• Year Built: 1880
87 Wood St is amulti-family property for lease in Lewiston, ME.
This 4-unit apartment building boasts large living units in a well-kept building. The property is in good condition and is in close proximity to Downtown Lewiston and walking distance to Bates College. This property makes for a great owner/occupant or investment property. Tenants pay their own electricity and each unit has it’s own private deck area. There is also storage space for each unit and there’s extra storage space in the dry basement. Overall a solid property in a residential intensive neighborhood.
The unit mix of the building includes two 1-bedroom units., a 2-bedroom and a 3-bedroom unit. At market rates, the property can generate over $30,000 in Gross Income. See brochure for cash flow model.