56 Wood St Lewiston, ME 04240
Estimated payment $2,930/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 1640837

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