88 Russell Street, Lewiston, ME 04240
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
88 Russell Street,Lewiston, ME 04240
$665,000
- - Beds
- 4 Baths
- 2,050 sq. ft.
- Multi-family
- Active
Listed by:julia langham
Office:keller williams realty
MLS#:1630506
Source:ME_MREIS
Price summary
- Price:$665,000
- Price per sq. ft.:$324.39
About this home
Prime Investment Opportunity - 4-Unit Multi-Family + Convenience Store Near Bates College. Exceptional location just steps from Bates College! This mixed-use property features four residential units plus an on-site convenience store—perfectly positioned to serve the high-demand student and local market. Income Potential: Rents are currently below market, offering immediate upside for investors. Flexible Use: Ideal for a value-add rehab to maximize rental income—or move-in ready for owner-occupants or tenants. High Visibility: Located in a walkable neighborhood with consistent foot traffic from the college community. Student Appeal: Tap into steady demand from Bates College students, faculty, and staff. Whether you're looking to renovate for increased returns or take advantage of strong existing cash flow, this property is a rare find with unlimited potential.
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Home facts
- Year built:1900
- Listing ID #:1630506
- Updated:August 29, 2025 at 05:13 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,050 sq. ft.
Heating and cooling
- Heating:Direct Vent Furnace
Structure and exterior
- Year built:1900
- Building area:2,050 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$665,000
- Price per sq. ft.:$324.39
- Tax amount:$5,337 (2024)
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