$499,900

56 Wood St Lewiston, ME 04240

Estimated payment $2,930/month

-- Bed
4 Baths
6,224 Sq Ft
$80 Price per Sq Ft

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • New Englander Architecture
  • Landscaped
  • Level Lot

About This Home

Discover a fantastic investment opportunity in the heart of Lewiston! This well-maintained four-unit multi-family building offers strong rental income potential and a convenient location close to downtown amenities, schools, shopping, and public transportation.

Each spacious unit features separate utilities, off-street parking, and plenty of natural light. The property includes recent updates to major systems, making it a low-maintenance option for both owner-occupants and investors alike.
Convenient, walkable neighborhood near Bates College and local employers
Solid rental history with room to increase rents
Ideal for portfolio expansion or owner-occupied investment

Whether you're a seasoned investor or looking to begin your real estate journey, 56 Wood St is a property you won't want to miss!

Listing Agent

Dan Coleman

Androvise Realty Listed on: 10/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1891

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped
  • Level Lot

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 6,224 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 260
  • Assessor Parcel Number LEWI-000194-000000-000260

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $12,968
  • Gross Income $55,328

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,363

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: Main Street Lewiston to Sabattus Street. Turn left onto Wood Street. #56 on left.
  • Above Grade Finished Sq Ft: 6224.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1891
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 6224.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 55328.0
  • Income Expenses Operating Expenses: 12968.0
  • Parking:On Site2: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Well Landscaped, Level, Sidewalks, Intown, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: LEWI-000194-000000-000260
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 55328.0
  • Annual Operating Expense: 12968.0

Tax Info

  • Tax Annual Amount: 3363.23
  • Tax Lot: 260
  • Tax Year: 2026

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 For Sale $499,900 -- $80 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1640837

Maine Listings