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.

Property Features