Four-Unit Multifamily
For Sale
$565,000
7 Shawmut St Unit 4, Lewiston, ME 04240
Well-maintained residential income property with varied unit layouts, shared areas, storage, and on-site parking.
Property Size5,720 SF
Price / SF$98.78
Days on Market79
Property Features for 7 Shawmut St Unit 4
General Information
Standard status
Active
Size
5,720 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR, 2 x 3BR
Multifamily Units
4
Amenities
common areas
storage areas
garbage room
porches
Building Details
Year Built
1920
Listing Agency:
Coldwell Banker Realty
Listed By:
Jay Weinberg · License #BA905386
(207) 209-0145
Source:
603luxury
Added: Jul 20
Changed: Oct 3
Last Checked: Oct 5 at 10:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 5,720-square-foot multifamily property at 7 Shawmut St Unit 4 in Lewiston includes four apartments within a 1920 building. The unit mix consists of two one-bedroom apartments and two three-bedroom apartments. Interior features include hardwood flooring, tile bathroom finishes, original trim and moldings in portions of the building, generous kitchens, and distinct living and dining rooms. Washer and dryer hookups are provided across the units, with dryer hookups in the storage rooms serving the three-bedroom apartments.
The property occupies a double lot with multiple parking spaces, common areas, storage areas, and a dedicated garbage room. Both three-bedroom apartments include small front porches, large rear porches, and private storage rooms. The building has undergone numerous upgrades over time and is described as compliant with current fire codes. Ownership has remained consistent for more than 20 years.
The property occupies a double lot with multiple parking spaces, common areas, storage areas, and a dedicated garbage room. Both three-bedroom apartments include small front porches, large rear porches, and private storage rooms. The building has undergone numerous upgrades over time and is described as compliant with current fire codes. Ownership has remained consistent for more than 20 years.
Key Highlights
- Four apartments totaling 5,720 SF in a 1920 multifamily building
- Unit mix includes two one‑bedroom and two three‑bedroom apartments
- Double lot with multiple parking spaces and shared common areas
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,245
Businesses Nearby
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Business Placement
Demographics for 04240, ME
37,121
Population
16,852
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
34.1 sq mi
ZIP Area
1,089
Density / Sq Mi
$56,558
Median Household Income
$36,734
Median Earnings
$954
Median Rent
$214,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained residential income property with varied unit layouts, shared areas, storage, and on-site parking.
Where is this quadplex located?
The property is located at 7 Shawmut St Unit 4 Lewiston, ME.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Four apartments totaling 5,720 SF in a 1920 multifamily building; Unit mix includes two one‑bedroom and two three‑bedroom apartments; Double lot with multiple parking spaces and shared common areas
