19 Wood Street
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $6,975,000 |
| No. of Units: | 45 |
| Year Built: | 1900 |
| Lot Size: | 57,362.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $155,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 30 |
ID: 3yd-MREISME-1670665
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