This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$365,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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.
Full Property Details
Full Property Details for 274 Lisbon St
General
- Sold For: $365,000
- Taxes: $4,359 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1621474
- Added to Site: 292 day(s) ago
Interior
- Flooring: Vinyl, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: 1 - 4 Spaces, Gravel
Location
- County: Androscoggin
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: New Englander
- Construction: Aluminum Siding, Wood Frame
- Roof: Shingle
- Building Size: 2424
- Square Feet: 2,424
- Living Area: 2,424 Sq. Ft.
- Finished Total: 2,424 Sq. Ft.
- Finished Above Grnd: 2,424 Sq. Ft.
- Year Built: 1900
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 1.15
- Lot Size (Sq. Ft.): 50,094
- Lot Size Source: Public Records
- Zoning: Gen Res
- Lot Description: Rolling/Sloping, Wooded, Near Turnpike/Interstate, Near Town
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $4,359
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 75
Listed by Keller Williams Realty (207) 879-9800
Sold by Maine Real Estate Co (800) 971-8860
Get Pre-Approved Today
Schools
Schools serving 274 Lisbon St
School District:Lisbon
| Name | Grades | Distance |
|---|---|---|
Lisbon Community School 33 Mill Street, Lisbon, ME 04250 | PK-5 | 0.8 mi |
Philip W Sugg Middle School 4 Sugg Drive, Lisbon, ME 04252 | 6-8 | 2.5 mi |
Lisbon High School 2 Sugg Drive, Lisbon, ME 04252 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 274 Lisbon St
Date
Details
Price
Change
Source
6/25/2025
Sold
$365,000
4.58%
MLS
5/05/2025
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
274 Lisbon Street, Lisbon, ME 04250 (MLS# 1621474) is a Multi-Family property that was sold at $365,000 on June 25, 2025. Want to learn more about 274 Lisbon Street? Do you have questions about finding other Multi-Family real estate for sale in Lisbon? You can browse all Lisbon real estate or contact a Coldwell Banker agent to request more information.

