$325,000

Est. Mortgage $0/mo *

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272 Lisbon Street, Lisbon, ME, 04250

272 Lisbon Street, Lisbon, ME, 04250
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4 Full baths

1920

Multi-Level, Other Style

2,128 sqft

Open House March 15th from 11am-1pm ATTENTION INVESTORS! This four-unit multifamily property offers an excellent opportunity with strong rental potential. Situated on a lot with ample parking, this investment property is conveniently located near all in-town amenities, making it highly desirable for tenants. Each of the four units features 1 bedroom, 1 bath, a small applianced kitchen, and a living room. Tenants benefit from dedicated heating systems in each unit, primarily gas monitor heaters. Flooring throughout the property is a mix of hardwood, vinyl, laminate, and some carpeting. Some rents currently below market value, there is potential for investors looking to increase cash flow. Units 1,2, and 4 are occupied, and showings require at least 24 hours' notice. Unit 3 has recently been renovated. Located in the Village (V) district, this .58-acre corner lot meets town requirements for an Accessory Dwelling Unit (ADU)—3,000 sq. ft. per dwelling unit (with town sewer) and 50 feet of frontage. Adding an ADU requires Planning Board approval and a fire sprinkler system. Additional code requirements may apply. Contact Mark C. Stambach - Code Enforcement Officer Don't miss this opportunity to add an income-producing property to your portfolio. Schedule your showing today!

Status:

Active

Type:

Multi-family

Units:

4

Zoning:

General

Frontage:

86

Heating:

Other Heat System, Forced Air, Direct Vent Furnace

Cooling:

None

Basement:

Brick/Mortar, Dirt Floor, Partial, Sump Pump, Interior Entry

Parking:

5 - 10 Spaces, Gravel, On Site

Acreage:

0.58

Est. Taxes:

$2,696

Construction

Vinyl Siding, Wood Frame

Utilities

Utilities On

Lot Description:

Corner Lot, Level, Open Lot, Near Shopping, Suburban

Amenities:

1st Floor Bedroom, Bathtub, Shower

MLS #:

1615774

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Fontaine Family-The Real Estate Leader