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About the Listing 2756 - 014340
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.
Listing Highlights for 88 Russell St
Status
Active
Days on Site
116
Property Type
Multi-Family
MLS ®
1630506
Year Built
1900
Total Square Footage
2,050
Lot/Acreage
0.16
County
Androscoggin
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Direct Vent Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2050
- Below Ground Sq Ft: 0
- Basement: Interior,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Sidewalks,Near Town
- Garage Capacity: N/A
- Zoning: NCA
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: 1 - 4 Spaces,Paved,On Street
Financial Details
- Tax Amount: $5,337
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
88 Russell St Lewiston, ME 04240
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