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    Well-Maintained 3-Unit Investment Building Title is generated by Realmo AI

    24 Sylvan Avenue, Lewiston, ME 04240

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    For Sale
    $485,000

    MULTI_FAMILY - Colonial - Lewiston, ME

    Property size:
    2,360 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $205/SF
    Added:
    Jun 2, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 10 at 12:06 am

    Property Features for 24 Sylvan Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    NCA
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Basement
    Patio and Porch features
    Deck, Porch
    Interior features
    1st Floor Bedroom
    Basement
    Full, Unfinished
    Standard status
    Active
    Size
    2,360 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3334

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard, Natural Gas, Zoned
    Water source
    Public

    Building Details

    Year built
    1895
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Hardwood, Linoleum, Laminate, Tile
    Building materials
    Wood Frame, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Jon Mercier
    Jon Mercier

    Listing agent Jon Mercier

    Listing office Maine Source Realty 368 Minot Avenue, Poland, ME

    Listing date Jun 2, 2026

    MLS# 1663902 Listing URL

    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

    • 3‑unit investment property built in 1895 with Colonial architectural style
    • Wood frame with vinyl siding; roof with shingle design
    • Energy‑efficiency upgrades include spray foam insulation in the basement and additional spray foam on the north side of the 3rd floor
    • Updated windows and air sealing throughout
    • Private off‑street parking in the rear plus coin‑operated washer and dryer conveying with the sale
    • Heating: zoned natural gas hot water/baseboard; flooring includes hardwood, tile, laminate, and linoleum

    Overview

    This well-maintained 3-unit investment property offers a solid residential income setup with multiple income-generating components. The building has been consistently cared for over the years, and major systems have been updated and are described as being in excellent condition. Exterior improvements include updated siding, with most of the building fully wrapped, and the remaining two decks freshly painted. Energy efficiency upgrades include spray foam insulation in the basement, additional spray foam on the north side of the third floor, updated windows, and air sealing throughout. A coin-operated washer and dryer is included with the sale, adding an additional source of revenue.

    The property is located in a convenient area close to hospitals, shopping, and everyday amenities. Private off-street parking is available in the rear, supporting day-to-day tenant needs. The listing also notes a dependable tenant base already in place, which may appeal to buyers looking for a more established operating profile.

    Designed for investors seeking reliable returns, this three-unit building may also work well for owner-occupants who want to offset their expenses. With the combination of updated building systems, energy-focused improvements, and on-site laundry, the property is positioned as a practical, turn-key choice for buyers evaluating residential income opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.199216
    Latitude
    44.098875

    FAQs

    What type of property is this?
    Triplex - Three-unit residential income property with updated systems, private off-street parking, and on-site laundry for steady cash flow.
    Where is this triplex located?
    The property is located at 24 Sylvan Avenue Lewiston, ME.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: 3‑unit investment property built in 1895 with Colonial architectural style; Wood frame with vinyl siding; roof with shingle design; Energy‑efficiency upgrades include spray foam insulation in the basement and additional spray foam on the north side of the 3rd floor
    More about this property
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