3 Janabye Lane, Hallowell, ME 04347
MULTI_FAMILY - Hallowell, ME
- Added:
- Jun 27, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 28 at 4:06 am
Property Features for 3 Janabye Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RF
- Bathrooms
- 4
- Rooms
- Basement, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
- Patio and Porch features
- Deck, Patio
- Interior features
- 1st Floor Bedroom, Pantry
- Basement
- Walk-Out Access, Full, Daylight
- Standard status
- Active
- Size
- 3,840 SF
- Lot size
- 2.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6611
Utilities
- Sewer type
- Private Sewer
- Heating system
- Hot Water(Heating), Oil, Baseboard
- Water source
- Public
Building Details
- Year built
- 1991
- Number of units
- 3
- Flooring type
- Carpet, Vinyl, Laminate
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Additional Structures
- Outbuilding
Listing agent Khristian Potter (860) 304-1874
Listing office Keller Williams Realty 50 Sewall Street, Portland, ME (207) 879-9800
Listing date Jun 27, 2026
Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Three updated units in a multi‑unit property built in 1991
- 4+ attached garage bays with additional storage space
- Public water and private sewer
- Heating includes hot water (heating) with oil baseboard heat
- Vinyl siding with wood frame construction and a shingle roof
- Deck and patio included
Overview
Located at 3 Janabye Lane in Hallowell, Maine, the home sits in a peaceful rural setting while still being minutes from downtown Hallowell and its shops, restaurants, local art galleries, and scenic riverfront. It is described as approximately 10 minutes from Augusta and about 45 minutes from Portland, providing convenient access to larger-area amenities within the Kennebec County region. Zoning is listed as RF.
Designed for versatility, the property can appeal to investors seeking a multi-unit setup or owner-occupants interested in living in one unit while using the remaining units as rentals. With the garage bays included on-site, the overall package supports everyday vehicle and storage needs that can be attractive for residential tenants and owner-users alike. For buyers and brokers, the updated unit configuration plus attached garage improvements help round out a tenant-ready residential income offering.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.2k | $16.20 |
| − Vacancy | −$946 | −$0.25 |
| EGI | $61.3k | $15.95 |
| − OpEx | −$18.4k | −$4.79 |
| NOI | $42.9k | $11.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hallowell
- County
- Kennebec
- State
- Maine
- Longitude
- -69.818236
- Latitude
- 44.293559
