88 Russell Street, Lewiston, ME 04240

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
88 Russell Street,Lewiston, ME 04240
$550,000
  • - 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:$550,000
  • Price per sq. ft.:$268.29

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:February 14, 2026 at 12:12 AM

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:$550,000
  • Price per sq. ft.:$268.29
  • Tax amount:$5,337 (2024)
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