About this home
INVESTORS TAKE NOTE!! Beautifully maintained professional building intown desirable Hallowell. New Roof April 2026. First floor anchor tenant is an extremely successful family practice with rock solid lease. The second and third floors have five tenants with tremendous growth potential. All 5 tenants pay extremely low rents but are very solid. The real estate has stunning curb appeal, new cedar siding on two sides, a paved parking lot with 6+ spaces, wheelchair accessible ramp, great visibility and so much more. It's a great place to park your money or for a 1031 tax free exchange. 8.5% cap rate
Listing last checked: Listing updated:
Listed by Listing Agent · LAER · MLS #1640742
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Details at a glance
Interior3 property facts
- Heating
- Electric, Oil, Baseboard, Forced Air, Hot Water
- Cooling
- Central Air
- Flooring
- Carpet, Vinyl, Hardwood
Building4 property facts
- Style
- Office
- Year built
- 1900
- Foundation
- Granite,Poured Concrete
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.13 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RB2
Financial2 property facts
- Annual taxes
- $13,082
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $700,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,630 / monthAdjust
- Principal & interest
- $3,540
- Property tax
- $1,090
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $13,082. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 9 Union Street
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