520 Main Street, Lewiston, ME 04240
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
520 Main Street,Lewiston, ME 04240
$549,900
- - Beds
- 6 Baths
- 4,306 sq. ft.
- Multi-family
- Active
Office: meservier & associates
MLS#:1681927
Source:ME_MREIS
Price summary
- Price:$549,900
- Price per sq. ft.:$127.71
About this home
INVESTORS! A unique and versatile property with tremendous income potential. Formerly the well-known Farnham House Bed & Breakfast, which operated successfully from 1982 to 2004, the property has most recently been used as office space. Offering 14 rooms, 6 BATHROOMS, 3 KITCHENS and 4 fireplaces, the building is currently configured with multiple living areas, including apartment-style spaces on the second and third floors. The third floor is set up as an apartment, while the second floor offers flexibility for one larger apartment or potential additional units. The first floor is currently open to the second, so modifications would be needed to create fully separated units. Utilities and building systems are not separately divided. Located near Bates College and area hospitals, this property offers exceptional flexibility and may also be well suited for a multi-generational household seeking separate living spaces under one roof. Investors may consider housing for traveling professionals, furnished rentals, boarding-house use, multi-unit conversion, business use with rental income, or other possibilities, subject to municipal approvals, zoning and permitting. Built in 1922, the Farnham House is rich with character and craftsmanship, including original cabinetry, terrazzo floors, hardwood flooring, detailed woodwork, built-ins and original architectural features. Hardwood floors are believed to remain beneath much of the carpeting. Additional features include a beautiful sunporch, rear porch, expansive second-floor deck, large level tree-lined lawn and a garage beneath the home with tandem parking for two smaller vehicles. Numerous updates have been completed over the years, including windows, vinyl siding, roofing, sheetrock, electrical improvements, plumbing, insulation, a new boiler, deck improvements and fiber-optic cable to every room. The property has changed hands only a...
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Home facts
- Year built:1922
- Listing ID #:1681927
- Updated:November 10, 2026 at 11:37 AM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:5
- Flooring:Carpet, Hardwood, Vinyl
- Bedroom Description:1st Floor Bedroom
- Basement Description:Brick/Mortar, Full, Interior Entry, Unfinished, Walk-Out Access
- Living area:4,306 sq. ft.
Heating and cooling
- Heating:Direct Vent Heater, Heating, Oil, Radiator
Structure and exterior
- Roof:Membrane, Shingle
- Year built:1922
- Building area:4,306 sq. ft.
- Lot area:0.41 Acres
- Lot Features:Level, Near Public Transit, Near Shopping, Open Lot, Sidewalks
- Architectural Style:Colonial
- Construction Materials:Vinyl Siding, Wood Frame
- Exterior Features:Deck, Porch
- Foundation Description:Brick/Mortar, Poured Concrete
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$549,900
- Price per sq. ft.:$127.71
- Tax amount:$6,147 (2026)
Features and amenities
- Amenities:In-Law Floorplan
Parking
- Parking description:5 - 10 Spaces, Off street, Paved, Tandem
- Garage:Yes
- Garage spaces:2
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