$407,000
 $2,185 est/mo Sourced by Back At You

7 Jack Court,Lewiston, ME 04240

Lewiston, ME 04240

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Description

Strong cash-flow opportunity in Lewiston! This fully separated 3-unit multifamily features three identical 2-bedroom units designed for easy management and consistent rental income. Two units are currently occupied with monthly leases, with one vacant first-floor unit offering immediate upside for an owner-occupant or the ability to place a new tenant at market rent. The property is highly efficient for investors, with separate electrical meters, three heating systems, and three hot water heaters, allowing tenants to pay their own utilities and minimizing owner expenses. Identical unit layouts simplify maintenance, turnover, and leasing operations. Additional highlights include a large driveway with ample off-street parking and strong long-term rental potential. Whether you're expanding your portfolio or looking for an owner-occupied investment property, this multifamily offers excellent income potential and low management complexity.

Details

MLS #1669783
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1900
Days On Site52
Listing Provided ByAmerican Real Estate | Mushreq Alsamraee

Features

Bath(s) 3 Total
SQ Feet1,998
BasementY
Story(s)3
Units3
ZoningDR
Acreage0.10

Interior

Heating Yes / NoYes
Cooling Yes / NoNo
CoolingNone
Laundry FeaturesWasher Hookup
Amenities Co AmenitiesWasher Hookup

Exterior

RoofShingle
Foundation DetailsStone, Brick/Mortar
Lot FeaturesNear Shopping, Level, Open Lot, Sidewalks, Near Public Transit
Construction MaterialsWood Frame, Vinyl Siding
Patio And Porch FeaturesDeck

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesPaved, 5 - 10 Spaces, Off Street

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount3481
Tax Book Number11150
Tax Year2025
Tax Lot037
Tax Map Number195

Area Information

StateME
CountyAndroscoggin
CityLewiston
Zip Code04240
AreaAndroscoggin
Listing VS Median (in 04240)
Price:
$407,000
low | high
Med:
$359,000
61.793611793612% of Average
sqft:
1,998
low | high
Med:
1,008
99.54954954955% of Average
$ / sqft:
$204
low | high
Med:
$356
24.837662337662% of Average
On site:
52
low | high
Med:
101
51.485148514851% of Average
Sourced by Back At You

Market Activity 04240

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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.

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Learn More About This Property

StateME
CountyAndroscoggin
CityLewiston
Zip Code04240
AreaAndroscoggin
Listing VS Median (in 04240)
Price:
$407,000
low | high
Med:
$359,000
61.793611793612% of Average
sqft:
1,998
low | high
Med:
1,008
99.54954954955% of Average
$ / sqft:
$204
low | high
Med:
$356
24.837662337662% of Average
On site:
52
low | high
Med:
101
51.485148514851% of Average
Sourced by Back At You
Listing Updated: July 28, 2026 at 1:13:01 PM PDT