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3 Baths
2,360 sqft

$485,000

24 Sylvan Avenue, Lewiston ME, 04240

Built in1895
Property size2,360 sqft
Property typeMulti-family
Courtesy of Maine Source Realty

Overview

Active

Listed May 29, 2026

Updated Jun 1

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.

$3,227/mo

Est. mortgage payment based on a $485,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1663902

Interior Features

Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$3,334
Tax Frequency
Annually
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Listing Contact: 207-333-6001

Listed by Jon Mercier with Maine Source Realty 207-333-6001

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor James Spear shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 8:16 PM UTC, 6/1/2026

 

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