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About This Home

This 0-bedroom, 3-bathroom residential multi family at 24 Sylvan Avenue in Lewiston, ME is listed for $485,000 ($206 per sqft). Built in 1895, the home offers 2,360 sqft of living space on a 0.11 acres lot.

Agent Description

For Sale - Well-Maintained 3-Unit Investment Property Don't miss this well-kept 3-unit building located in a convenient area close to hospitals, shopping, and other everyday amenities. The property offers a strong rental history and has been consistently maintained over the years, making it a solid investment opportunity.

All major systems have been updated and are in excellent condition. The exterior has seen recent improvements, including updated siding, with most of the building fully wrapped. The remaining two decks have been freshly painted, adding to the overall curb appeal.

Energy efficiency has been a focus, with upgrades that include spray foam insulation in the basement, additional spray foam on the north side of the third floor, updated windows, and air sealing throughout. The property also features private off-street parking in the rear along with a coin-operated washer and dryer that will convey with the sale, providing additional income.

With a dependable tenant base already in place, this building is ideal for investors seeking reliable returns, as well as for owner-occupants looking to offset expenses. Open House scheduled for Friday and Saturday. Don't miss this opportunity to own a great multi-unit property.

Key Features

  • Built in 1895
  • 0.11 acre lot
  • 3 stories

Property Details

3 stories
3 full
1895

Amenities

Hardwood

Monthly Cost Estimate

$2,594/mo

20% down · 6.5% · 30 years

Principal$351
Interest$2,102
Insurance$141

Estimates only. Actual payments may vary.

Location

24 Sylvan Avenue

Lewiston, ME 04240

Features & Amenities

Interior Features

1st Floor Bedroom

Property Details

Flooring

LaminateTileHardwoodLinoleum

Construction

Wood Frame Vinyl Siding

Pool Features

PorchDeck

Heating

ZonedBaseboardHot Water(Heating)Natural Gas

Questions & Answers

This 0-bedroom, 3-bathroom residential multi family at 24 Sylvan Avenue is listed at $485,000 ($206/sqft). The estimated monthly payment is $2,102 based on 20% down at 6.5% interest.

Key features include: Built in 1895, 0.11 acre lot, 3 stories. Interior Features: 1st Floor Bedroom.

This property is listed by Jon Mercier and can be reached at 2073336001 or jon@Mainesource.com.

JM

Jon Mercier

Agent at Maine Source Realty

(207) 333-6001

Listed by Maine Source Realty · View on Broker Site

MLS# 1663902· Source: listhub· Updated today

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.

24 Sylvan Avenue, Lewiston, ME 04240

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