Multi Family Complex
Multi-Family
for Sale
| Catylist Listing ID: |
30873202 |
| Property Subtypes: |
Duplex/Fourplex, Mixed Use
|
| Number of Units: |
4 Units |
| Building Size (RSF): |
5,000 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,300,000 |
| Unit Price: |
$325,000 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/19/2024 |
Overview / Comments
|
Hallowell's former Church complex is now available for sale, offering a unique and versatile property in a prime in-town location. Comprising three distinct buildings - The Main Building, The Chapel, and the Parsonage - along with ample parking and meticulously maintained gardens, this property presents a rare opportunity for discerning buyers. Each building has undergone extensive upgrades and renovations in recent years, ensuring modern functionality while preserving the historical charm. The Main Building features a spacious 60x40 living room, which was once the sanctuary of the old church, adorned with original stained and rippled glass windows that flood the space with natural light. The second story living area offers a flexible layout, including a sleeping and living area, a generous dressing room, and an office with a view into the main hall, providing potential for various uses and configurations. The Chapel has been thoughtfully converted into a one-bedroom, one-level home, suitable for both long-term and short-term rentals, offering a unique and intimate living space. Meanwhile, the Parsonage presents a four-bedroom, one and a half bath rental unit, showcasing an updated kitchen with concrete countertops, original molding, and wide pine plank floors, blending modern amenities with classic character. With its ideal location just 2 blocks from downtown Hallowell, this property presents a myriad of possibilities for commercial or residential use, making it a compelling investment opportunity.
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$11,099 (Annual) |
Additional Details
| Nearest MSA: |
Augusta-Waterville |
| County: |
Kennebec |
| Tax ID/APN: |
11110_009-055-00A |
| Zoning: |
MIXED USE |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,527 |
17,969 |
30,929 |
| Median Age: |
48.02 |
43.46 |
43.56 |
| Households: |
807 |
8,142 |
13,943 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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