NOT LISTED FOR SALE

20 Academy St Hallowell, ME 04347

-- Bed
5 Baths
4,550 Sq Ft
9,148 Sq Ft Lot

Last Sold September 09, 2022

Last sale price $407,000 $89 Per Sq Ft

43 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • 1 Fireplace
  • The property is located in a historic district
  • Attic
  • Corner Lot

About This Home

As of September 2022

New to market! A sprawling four-unit investment property just a stone's throw from ultra-desirable Main Street in Hallowell and the Kennebec River! This property has a strong tenant history and a long line of applicants every time a unit has become available. Many new renovations and updates done throughout the building. More than enough on-site parking for each unit. Don't miss your chance on this rare property in the heart of central Maine. Call for a private showing today!

Last Agent to Sell the Property

Adam Sesin

Bean Group Listed on: 07/27/2022

Last Buyer's Agent

Michele Perejda

RE/MAX Presidential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Street Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 4,550 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Laundry on main level
  • Attic

Bedrooms and Bathrooms

  • 5 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Enclosed Glass Porch

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number HALL-000009-000000-000079

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $9,900
  • Gross Income $55,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,194

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4550.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4550.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 3.0
  • Driveway:Common2: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 55400.0
  • Income Expenses Operating Expenses: 9900.0
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Driveway:Gravel: Yes
  • Parking:On Street: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Walk-Out Access, Full, Exterior Entry
  • Full Bathrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Other
  • Interior Amenities: Attic, Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Gravel, Common, On Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: HALL-000009-000000-000079
  • Zoning: Residential 1

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 55400.0
  • Annual Operating Expense: 9900.0

Tax Info

  • Tax Annual Amount: 4194.0
  • Tax Book Number: 3379
  • Tax Lot: 79
  • Tax Map Number: 9
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $407,000 +11.5% $89 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $365,000 -- $80 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1537956

Maine Listings