637 Lisbon Street

Lisbon, ME 04252

$365,000
Price
4
Beds
2
Baths
4,480 Sq. Ft.
$81 / Sq. Ft.
4,480
Sq. Ft.
$81
per Sq. Ft.

Description

This is a must see opportunity. Location, location, location. This 2 family multi-unit duplex home is situated in a well-established neighborhood boasts everything a homeowner and or an investor can ask for. This 1990 square foot farmhouse offers renters and homeowners the best of both worlds. Invest and earn rental income, live in one unit and rent out the other, or convert the whole building into your dream home. This quintessential multifamily farmhouse is replete with recent updates to integral...This is a must see opportunity. Location, location, location. This 2 family multi-unit duplex home is situated in a well-established neighborhood boasts everything a homeowner and or an investor can ask for. This 1990 square foot farmhouse offers renters and homeowners the best of both worlds. Invest and earn rental income, live in one unit and rent out the other, or convert the whole building into your dream home. This quintessential multifamily farmhouse is replete with recent updates to integral property features, including roof, windows, yearly furnace servicing, exterior painting, refurbished hard wood floors, this broker owned property has been well maintained and much more. Nervous of uprising costs of oil fuel? This house is heated by natural gas and is sealed tight to keep the warmth in during the winter months. Comfort, character, and efficiency, this home is nothing more than perfect. Boasting a large backyard, plenty of off-street parking, and offers outsized storage for landlord or tenants. Stay warm and cozy during the winter months and enjoy the night sky during the summer evenings on the sizable front wrap around porch. Perfect for a front porch swing! With on-site parking and just 10 miles to both Bates and Bowdoin colleges, this rare gem is conveniently located on a thoroughfare catty-corner from a convenience store and just down the road from local services, civic institutions. Walking distance to the local elementary and high school, daycares, walking trails, as well as local eateries and breweries such as Flux restaurant, Olive Pit Brewing, and the Lisbon House of Pizza to name a few. Walgreens, Subway, and Aroma Joes are also nearby. Just around the corner from the abundant urban amenities of Downtown Lisbon you may enjoy views of the Androscoggin River, a library, shops, a meat market, and restaurants. Only minutes to the interstate, 30 minutes to Bath Iron Works, 20 minutes to Brunswick/Topsham's regional shopping centers.
  1. Listed by Michael Atienza • Atienza Commercial & Residential Real Estate Brokers LLC

Property Details for 637 Lisbon Street

Waterfront
No
ArchitecturalStyle
Duplex, Farmhouse, Multi-Level
Garage
No
Zoning
007
View
Trees/Woods

Location

Listing Courtesy of Atienza Commercial & Residential Real Estate Brokers LLC
Add your commute
LISTING UPDATED: 04/04/2024 12:02 PM

Property Details for 637 Lisbon Street

StatusActive
MLS #1585643
Days on Market42
Taxes$2,596 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1920
Lot Size0.29 AC / 12,632 SF
CountyAndroscoggin County

Location

Listing Courtesy of Atienza Commercial & Residential Real Estate Brokers LLC
Add your commute

Building Information for 637 Lisbon Street

Stories-Residences2Year Built1920Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$2,208 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,992

Property Taxes

$216

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 637 Lisbon Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 1210
  • Town: Lisbon
  • State/Province: ME
  • Zip Code: 04252
  • County: Androscoggin
  • Geo Latitude: 44.000956
  • Geo Longitude: -70.064979
  • Tax Lot: 007
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Neighborhood: Yes
  • Location:Rural: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Paved
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 1022
  • Tax Map Number: U06
  • Tax Year: 2022
  • Parcel Number: LISN-000006U-000000-000007
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $2,596.00
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:Off Heating System: Yes
Lot Information
  • SqFt Finished Below Grade: 2490.0
  • SqFt Finished Above Grade: 1990.0
  • Lot Size Acres: 0.29
  • Source of Acreage: Public Records
  • Building Area Total: 4480.0
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Lot Size Square Feet: 12632.4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 637
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
Parking
  • Driveway:Paved: Yes
Property and Assessments
  • Sign on Property: Yes
  • Documents Available: Property Disclosure Member Only
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1920
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Pole: YES
  • Utilities:Utilities On: Yes
  • Gas:Natural - At Street: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Asbestos, Post & Beam
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Interior Entry, Walk-Out Access, Unfinished
  • Flooring: Wood, Laminate, Carpet
  • Interior Features: 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Shower
  • Cooling: None
  • Heating: Radiator, Radiant, Multi-Zones, Hot Water, Forced Air, Baseboard
  • Foundation Details: Concrete Perimeter
  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $39,600.00
  • Operating Expenses: $8,500.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,650.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: Yes
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: No
  • Unit 1:Water: No
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: Second
  • Unit 2:Security Deposit: Yes
  • Unit 2:Monthly Rent: $1,650.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: Yes
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: No
  • Unit 2:Water: No
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 637 Lisbon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 637 Lisbon Street

Taxable ValueLand$32,600Additions$79,800Total$112,400
Tax Record2023$2,372 ($198 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,990 SqFtAbove Grade Finished SqFt1,990 SqFtStories2Lot Size12,632 SqFtStyleSingle Family ResidenceYear Built1920ZoningVILLAGCountyANDROSCOGGINAPNLISN M:U06 L:007

Schools near 637 Lisbon Street

This home is within Lisbon Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 12
Rating
School
Distance
Lisbon Community School
PublicPK to 5

Philip W Sugg Middle School
Public6 to 8

Lisbon High School
Public9 to 12

Lisbon Falls Christian Academy
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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637 Lisbon Street is a multi-family home for sale in Lisbon, ME 04252. This property was listed for sale on April 1, 2024 by Atienza Commercial & Residential Real Estate Brokers LLC, it's currently listed at $365,000. It has been on the market for a total of 42 days and was last sold on November 30, 2018. This listing's school district is Lisbon Public Schools. Nearby schools include Lisbon Community School, Philip W Sugg Middle School and Lisbon High School. 637 Lisbon Street is a 4-bed, 2-bath, 4,480 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Atienza Commercial & Residential Real Estate Brokers LLC

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.