272 Lisbon ST Pending Save Request In-Person Tour Request Virtual Tour
Lisbon,ME 04250
Key Details
Property Type Multi-Family
Listing Status Pending
Square Footage 2,128 sqft
Price per Sqft $155
MLS Listing ID 1636369
Style Other
Full Baths 4
Year Built 1920
Annual Tax Amount $2,696
Tax Year 2024
Lot Size 0.580 Acres
Property Description
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 1 is being renovated currently, 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 if 3+ units a fire sprinkler system. Back of lot has been cleared for ADU. 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!
Location
State ME
County Androscoggin
Zoning General
Interior
Heating Other Heat System,Forced Air,Direct Vent Furnace
Cooling None
Flooring Wood,Vinyl,Laminate,Carpet
Exterior
Parking Features 5 - 10 Spaces,Gravel,On Site
Utilities Available 1
View Y/N No
Roof Type Pitched,Shingle
Building
Lot Description Open,Corner Lot,Level,Near Shopping,Suburban
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame