3 Janabye Lane, Hallowell, ME 04347

$625,000
Property Type: Multi-Family Baths: 4 Square Footage: 3,840 Lot Size (sq. ft.): 90,605 Status: Active Under Contract
Current Price: $625,000 List Date: 6/05/2026 Last Modified: 6/20/2026

Description

Ready for your next investment? This beautifully situated multi-unit property offers a fantastic opportunity for investors or owner-occupants alike. Featuring three updated units, this property is ready to generate income from day one. The property also includes 4+ attached garage bays with ample storage space, providing added value and flexibility for tenants, owners, hobbies, equipment, or additional rental potential. Enjoy a peaceful rural setting while being just minutes from downtown Hallowell, known for its charming shops, excellent restaurants, local art galleries, and scenic riverfront. Conveniently located only 10 minutes from Augusta and 45 minutes from Portland, this property combines small-town charm with easy access to major amenities. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this versatile property is one you won't want to miss.

Supplements: ********

More Information MLS# 1665739

Location Information

Street #: 3 Street Name: Janabye Street Type: Lane County: Kennebec Town: Hallowell State/Province: ME Zip Code: 04347 Zip +4: 3131 Leased Land: No Book: 14109 Page: 288 Map: 18 Lot: 22 Zoning: RF Zoning Overlay: Unknown Association: No Full Tax Amount $: 6611 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.293979 Geo Lon: -69.818676

Contract Information

Status: Active Under Contract Original List Price: 625000 List Price: $625,000 Current Price: $625,000

Property Information

Surveyed: No Seasonal: No Deed: Partial Number of Units: 3 Total Baths: 4 Total Full Baths: 4 Year Built: 1991 SqFt Finished Above Grade: 3840 SqFt Finished Total: 3840 Garage: Yes Garage Spaces: 4 Lot Size Acres +/-: 2.08 Source of Acreage: Public Records

Water Info

Water Frontage: No Water View: No

Units

# of 1 BD Units: 1 # of 2 BD Units: 2

Unit 1

Lease: No Level: Second Security Deposit: Yes Monthly Rent: 1250 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: First Security Deposit: Yes Monthly Rent: 1760 # Full Baths: 2 # of Rooms: 5 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 3

Lease: Yes Level: Second Security Deposit: Yes Monthly Rent: 1450 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: No Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: Yes

Property Features

Site: Open; Well Landscaped Location: Near Turnpike/Interstate; Rural Roads: Public Style: Other Construction: Wood Frame Other Structures: Outbuilding; Shed(s) Basement: Daylight; Full; Walk-Out Access Basement Entry: Exterior Only; Interior Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Carpet; Laminate; Vinyl Amenities: 1st Floor Bedroom; Laundry - 1st Floor; Laundry - 2nd Floor; Pantry Patio and Porch Features: Deck; Patio Equipment: Generator Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: 4+ Car Electric: Circuit Breakers Gas: No Gas Sewer: Private Sewer Water: Public
Listing Office: Keller Williams Realty
Last Updated: June - 20 - 2026
3 Janabye Lane, Hallowell, ME 04347- MLS# 1665739
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.