Two-Unit Duplex with
For Sale
$430,000
28 Park Street, Lisbon, ME 04250
Maintained rental property with private entrances, hardwood floors, and in-unit laundry for both residences.
Property Size2,547 SF
Price / SF$168.83
Days on Market30
Property Features for 28 Park Street
General Information
Standard status
Active
Size
2,547 SF
Property subtype
Multi-family
Building Details
Year Built
1900
Listing Agency:
Keller Williams Realty
Listed By:
Mike Sahabo
(603) 866-2942
Source:
Profoundrealestate
Added: Jul 8
Changed: Jul 31
Last Checked: Aug 5 at 5:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
Located at 28 Park Street in Lisbon, Maine, this 2,547-square-foot duplex was built in 1900 and offers two residential units. Unit 1 includes 2 bedrooms and 1 bathroom, while Unit 2 includes 3 bedrooms and 1 bathroom. Both units feature private entrances, hardwood floors, and dedicated in-unit washers and dryers.
A spacious attached 2-car garage provides secure parking or additional storage. The property is suited to duplex ownership with separate residences and practical shared improvements.
A spacious attached 2-car garage provides secure parking or additional storage. The property is suited to duplex ownership with separate residences and practical shared improvements.
Key Highlights
- Two‑unit duplex with 2,547 square feet, built in 1900
- Unit 1: 2 bedrooms and 1 bathroom
- Unit 2: 3 bedrooms and 1 bathroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.4k | $14.28 |
| − Vacancy | −$484 | −$0.19 |
| EGI | $35.9k | $14.09 |
| − OpEx | −$10.8k | −$4.23 |
| NOI | $25.1k | $9.86 |
2,547 SF · lease $14.28/SF/yr · vacancy 1.33% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$358.9K
$314.0K – $418.7K
NOI $25,121 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$341.0K
$298.4K – $397.8K
NOI $23,868 @ 7.0% cap · market cap 5.55%
Theoretical Best
Warehouse
$4.52M
$3.96M – $5.28M
NOI $316,656 @ 7.0% cap · market cap 73.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Explore this area
Business Placement
Demographics for 04250, ME
4,813
Population
2,038
Households
2.4
Avg Household Size
46
Median Age
21%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
411
Density / Sq Mi
$71,903
Median Household Income
$49,091
Median Earnings
$854
Median Rent
$225,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Maintained rental property with private entrances, hardwood floors, and in-unit laundry for both residences.
Where is this duplex located?
The property is located at 28 Park Street Lisbon, ME.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,547 square feet, built in 1900; Unit 1: 2 bedrooms and 1 bathroom; Unit 2: 3 bedrooms and 1 bathroom
