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Multi-FamilyMELewiston04240216 Russell Street, Lewiston, ME, 04240

216 Russell Street, Lewiston, ME, 04240

216 Russell Street, Lewiston, ME, 04240
2 baths
$259,900
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Basics

  • Date added: Added 3 months ago
  • Category:
  • Status:
  • Bathrooms: 2
  • Lot size: 0.5 sq ft
  • Year built: 1890
  • Bathrooms Full: 2
  • Lot Size Acres: 0.5 acres
  • Zoning: NB/NCA
  • County: Androscoggin
  • MLS ID: 1652885

Description

  • Description:

    OPEN HOUSE, March 21st 12-2PM! Welcome to 216 Russell Street--an opportunity packed with flexibility and income potential in Lewiston near Bates College. Set on a generous half-acre lot, this well-located mixed-use property offers room to spread out while still enjoying the benefits of an in-town location.

    The property features two residential units plus a commercial space, making it ideal for investors, owner-occupants, or entrepreneurs looking to combine living and working in one place. Each residential unit includes two bedrooms and one full bathroom, separate laundry hookups, and practical layouts designed for comfortable living.

    The first-floor unit is rich in character, highlighted by high ceilings, hardwood floors, wide baseboards, and a classic tin ceiling. A large mudroom adds everyday functionality--perfect for Maine seasons and extra storage.

    Adding even more value is a 420± sq ft commercial space, located within the Neighborhood Business District. Whether you envision a home-based business, office, studio, or income-producing rental, this flexible space offers excellent potential for additional revenue.

    With its mixed-use zoning, classic architectural details, ample outdoor space, and multiple income streams, 216 Russell Street is a rare opportunity that blends character, versatility, and long-term value.

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Location

Building Details

  • Building Area Total: 2420 sq ft
  • Number Of Units Total: 2
  • Construction Materials: Wood Siding, Wood Frame
  • Architectural Style: Other
  • Sewer: Public Sewer
  • Heating: Hot Water
  • Roof: Shingle
  • Foundation Details: Stone, Brick/Mortar
  • Basement: , , ,

Amenities & Features

  • Laundry Features: Washer Hookup
  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl
  • Parking Features: Underground, Basement, 5 - 10 Spaces, Paved
  • Garage Spaces: 1
  • WaterSource: Public
  • Interior Features: 1st Floor Bedroom, Bathtub
  • Lot Features: Well Landscaped, Rolling/Sloping, Open, Level, Sidewalks, Near Shopping, Near Town
  • Patio And Porch Features: Porch
  • Cooling: None

Fees & Taxes

  • Gross Income: $46,800

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: Dream Home Realty LLC

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