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19 Wood Street , Lewiston, ME 04240

$7,350,000
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Active
BATHS30 full SQUARE FEET57,362 MLS#1670665
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Rare opportunity to acquire the iconic Jordan School, widely regarded as one of Lewiston's premier multifamily properties, ideally located just minutes from Bates College. This impressive brick landmark features 45 thoughtfully designed residential units, including 4 studio apartments, 26 one-bedroom units, and 15 two-bedroom units, along with ample on-site parking.The property has benefited from extensive capital improvements under current ownership, including a new elevator system featuring updated controls, cab, and hydraulics, as well as replacement of both the upper and lower roofs within the past several years. Additionally, 38 units have been substantially renovated with updated flooring, kitchens, bathrooms, appliances, and other modern finishes.Meticulously maintained and presented in exceptional condition, this trophy asset offers investors the opportunity to own a truly distinguished multifamily property with strong rental appeal and long-term value. Don't miss this chance to add one of Lewiston's finest apartment communities to your portfolio.

19 Wood Street | MLS# 1670665

This multi-family property located at 19 Wood Street , Lewiston, ME 04240 is currently listed for sale with an asking price of $7,350,000. Search Lewiston real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Entry, Daylight
Heating: Gas Natural, Forced Air, Zoned
Home Style: Other
Lot Size: 1.32 Acres
Roof Type: Flat, Membrane
Taxes: $40,064
Year Built: 1900

Feature Descriptions

Electric: Circuit Breakers
Exterior: Masonry, Brick
Flooring: Carpet, Vinyl, Wood
Lot: Near Town, Neighborhood, Level, Open Lot
Parking: Paved,21+ Spaces
Sewer: Public Sewer
SQ FT Above Grade: 57362
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: F.O. Bailey Real Estate
Agent Name: Thomas Gadbois
Agency Phone: 207-781-1111

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Estimated Payment

$ 21,840.33 per month $16,357.91 Principal & Interest $3,338.67 Property Tax $2,143.75 Homeowner's Insurance

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