Lisbon ME Multi Family for Sale
$350,000
221 Street Lisbon, ME 04250
- Type:
- Multi-Family
- Sq.Ft.:
- 1,836
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 1611077
View additional info
Courtesy: Maine Real Estate Co
800-971-8860
ADDITIONAL INFORMATION
This spacious two-unit property is a fantastic opportunity to generate passive income or enjoy the benefits of owner-occupied living. Boasting significant updates over the past two years, this property is move-in ready and offers modern convenience for its new owner. Recent improvements include new heat pumps and water heaters, updated flooring, kitchen appliances, refreshed bathrooms, and a partial roof replacement. The interior has been freshly painted, creating a bright and welcoming space. With abundant parking and a convenient horseshoe driveway providing easy access to and from the main street, this property is as functional as it is appealing. The first-floor unit features three bedrooms, while the second-floor unit offers two bedrooms along with additional storage space. Additionally, there is potential to add a third residential or commercial unit on the first floor (pending town approval). This space has a separate entrance, and with the installation of a sprinkler system throughout the building, you can maximize the property's income potential. Conveniently located in a prime Lisbon area, this property is perfect for easy commuting and provides access to nearby amenities. Whether you're an investor or a future homeowner, 221 Lisbon Street is an incredible opportunity to own a versatile, income-producing property.
Lisbon Real Estate
The median home value in Lisbon, ME is $277,900. This is higher than the county median home value of $268,100. The national median home value is $338,100. The average price of homes sold in Lisbon, ME is $277,900. Approximately 70.44% of Lisbon homes are owned, compared to 21.35% rented, while 8.21% are vacant. Lisbon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lisbon real estate agent to arrange a tour today!
Lisbon, Maine 04250 has a population of 9,588. Lisbon 04250 is more family-centric than the surrounding county with 35.23% of the households containing married families with children. The county average for households married with children is 28.32%.
The median household income in Lisbon, Maine 04250 is $67,816. The median household income for the surrounding county is $59,287 compared to the national median of $69,021. The median age of people living in Lisbon 04250 is 36.8 years.
Lisbon Weather
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 8.1 degrees. The average rainfall is approximately 48.2 inches per year, with 66.9 inches of snow per year.