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4-Unit Quadplex with Porches

7 Shawmut Street #4, Lewiston, ME 04240

For Sale
$565,000

A two-and-three-bedroom mix is complemented by shared areas, storage, and multiple parking spaces.

Property Size5,720 SF
Price / SF$98.78
Days on Market176

Property Features for 7 Shawmut Street #4

General Information

Standard status Active
Size 5,720 SF
Property subtype Multi Family Home
Zoning MFU

Units

Unit Mix 2 x 1BR, 2 x 3BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,458

Amenities

common areas
storage areas
garbage room
washer and dryer hookups
hardwood floors
tile bathrooms
front porches
rear porches
storage room with dryer hookup
Bathtub
Pantry
Shower

Building Details

Building Size 5,720 SF
Year Built 1920
Stories 3
Units 4
Listing Agency: Coldwell Banker Realty
Listed By: Jay Weinberg · License ME BA905386
Source: Integrityhomesrealestategroup
Added: May 18 Changed: Nov 4 Last Checked: Nov 9 at 3:49AM

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

Rey
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Investment Insights

Based on property information with market context.

This 5,720-square-foot quadplex, built in 1920, contains two one-bedroom apartments and two three-bedroom apartments. The smaller units have in-unit washer and dryer connections. Each three-bedroom layout includes hardwood floors, tiled bathrooms, sizable bedrooms, a kitchen, and separate dining and living rooms. Those apartments also have front and rear porches, storage rooms, and dryer connections. Shared features include common areas, additional storage, a garbage room, and multiple parking spaces on a double lot.

The property is zoned MFU and is described as meeting current fire codes. Improvements have been completed over time. The unit mix, laundry connections, porches, and shared facilities define the building’s configuration.

Key Highlights

  • Four apartments: two one‑bedroom units and two three‑bedroom units
  • 5,720 square feet; built in 1920
  • Double lot with multiple parking spaces

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,245
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - A two-and-three-bedroom mix is complemented by shared areas, storage, and multiple parking spaces.
Where is this quadplex located?
The property is located at 7 Shawmut Street #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: two one‑bedroom units and two three‑bedroom units; 5,720 square feet; built in 1920; Double lot with multiple parking spaces
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