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$345,000
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Property Description
Large, extensively updated two-unit property located at 65 Main Street in Lisbon, Maine, offering an excellent opportunity for an owner-occupant or investor looking for strong income potential with major recent capital improvements already completed. This property features two spacious units, including a recently and completely remodeled Unit 2, currently vacant and ready for potential owner occupancy or placement at market rent. Unit 1 is occupied by a strong long-term tenant. Overall rents appearing to be under market and offering future upside for rental income growth. Recent improvements include three new heat pumps installed in 2025, new heat-pump water heaters for both units, new hot-air furnaces for both units in 2026, some new appliances in Unit 2, new siding, some newer roofing, and several updated doors and windows. With tenants paying most utilities, low operating expenses, updated systems, and a large lot, this property is well positioned as a lower-maintenance investment with long-term stability and room for increased cash flow. Conveniently located in Lisbon's Main Street area, the property benefits from a community-focused setting with access to Route 196, the Androscoggin River corridor, local village amenities, and regional connections toward Lewiston/Auburn, Topsham, Brunswick, and the I-95/I-295 commuter routes. Lisbon's own downtown planning highlights its traditional mixed-use village centers, Main Street character, river access, and ongoing focus on revitalization, making this a compelling location for both tenants and future owners.
Full Property Details
Full Property Details for 65 Main St
General
- Sold For: $345,000
- Taxes: $4,823 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1663930
- Added to Site: 46 day(s) ago
Interior
- Interior Features: 1st Floor Bedroom, Bathtub, Shower, Primary Bedroom w/Bath
- Flooring: Laminate, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Other Rooms
- Laundry: Main Level, Upper Level
Exterior
- Porch/Patio/Deck: Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Paved, 5 - 10 Spaces, Detached
Location
- County: Androscoggin
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Propane, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cape Cod, New Englander
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Unfinished
- Roof: Pitched, Shingle
- Windows: Double Pane Windows
- Square Feet: 2,500
- Finished Total: 2,500 Sq. Ft.
- Finished Above Grnd: 2,500 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939.2
- Zoning: Res
- Lot Description: Intown, Near Shopping, Near Town, Neighborhood, Level
Financial Considerations
- Operating Expenses: $8,073
- Tax Amount: $4,823
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 142
Listed by EXP Realty (888) 439-8743
Sold by Hearth & Key Realty (207) 241-2327
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Schools
Schools serving 65 Main St
School District:Lisbon
| Name | Grades | Distance |
|---|---|---|
Lisbon Community School 33 Mill Street, Lisbon, ME 04250 | PK-5 | 2.1 mi |
Philip W Sugg Middle School 4 Sugg Drive, Lisbon, ME 04252 | 6-8 | 0.6 mi |
Lisbon High School 2 Sugg Drive, Lisbon, ME 04252 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 65 Main St
Date
Details
Price
Change
Source
7/10/2026
Sold
$345,000
-1.15%
MLS
6/04/2026
Price Reduced
$349,000
-6.93%
MLS
5/30/2026
Price Increased
$375,000
7.17%
MLS
5/26/2026
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
65 Main Street, Lisbon, ME 04252 (MLS# 1663930) is a Multi-Family property that was sold at $345,000 on July 10, 2026. Want to learn more about 65 Main 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.

