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.
Closed
$715,000
20 Sylvan Avenue, Lewiston, ME 04240
9beds
2,663sqft
Multi Family
Built in 1911
-- sqft lot
$747,100 Zestimate®
$268/sqft
$1,946 Estimated rent
Home value
$747,100
$643,000 - $867,000
$1,946/mo
Zestimate® history
Owner options
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$1,946/mo
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$1,946/mo
Rent Zestimate®
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$4,452/mo
Est. payment
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$4,452/mo
Est. payment
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New water heatersFive-year-old furnaceRenovated units
Zillow last checked:
Listing updated:
Listed by:
Legacy Realty
Bought with:
Meservier & Associates
Source: Maine Listings,MLS#: 1622964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Bathtub, Shower, Storage
- Flooring: Laminate, Vinyl
- Basement: Interior Entry,Full,Sump Pump,Unfinished,Brick/Mortar
- Furnished: Yes
Interior area
- Total structure area: 2,663
- Total interior livable area: 2,663 sqft
- Finished area above ground: 2,663
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Paved, 5 - 10 Spaces, On Site, Tandem
Features
- Levels: Multi/Split
- Patio & porch: Porch
Lot
- Size: 10,018 sqft
- Features: City Lot, Near Shopping, Neighborhood, Corner Lot, Level, Open Lot, Sidewalks
Details
- Zoning: NCA
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod,Colonial,New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1911
Utilities & green energy
- Electric: On Site, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Green energy
- Energy efficient items: Ceiling Fans, Water Heater, Thermostat
Community & neighborhood
Location
- Region: Lewiston
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Sold | $715,000-0.6%$268/sqft |
Source:  Maine Listings #1622964 Report a problem | ||
| 8/28/2025 | Pending sale | $719,000$270/sqft |
Source: Maine Listings #1622964 Report a problem | ||
| 7/17/2025 | Contingent | $719,000$270/sqft |
Source: Maine Listings #1622964 Report a problem | ||
| 7/11/2025 | Price change | $719,000-0.8%$270/sqft |
Source: Maine Listings #1622964 Report a problem | ||
| 6/25/2025 | Listed for sale | $725,000$272/sqft |
Source: Maine Listings #1622964 Report a problem | ||
| 6/23/2025 | Contingent | $725,000$272/sqft |
Source: Maine Listings #1622964 Report a problem | ||
| 6/1/2025 | Price change | $725,000-3.3%$272/sqft |
Source: Maine Listings #1622964 Report a problem | ||
| 5/16/2025 | Listed for sale | $750,000$282/sqft |
Source: Maine Listings #1622964 Report a problem | ||
| 3/17/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/22/2022 | Listed for rent | $1,400+16.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/13/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/8/2021 | Listed for rent | $1,200 |
Source: Zillow Rental Manager Report a problem | ||
| 1/31/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/19/2021 | Listed for rent | $1,200 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 04240
Nearby schools
GreatSchools rating
- 2/10Farwell Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 1/10Lewiston Middle SchoolGrades: 7-8Distance: 0.3 mi
- 2/10Lewiston High SchoolGrades: 9-12Distance: 0.5 mi
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$747,100
2% more
+$14,942
With Zillow Showcase(estimated)
$762,042
- Maine
- Androscoggin County
- Lewiston
- 04240
- 20 Sylvan Avenue
Nearby cities
Nearby zip codes
Other Lewiston Topics
