5 Spring Street

Closed 10/11/19

Sold

Last Sold Price

$151,000

3 baths2,408 sqft$63/sqft

5 Spring St, Hallowell, ME 04347

Multi FamilyProperty Type

8,712 sq ftLot Size

1900Year Built

$63/sq ftPrice per sq ft

Description

Location! This 3 unit investment opportunity is positioned perfectly on the hillside of Hallowell. Enjoy the walkability to restaurants and watering holes. Sit along the Kennebec River in Granite Park or exercise on the rail trail. All of these just footsteps from this building. The surrounding properties are well appointed with beautifully preserved architecture. Strong rental history, potential for Air BnB.Location! This 3 unit investment opportunity is positioned perfectly on the hillside of Hallowell. Enjoy the walkability to restaurants and watering holes. Sit along the Kennebec River in Granite Park or exercise on the rail trail. All of these just footsteps from this building. The surrounding properties are well appointed with beautifully preserved architecture. Strong rental history, potential for Air BnB.

Listed by: Daniel Buckley 207.504.7527 danielbuckley@kw.com • Keller Williams Realty

Listing closed: 10/11/2019 12:00 AM • Source: Maine Listings, MLS#: 1425547

Recent comparable sales

Median sold price

$510,000

Avg days on market

Sale-to-list ratio

90.6%

1/53

$398,000

Sold 08/22/25

Unavailable
Bedrooms: 3
Bathrooms: 2,521
Square Feet: 0.32
Acres

1 High Street, Hallowell, ME 04347

1/2

$485,000

Sold 04/21/25

Unavailable
Bedrooms: 3
Bathrooms: 2,663
Square Feet: 1
Acres

2 Maple Street, Hallowell, ME 04347

1/48

$395,000

Sold 06/17/25

Unavailable
Bedrooms: 3
Bathrooms: 1,848
Square Feet: 0.57
Acres

7 Page Street, Hallowell, ME 04347

1/54

$403,000

Sold 06/30/26

Unavailable
Bedrooms: 3
Bathrooms: 3,190
Square Feet: 0.39
Acres

61 2nd Street, Hallowell, ME 04347

1/45

$594,500

Sold 09/03/26

Unavailable
Bedrooms: 4
Bathrooms: 3,840
Square Feet: 2.08
Acres

3 Janabye Lane, Hallowell, ME 04347

1/35

$2,900,000

Sold 01/09/25

Unavailable
Bedrooms: 40
Bathrooms: 45,505
Square Feet: 5.47
Acres

75 Water Street, Hallowell, ME 04347

1/64

$510,000

Sold 10/01/25

3
Bedrooms: 3
Bathrooms: 2,664
Square Feet: 0.36
Acres

3 The Ledges Street, Hallowell, ME 04347

1/47

$660,000

Sold 12/05/25

3
Bedrooms: 4
Bathrooms: 2,400
Square Feet: 0.39
Acres

4 Mayflower Road, Hallowell, ME 04347

1/70

$2,700,000

Sold 03/27/25

Unavailable
Bedrooms: 24
Bathrooms: 15,708
Square Feet: 0.51
Acres

211 Water Street, Hallowell, ME 04347

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Location

Listing Courtesy of Keller Williams Realty

Sold By Keller Williams Realty

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$958 per month

30 year fixed, 6.71% Interest

Principal and Interest

$780

Property Taxes

$178

HOA Dues

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Property Information for 5 Spring Street

Property Details

Taxes: $2,135 / year
MLS Type: Multi-Family
County: Kennebec County
Architectural Style: Colonial
Style: Colonial
Has Waterfront: No
Zoning: Residential 1

Building Information

Residences: 3
Year Built: 1900
Lot Size: 0.20 AC / 8,712 SF

Summary

Location and General Information

Location: Historic District, Intown, Near Town
Page: 250

Latitude: 44.287845
Longitude: -$69.79

Taxes and HOA

Association: No
Parcel Number: HALL-000005-000000-000029

Tax Lot: 29
Tax Book Number: 10748
Tax Map Number: 005
Tax Year: 2018
Tax Annual Amount: $2,135.00

Parking

Parking Features: Gravel, Common, Off Street
Parking: Off Street

Vehicle Storage: 4+ Car
Has Attached Garage: No
Has Garage: No

Property

Lot Information

Lot Features: Rolling/Sloping, Open, Sidewalks, Historic District, Intown, Near Town
Lot Size Acres: 0.2

Lot Size Area: 0.2
Lot Size Source: Public Records
Lot Size Square Feet: 8712.0
Lot Size Units: Acres
Roads: Paved, Public
Road Surface Type: Paved
SqFt Source: Public Records
Site: Open, Rolling/Sloping, Sidewalks

Property and Assessments

Above Grade Finished Area: 2408.0
Building Area Total: 2408.0

Property Type: Multi-Family
Surveyed: No
Construction: Wood Frame
Year Built: 1900

Building Features

Foundation Details: Block, Other, Concrete Perimeter
Foundation Materials: Block, Poured Concrete, Other

Construction Materials: Wood Siding, Clapboard, Wood Frame

Financial Information

List Price/SqFt: $66.03

Utilities

Heat Fuel: Electric, Propane
Electric: Circuit Breakers

Gas: Bottled
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Clapboard, Wood Siding
Roof: Shingle

Driveway: Common, Gravel

Interior Features

Bathrooms Full: 3
Bathrooms Total Decimal: 3.0

Bathrooms Total Integer: 3
Basement: Interior, Dirt Floor, Full, Doghouse, Unfinished
Basement: Dirt Floor, Full, Unfinished
Has Cooling: No
Heating: Direct Vent Heater, Baseboard
Has Heating: Yes
Flooring: Wood, Vinyl, Carpet

Multi Family

Multi Family Information

# of 2 BD Units: 2
# of 3 BD Units: 1

Number Of Units Total: 3

Rental

Rent Information

Land Lease: No

Property History for 5 Spring Street

Date	Event & Source	Price	Appreciation
Oct 11, 2019	Sold Maine Listings #1425547	$151,000	—
Aug 6, 2019	Pending Maine Listings #1425547		—
Jul 15, 2019	Listed (Active) Maine Listings #1425547	$159,000	—
Jun 6, 2011	Sold Maine Listings #998523	$144,500	—
Apr 20, 2011	Pending Maine Listings #998523		—
Apr 20, 2011	Active Under Contract Maine Listings #998523		—
Dec 11, 2010	Listed (Active) Maine Listings #998523	$159,900	—
Apr 9, 2003	Sold Maine Listings #584849	$55,000	—
Jan 22, 2003	Active Under Contract Maine Listings #584849		—
Sep 16, 2002	Listed (Active) Maine Listings #584849	$59,900	—
Dec 17, 1997	Sold Maine Listings #205224	$59,900	—
Nov 18, 1997	Active Under Contract Maine Listings #205224		—
Apr 23, 1997	Listed (Active) Maine Listings #205224	$64,500	—

Date	Event & Source	Price
10/11/2019	Sold Maine Listings #1425547	$151,000
08/06/2019	Pending Maine Listings #1425547	—
07/15/2019	Listed (Active) Maine Listings #1425547	$159,000
06/06/2011	Sold Maine Listings #998523	$144,500
04/20/2011	Pending Maine Listings #998523	—
04/20/2011	Active Under Contract Maine Listings #998523	—
12/11/2010	Listed (Active) Maine Listings #998523	$159,900
04/09/2003	Sold Maine Listings #584849	$55,000
01/22/2003	Active Under Contract Maine Listings #584849	—
09/16/2002	Listed (Active) Maine Listings #584849	$59,900
12/17/1997	Sold Maine Listings #205224	$59,900
11/18/1997	Active Under Contract Maine Listings #205224	—
04/23/1997	Listed (Active) Maine Listings #205224	$64,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Spring Street

Taxable ValueLand$57,200Additions$91,900Total$149,100

Tax Record2025$2,848 ($237 / month)

Home Facts

Beds4Baths3Total Finished SqFt2,408 SqFtAbove Grade Finished SqFt2,408 SqFtStories2Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900Zoning31CountyKENNEBECAPNHALL M:005 L:029

Schools near 5 Spring Street

This home is within Regional School Unit 02.


Rating	School	Type	Grades	Distance
4/10	Dresden Elementary School	Public - Serves this home	PK to 5	11.3 mi
NR	Hall-Dale Elementary School	Public - Serves this home	PK to 5	0.6 mi
6/10	Monmouth Memorial School	Public - Serves this home	PK to 8	12.4 mi
7/10	Hall-Dale Middle and High School	Public - Serves this home	6 to 12	1.5 mi
6/10	Monmouth Academy	Public - Serves this home	9 to 12	12.3 mi
6/10	Hall-Dale Elementary School	Public - Nearby school	PK to 5	0.6 mi
NR	St Michael School	Private - Nearby school	PK to 8	1.7 mi


Rating	School	Distance
4/10	Dresden Elementary School PublicPK to 5 Serves this home	11.3 mi
NR	Hall-Dale Elementary School PublicPK to 5 Serves this home	0.6 mi
6/10	Monmouth Memorial School PublicPK to 8 Serves this home	12.4 mi
7/10	Hall-Dale Middle and High School Public6 to 12 Serves this home	1.5 mi
6/10	Monmouth Academy Public9 to 12 Serves this home	12.3 mi
6/10	Hall-Dale Elementary School PublicPK to 5 Nearby school	0.6 mi
NR	St Michael School PrivatePK to 8 Nearby school	1.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 5 Spring Street, Hallowell, ME 04347	$151,000	–	3	2,408	8,712
26 Winthrop Street, Hallowell, ME 04347	$205,500	3	2	1,362	2,613
9 Spring Street, Hallowell, ME 04347	–	4	2	1,908	10,454
10 Spring Street, Hallowell, ME 04347	–	3	2	1,702	11,326
11 Middle Street, Hallowell, ME 04347	$596,000	4	3	2,868	10,018
1 Spring Street, Hallowell, ME 04347	$232,000	3	2	2,450	9,147
21 Middle Street, Hallowell, ME 04347	–	4	1.5	1,224	7,841
11 Spring Street, Hallowell, ME 04347	$560,000	3	2	1,620	9,583
32 Winthrop Street, Hallowell, ME 04347	–	3	1	1,290	10,019
29 Winthrop Street, Hallowell, ME 04347	$275,000	4	4	3,092	10,890
35 Winthrop Street, Hallowell, ME 04347	–	1	1	1,088	4,792
8 Warren Street, Hallowell, ME 04347	$165,000	3	2	2,318	10,890
6 Warren Street, Hallowell, ME 04347	$234,748	4	3	2,450	9,147
13 Spring Street, Hallowell, ME 04347	$420,000	–	4	1,596	7,840
31 Winthrop Street, Hallowell, ME 04347	$102,000	3	1	1,500	10,018
25 Winthrop Street, Hallowell, ME 04347	$490,000	3	3	3,300	10,018

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

Hallowell, ME

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