Building Details:
• Year Built: 1876
88 Wood St is located in Lewiston, ME.
This 3-unit apartment building has large living units and a garage currently used for storage in the back of the building. The property is in good condition with good tenants and is in close proximity to Downtown Lewiston and only two blocks away from Bates College. Tenants pay their own electricity and each unit has it’s own private deck area. Each unit is unique from the other. The property is a solid building and would make a great investment or owner/occupied property. Woods Street is populated with single family as well as multi-family buildings.
The unit mix of the building includes one 4-bedroom apartment, a 3-bedroom and a 2-bedroom apartment making the property well diversified. Market rate Gross Annual Income could be as high as $26,100
See brochure for cash flow model.
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