Skip main navigation
Closed
  • $365,000

    274 Lisbon Street, Lisbon, ME 04250

    7beds
    2,424sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $367,800 Zestimate®
    $151/sqft
    $1,876 Estimated rent

    What's special

    Discover the potential of this well-located 2-unit building, ideally situated in the center of Lisbon. The property features one 3-bedroom unit and one 4-bedroom unit, offering flexibility for both investors and owner-occupants. The 3-bedroom unit has been recently updated, showcasing the possibilities for future upgrades throughout the building. The spacious 4-bedroom unit is primed for improvements, creating an excellent opportunity for rental growth. Both units are currently rented on a month-to-month basis, with the 3-bedroom unit generating $2,250 per month. Whether you're looking to owner-occupy and offset your mortgage or seeking a value-add investment, this property delivers. With some basic improvements and market-rate rents, investors could realize an impressive projected 13% capitalization rate. Additional highlights include: 200 feet of scenic river frontage A generous lot offering outdoor space A rare two-car garage—an uncommon find in the multifamily market This is a unique chance to own a versatile and income-generating property in one of Lisbon's most convenient locations. Don't miss out—schedule your showing today and explore all that this property has to offer.

    Zillow last checked: 7 hours ago

    Listing updated: June 26, 2025 at 06:10am

    Listed by:

    Keller Williams Realty

    Bought with:

    Maine Real Estate Co

    Source: Maine Listings,MLS#: 1621474MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Flooring: Vinyl, Laminate, Carpet
    • Basement: Interior,Walk-Out Access,Unfinished
    Interior area
    • Total structure area: 2,424
    • Total interior livable area: 2,424 sqft
    • Finished area above ground: 2,424
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: 1 - 4 Spaces, Gravel
    • Attached garage spaces: 2
    Features
    • Has view: Yes
    • View description: Trees/Woods
    • Body of water: no name river
    • Frontage length: Waterfrontage: 200,Waterfrontage Owned: 200
    Lot
    • Size: 1.15 Acres
    • Features: Rolling/Sloping, Wooded, Near Turnpike/Interstate, Near Town
    Details
    • Parcel number: LISNMU16L075
    • Zoning: Gen Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Wood Frame
    • Foundation: Granite, Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Lisbon
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.