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Colleen Lundgren, M.S.

colleen@colleenlundgren.com +1(207) 671-6026

Listed by Joshua Cousineau Real Broker

$ 400,000

Est. payment | -/mo

3 Baths

2,240 SqFt

Save

$ 400,000

Est. payment | -/mo

Save

3 Baths

2,240 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,240 sqft

Price per Sqft $178

MLS Listing ID 1684319

Style Duplex

Full Baths 3

HOA Y/N No

Year Built 1900

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Source Maine Listings

Land Area 2240

Property Description

Live on the Kennebec River, steps from everything downtown Hallowell has to offer. All this with rental income to help pay the mortgage. This two-unit property combines water frontage, in-town convenience, and strong rental income. Both units have been remodeled, the first floor was completely redone in 2024 and the exterior has just been painted. Each unit has new appliances, new flooring, new kitchen cabinets and new electrical. The one-bedroom, first floor, unit features hardwood flooring and a private deck overlooking the river, and it can come fully furnished. The second unit is a two-story, four-bedroom, two-bath with hardwood floors on the first floor, beautifully remodeled bathrooms, and a washer and dryer included. A boat launch nearby gives you easy river access, and downtown shops and restaurants are within walking distance from your front door. The property is located in the Downtown district, which allows for business use and opens the door to live-work arrangements, office space, or a storefront (confirm exact use with CEO). Whether you're an investor looking for steady and profitable rental income or an owner-occupant who wants to live on the river and let the other unit help pay the mortgage, this is a rare find in downtown Hallowell. Also listed as single family MLS #1684605

Location

State ME

County Kennebec

Zoning Downtown District

Direction Downtown Hallowell

Body of Water Kennebec River

Rooms

Basement Interior Entry, Walk-Out Access, Full, Unfinished

Interior

Interior Features 1st Floor Bedroom, Shower

Heating Oil, Propane, Baseboard, Hot Water, Zoned

Cooling None

Flooring Laminate, Vinyl, Hardwood

Furnishings Partially

Fireplace No

Window Features Double Pane Windows

Laundry Main Level, Upper Level, Washer Hookup

Exterior

Parking Features Paved, 1 - 4 Spaces, On Site, Other Parking

Waterfront Description Deeded,River/Brook/Stream,Waterfront Tidal

View Scenic

Roof Type Shingle

Porch Deck

Garage No

Building

Lot Description Business District, Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Open Lot, Rolling Slope, Sidewalks

Story 2

Foundation Stone, Granite, Brick/Mortar

Water Public

Architectural Style Federal

Level or Stories 2

Schools

School District Rsu 02

Others

Tax ID HALL-000009-000000-000193

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 671-6026

colleen@colleenlundgren.com

63 Federal St, Portland, ME 04101, USA

230 Water ST Hallowell, ME 04347