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Bean Group
Offered at $549,900Under Contract
beds
—
baths
0
sq ft
5,776
Built
1990

2 Teakwood Knolls

Lewiston, ME 04240

About this home

Exceptional opportunity to own a well maintained 5-bedroom group home located in a wonderful neighborhood setting with the perfect balance of privacy and convenience. Just minutes from shopping, restaurants, medical facilities, and other in-town amenities, this property is ideally situated for both residents and staff. The spacious interior features a functional floor plan with multiple entrances for added flexibility and ease of access. The home includes newer appliances, generous living spaces, and well-sized bedrooms designed to accommodate a variety of needs. A large, finished basement with a half bath and private entrance provides outstanding versatility--ideal for administrative offices, meeting space, or other professional uses, subject to local zoning and municipal approvals. Outside, a generous parking area offers ample space for staff, visitors, and service vehicles. The heating systems, central air, sprinkler system and on-demand generator have all been exceptionally maintained. Whether you're looking to continue operating as a group home (subject to applicable licensing and approvals) or seeking a spacious property with flexible use potential in a desirable residential setting, this unique offering presents an excellent investment opportunity in the Suburban Residential Zone.

Listing last checked: Listing updated:

Listed by Listing Agent · EXP Realty · MLS #1673918

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Details at a glance

Interior3 property facts
Heating
Oil, Baseboard, Forced Air
Cooling
Central Air
Flooring
Carpet, Concrete, Laminate, Tile, Vinyl
Building4 property facts
Style
Multi Family
Year built
1990
Foundation
Poured Concrete
Roof
Shingle
Land & utilities4 property facts
Lot size
0.42 acres
Water
Public
Sewer
Public Sewer
Zoning
Suburban Residential
Financial2 property facts
Annual taxes
$10,893
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $549,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,688 / monthAdjust
Principal & interest
$2,781
Property tax
$908
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $10,893. 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 2 Teakwood Knolls

Can I request a private showing?

Request a tour of 2 Teakwood Knolls 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.