65 Main Street, Lisbon, ME 04252

New Listing
$375,000
Property Type: Multi-Family Baths: 4 Square Footage: 2,500 Lot Size (sq. ft.): 13,939 Status: Active Under Contract
Current Price: $375,000 List Date: 5/26/2026 Last Modified: 5/30/2026

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.

Supplements: ********

More Information MLS# 1663930

Location Information

Street #: 65 Street Name: Main Street Type: Street County: Androscoggin Town: Lisbon State/Province: ME Zip Code: 04252 Zip +4: 1725 Leased Land: No Book: 11564 Page: 219 Map: U04 Lot: 142 Zoning: Res Zoning Overlay: No Association: No Full Tax Amount $: 4823 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 44.000192 Geo Lon: -70.057752

Contract Information

Status: Active Under Contract Original List Price: 349900 List Price: $375,000 Current Price: $375,000

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Deed/Conveyance Type Offered: Warranty Deed Restrictions: Unknown Number of Units: 2 Total Baths: 4 Total Full Baths: 3 Total Half Baths: 1 Color: White Year Built: 1920 SqFt Finished Above Grade: 2500 SqFt Finished Total: 2500 SqFt Source: Other Other Source of Square Footage: Broker educated guess Garage: Yes Garage Spaces: 1 Lot Size Acres +/-: 0.32 Source of Acreage: Public Records Road Frontage: Yes Road Frontage +/-: 80 Source of Road Frontage: Public Records

Status Change Info

Kick-Out: No

Water Info

Water Frontage: No Water View: No

Building Info

# Heating Units: 2 # Water Heaters: 2

Units

# of 3 BD Units: 2

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1600 # Full Baths: 2 # of Rooms: 6 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: First Security Deposit: No Monthly Rent: 2200 # Full Baths: 1 # Half Baths: 1 # of Rooms: 5 # of Bedrooms: 3 Dedicated Electric Meter: Yes Dedicated Gas Meter: Yes Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Utilities

Utilities On: No

Property Features

Site: Level Location: Intown; Near Shopping; Near Town; Neighborhood Roads: Paved; Public Style: Cape Cod; New Englander Construction: Wood Frame Basement: Unfinished Basement Entry: Interior Foundation Materials: Brick/Mortar; Stone Exterior: Vinyl Siding Roof: Pitched; Shingle Heat System: Forced Air; Heat Pump Heat Fuel: Propane Water Heater: Heat Pump Cooling: Heat Pump Floors: Laminate; Vinyl; Wood Window Features: Double Pane Windows Amenities: 1st Floor Bedroom; Bathtub; Laundry - 1st Floor; Laundry - 2nd Floor; Primary Bedroom w/Bath; Shower Patio and Porch Features: Deck; Patio Driveway: Paved Parking: 5 - 10 Spaces Vehicle Storage: 1 Car; Detached Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: EXP Realty
Last Updated: May - 30 - 2026
65 Main Street, Lisbon, ME 04252- MLS# 1663930
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