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Bean Group
Offered at $6,750,000Active
beds
—
baths
30
sq ft
57,362
Built
1900

19 Wood Street

Lewiston, ME 04240

About this home

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.

Listing last checked: Listing updated:

Listed by Listing Agent · F.O. Bailey Real Estate · MLS #1670665

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Details at a glance

Interior3 property facts
Heating
Forced Air, Zoned
Cooling
None
Flooring
Carpet, Vinyl, Wood
Building4 property facts
Style
Other
Year built
1900
Garage
0
Roof
Flat, Membrane
Land & utilities4 property facts
Lot size
1.32 acres
Water
Public
Sewer
Public Sewer
Zoning
NCB
Financial2 property facts
Annual taxes
$40,064
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $6,750,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$37,470 / monthAdjust
Principal & interest
$34,132
Property tax
$3,339
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $40,064. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 19 Wood Street

Can I request a private showing?

Request a tour of 19 Wood Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.