Bought with RE/MAX Riverside
$507,000
$500,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Baths
3,936 SqFt
SOLD DATE : 09/22/2025
Key Details
Sold Price $507,000
Property Type Multi-Family
Listing Status Sold
Square Footage 3,936 sqft
MLS Listing ID 1634224
Sold Date 09/22/25
Style New Englander
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,936
Year Built 1900
Annual Tax Amount $3,236
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Source Maine Listings
Land Area 3936
Property Description
Discover this freshly updated 3-unit apartment building in the vibrant heart of Lisbon Falls, offering an ideal blend of modern comfort and income potential. Whether you're an investor seeking a turn-key addition to your portfolio or a buyer looking to live in one unit while generating rental income from the others, this property delivers. Each apartment has been tastefully refreshed, featuring bright, inviting interiors, updated kitchens and baths, and practical layouts designed for comfortable living. Tenants will appreciate the off-street parking, convenient in-town location, and easy access to shops, dining, and commuter routes. With strong rental demand in the area and the ability to offset your mortgage with rental income, this property presents an exceptional opportunity in today's market. Each unit has its own heating systems, electrical meter and panel as well as fuel tank storage.
Location
State ME
County Androscoggin
Zoning Village
Rooms
Basement Interior, Finished, Full, Unfinished
Interior
Interior Features In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, Shower, Storage
Heating Forced Air, Direct Vent Furnace
Cooling None
Flooring Wood, Vinyl, Carpet
Equipment Internet Access Available, Cable
Laundry Laundry - 1st Floor, Main Level, Washer Hookup
Exterior
Parking Features 1 - 4 Spaces, Gravel, Off Street
Utilities Available 1
View Y/N No
Roof Type Pitched,Shingle
Accessibility Level Entry
Porch Deck, Porch
Garage No
Building
Lot Description Level, Neighborhood
Story 2
Sewer Public Sewer
Water Public
Architectural Style New Englander
Structure Type Clapboard,Wood Frame
Others
Restrictions Unknown
Energy Description Propane, Oil
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