$719,000
UNDER CONTRACT $31K PRICE DROP

20 Sylvan Ave Lewiston, ME 04240

Estimated payment $4,332/month

Total Views 2,828
-- Bed
5 Baths
2,663 Sq Ft
$270 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Property is near public transit
  • No HOA
  • Cape Cod Architecture
  • Corner Lot
  • Porch

About This Home

Income-Generating Opportunity in Prime Location! Looking for a property that offers both a comfortable home and steady income...This versatile investment is perfect for you! Updated & Ready: Featuring five renovated units, new water heaters, new roofs (2021), and a five-year-old furnace, ensuring efficiency and convenience. Two Buildings on one lot, with on-site parking is a perfect setup providing flexibility and potential for increased rental income. Low Maintenance & Central Location: Situated in a great neighborhood, making upkeep a breeze and offering easy access to transportation and local amenities. Seize this fantastic opportunity—whether you're seeking a reliable investment or a new home with rental income potential! Family members are living in 2 units which reflects in rental income. All tenants are month to month. Please allow 60 days for tenants to move out, if necessary.

Listing Agent

Ashley Brodeur Leuluai

Legacy Realty Listed on: 05/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,966

Year Built

  • Built in 1911

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,663 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry
  • Sump Pump

Parking

  • Common or Shared Parking
  • Tandem Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • High-Efficiency Water Heater
  • Internet Available

Additional Features

  • Energy-Efficient Thermostat
  • Porch
  • Additional Residence on Property

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 134
  • Assessor Parcel Number LEWI-000174-000000-000134

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $19,609
  • Gross Income $75,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,966

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Active Under Contract
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2663.0
  • Architectural Style: Cape Cod, Colonial, New Englander
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Efficiency: Water Heater, Thermostat, Ceiling Fans
  • Year Built: 1911
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2663.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 75120.0
  • Income Expenses Operating Expenses: 19609.45
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Ceiling Fans: Yes
  • Utility Info Electric On Site: Yes
  • Water Info:Island3: No
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Parking:Tandem2: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Style:Cape Cod: Yes
  • Levels:Multi-Level3: Yes
  • Energy Efficiency Water Heater: Yes
  • Energy Efficiency Thermostat: Yes
  • Special Features: 1152
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Furnished
  • Other Equipment: Internet Access Available
  • Has Basement: Interior, Brick/Mortar, Full, Sump Pump, Unfinished
  • Full Bathrooms: 5
  • Flooring: Vinyl, Laminate
  • Interior Amenities: Bathtub, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Corner Lot, Level, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site, Tandem

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Lewiston Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: LEWI-000174-000000-000134
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 75120.0
  • Annual Operating Expense: 19609.45

Tax Info

  • Tax Annual Amount: 4966.0
  • Tax Block: 000
  • Tax Book Number: 9102
  • Tax Lot: 134
  • Tax Map Number: 174
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $719,000 -0.8% $270 / Sq Ft
06/01/2025 06/01/25 Price Changed $725,000 -3.3% $272 / Sq Ft
05/16/2025 05/16/25 For Sale $750,000 -- $282 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1622964

Maine Listings

Maine Androscoggin County Lewiston 04240

20 Sylvan Ave, Lewiston, ME

This home is located at 20 Sylvan Ave, Lewiston, ME 04240 and is currently priced at $719,000, approximately $269 per square foot. This property was built in 1911. 20 Sylvan Ave is a home located in Androscoggin County with nearby schools including Farwell Elementary School, Lewiston Middle School, and Lewiston High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Nearby Homes
Listing Agent
Ashley Brodeur Leuluai
Section Image
Legacy Realty
(207) 712-9900