Investment opportunity in Lewiston! Bring your vision to this three-unit property featuring three, large 3-bedroom, 1 bath apartments. The property is conveniently located in-town with easy access to public transportation, shopping, restaurants, schools and employment opportunities, making it attractive to prospective tenants. You'll find vinyl siding, newer windows and decks along with storage. If you're looking to expand your rental portfolio, 34 Shawmut offers that opportunity. Photos and 3D Matterport show one of the three units. Also available is 46 Shawmut, 198 Park St and 210/212 Park Street.
Multi-familyProperty Type
1906Year Built
4,791 sq ftLot Size
$126Price/Sq.Ft.
1 spaceParking
Listed by Charmaine Raby• Fontaine Family-The Real Estate Leader
Downtown Lewiston, located between the Androscoggin River and Bates College, is a historic and walkable Lewiston neighborhood with brick mill blocks and a riverfront streetscape. The neighborhood’s character concentrates around Lisbon Street near Main Street, where storefront galleries, independent cafes, and late-night bites line the sidewalks under old mill-era facades. The Franco Center anchors the arts calendar, while the Bates Mill Complex frames the skyline with industrial-scale architecture. Museum L-A adds local history in a compact, gallery-style setting. Side streets mix loft conversions with civic buildings, and the riverwalk ties it all together with open-air views.
Provided by Walk Score and Local Logic
Offer insights
34 Shawmut St · $400,000
$403K and above
75% chance or better to win
Why $403K+ is a strong offer
DAYS ON MARKET
14 days
The average home goes pending in 66 days.
SALE-TO-LIST
97.5%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Bathtub
Storage
Bedrooms
Three 3-bedroom units (one per floor: first, second, third)
Bathrooms
Three full bathrooms (one per unit)
Kitchen
Refrigerator in each unit
Laundry & utility
No dedicated water heaters for units
Dedicated electric meter for each unit
Flooring
Linoleum
Heating & cooling
Baseboard heating
Has heating in each unit
Exterior features
Deck
Intown lot
Level lot
Near public transit
Paved road
Home design
Three stories
Built in 1906
Flat roof
Parking
Paved parking with 1–4 spaces
Construction
Wood frame construction
Vinyl siding
Brick/mortar foundation
Utilities
Public water
Public sewer
Electric service with circuit breakers
Electric water heater
Utilities are on
HOA & community
No pet restrictions
Financial info
Three total units
Gross income: $61,020
Operating expenses: $6,085
Each unit actual rent: $1,695
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the downtown residential district is to promote the improvement of older residential neighborhoods within the downtown by encouraging a transition to more mixed use neighborhoods, including owner-occupied, mixed-age and mixed-income housing with less density where desired and appropriate, low-intensity nonresidential uses, more open space and other neighborhood amenities, creating diverse, mixed-use neighborhoods. The standards of the district will encourage the upgrading of the existing neighborhoods by removing blight and vacancy, providing an opportunity for new residential and commercial development, and fostering a sense of community and place through neighborhood meeting, gathering and cultural places.
Zone overlays
Urban Enterprise District
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Mixed use
Office
Research & development
Public service
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
4/10 Wind Factor
14% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Lewiston, ME • 04240
Average low and high temperatures (°F)
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73
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61
40
47
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32
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 34 Shawmut St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $344,400 and $485,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $344K to $485K.