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
Active
$599,900
520 Main Street, Lewiston, ME 04240
5beds
4,306sqft
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$139/sqft
$-- HOA
What's special
Large level tree-lined lawnBeautiful sunporchRear porchDeck improvementsHardwood flooringExpansive second-floor deckTerrazzo floors
- 6 days
- 198
- 11
Zillow last checked:
Listing updated:
Listed by:
Meservier & Associates
Source: Maine Listings,MLS#: 1681927
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Direct Vent Heater, Radiator
Cooling
- None
Features
- 1st Floor Bedroom, In-Law Floorplan
- Flooring: Carpet, Other, Vinyl, Hardwood
- Windows: Double Pane Windows, Storm Window(s)
- Basement: Interior Entry,Walk-Out Access,Full,Unfinished,Brick/Mortar
- Number of fireplaces: 4
Interior area
- Total structure area: 4,306
- Total interior livable area: 4,306 sqft
- Finished area above ground: 4,306
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, 5 - 10 Spaces, Off Street, Tandem, Basement
- Garage spaces: 2
Features
- Stories: 3
- Patio & porch: Deck, Porch
Lot
- Size: 0.41 Acres
- Features: Near Shopping, Level, Open Lot, Sidewalks
Details
- Zoning: NCB
- Other equipment: DSL, Other
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete, Brick/Mortar
- Roof: Membrane,Shingle
Condition
- Year built: 1922
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System
Location
- Region: Lewiston
Financial & listing details
- Price per square foot: $139/sqft
- Annual tax amount: $6,147
- Date on market: 9/24/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $599,900$139/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







