a piece of Hallowell's charm at the Hallowell Historic Rooming House, a distinctive hospitality property at 132 Second Street in the heart of downtown. Set up for short-term rentals with six rentable guest rooms plus one full apartment, and a strong rental history, this B&B-style property offers an established setting for welcoming visitors to one of Maine's most charming riverfront communities. Downtown restaurants, shops, galleries, and the Kennebec River waterfront are close at hand, making the location a central part of the guest experience. Inside, exposed beams, wood ceilings, brick accents, and wood floors create the warmth and personality guests seek in a memorable Maine getaway. Individually appointed rooms feature adjoining bathrooms, while the main kitchen offers dark cabinetry, stainless steel appliances, and an apron-front sink. A welcoming dining and gathering area provides space to connect and unwind. The top-floor unit includes its own kitchen, living area, bedroom, and bathroom, plus a private balcony with views of the Kennebec River—a standout retreat above downtown. The lower level adds a fitness space, wood-lined sauna, bathroom facilities, and laundry. Paved parking, a metal roof, solar panels, and multiple heat pumps further enhance the property. With an established rental history, distinctive architecture, and a downtown location that puts Hallowell's appeal within easy reach, the Hallowell Historic Rooming House offers a compelling opportunity to carry forward a welcoming local destination.

Contact
MP
Matt PouliotPrimary
Pouliot Real Estate
Location