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Multi-FamilyMELisbon04250272 Lisbon Street, Lisbon, ME, 04250

272 Lisbon Street, Lisbon, ME, 04250

272 Lisbon Street, Lisbon, ME, 04250
4 baths
$330,000
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Basics

  • Date added: Added 6 months ago
  • Category:
  • Status:
  • Bathrooms: 4
  • Lot size: 0.58 sq ft
  • Year built: 1920
  • Bathrooms Full: 4
  • Lot Size Acres: 0.58 acres
  • Zoning: General
  • County: Androscoggin
  • MLS ID: 1636369

Description

  • 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!

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Location

Building Details

  • Building Area Total: 2128 sq ft
  • Number Of Units Total: 4
  • Construction Materials: Vinyl Siding, Wood Frame
  • Architectural Style: Other
  • Sewer: Public Sewer
  • Heating: Other Heat System, Forced Air, Direct Vent Furnace
  • Roof: Pitched, Shingle
  • Foundation Details: Brick/Mortar
  • Levels: Multi-Level
  • Basement: , , , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Utilities: Utilities On
  • Parking Features: 5 - 10 Spaces, Gravel, On Site
  • Garage Spaces: 0
  • WaterSource: Public
  • Interior Features: 1st Floor Bedroom, Bathtub, Shower
  • Lot Features: Open, Corner Lot, Level, Near Shopping, Suburban
  • Cooling: None

Fees & Taxes

  • Gross Income: $62,400

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: Fontaine Family-The Real Estate Leader

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Office: 207-942-6310

458 Main Street
Bangor, ME 04401
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