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Turnkey Duplex with Private Entrances

28 Park Street Lisbon, ME 04250

New
28 Park Street, Lisbon, ME, 04250
$430,000
For Sale
$430,000

MULTI_FAMILY - Other - Lisbon, ME

Property Size2,547 SF
Lot Size0.64 Acres
Price / SF$168.83
Days on Market2

Property Features for 28 Park Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bathrooms
2
Rooms
Bathroom 1, Basement, Bathroom 2
Patio and Porch features
Deck, Porch
Interior features
In-Law Apartment, 1st Floor Bedroom, Bathtub, Shower, Storage
Basement
Full, Partial
Standard status
Active
Size
2,547 SF
Lot size
0.64 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3758

Utilities

Sewer type
Public Sewer
Heating system
Oil, Zoned, Baseboard, Hot Water(Heating)
Water source
Public

Building Details

Year built
1900
Number of units
2
Flooring type
Vinyl, Wood, Tile, Carpet
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency Keller Williams Realty
445 Main Street Suite 1A, Portland, ME
Listed by Mike Sahabo
Added: Jul 19 Checked: Jul 20 at 4:06 pm
MLS# 1672561 Listing URL

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained duplex features two separate, turnkey units with private entrances. Unit 1 offers 2 bedrooms and 1 bathroom. Unit 2 offers 3 bedrooms and 1 bathroom. Both units include hardwood floors and dedicated in-unit washers and dryers to support everyday convenience.

The property includes an attached 2-car garage, providing secure parking or additional storage space. The listing is for sale as a residential duplex within residential zoning.

With distinct layouts for a 2-bedroom and 3-bedroom unit, the property is configured to accommodate two households under one roof while maintaining privacy through separate entries.

Key Highlights

  • Duplex at 28 Park Street, Lisbon, ME, built in 1900 with public water and public sewer
  • Unit 1 offers 2 bedrooms and 1 bathroom with private entrance and hardwood floors
  • Unit 2 offers 3 bedrooms and 1 bathroom with private entrance and hardwood floors

Local 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 (±1% cap)
NOI $25,121 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$341.0K
$298.4K – $397.8K (±1% cap)
NOI $23,868 @ 7.0% cap · market cap 5.55%
Theoretical Best
Warehouse
$4.52M
$3.96M – $5.28M (±1% cap)
NOI $316,656 @ 7.0% cap · market cap 73.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Auto Parts Store Pharmacy Storage Facility Garden Center (Bike/Boat/Book/etc) Store Skin Care Clinic Law Firm Computer & Electronic Repair Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex with two private-entry units, in-unit washers/dryers, hardwood floors, and an attached 2-car garage.
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: Duplex at 28 Park Street, Lisbon, ME, built in 1900 with public water and public sewer; Unit 1 offers 2 bedrooms and 1 bathroom with private entrance and hardwood floors; Unit 2 offers 3 bedrooms and 1 bathroom with private entrance and hardwood floors
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