Courtesy: F.O. Bailey Real Estate
207-781-1111
Courtesy: AllMaineHomes
207-623-2100
Incredible opportunity to secure your future as an area landlord with 45 residential units and 6 commercial units between Augusta, Gardiner, Hallowell, Chelsea, and Edgecomb. Plenty of existing cash flow to start with almost no vacancies currently. Property management in place. This portfolio has huge cash flow growth potential with many rents below market. See attachments for the property details, recent upgrades, and property nuances / specifics. 'Interior Information' in listing is incomplete, please see attachments for full details, disclosures, income/expenses.
Hallowell is located in Maine. Hallowell, Maine has a population of 2,542. Hallowell is less family-centric than the surrounding county with 23.04% of the households containing married families with children. The county average for households married with children is 24.69%.
The median household income in Hallowell, Maine is $57,250. The median household income for the surrounding county is $58,097 compared to the national median of $69,021. The median age of people living in Hallowell is 42 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 45.1 inches per year, with 69.3 inches of snow per year.
