A home with Income (Owner Occupied) [3-Units]

Eugene P. Elcik 8 Lois St Lisbon Falls, Maine 04252 Telephone: 207-353-7979 This is a 3-unit apratments owner occupied. Nicely landscaped. New high tech oil fired furnance 2011. Ample on site parking for tenants. Only 32 miles from Portland; 12 miles to Lewiston/Auburn; 7 miles to Brunswick. Lisbon has a recreation park, great schools, Worship facilities; nearby shopping. Skiing resort only 15 miles away; walking distance to the Androscoggin River for fishing or boating. Colleges within a 12 miles radius: Bowdion College, Bates College, Central Maine Community College and smaller private colleges.

The subject house has been upgraded and remodeled. A new roof cover (2010) architectural shingles. New 2011 high tech oil-fired furnance.  2nd floor tenant has been here for over 25 years. The third floor apartment is effeciency unit. Good income property to help with taxes, insurances and mortgage. First floor interior has hand-crafted artfully detailed wood work throughout. A must see to appreciate. Prequalified buyers only. Shown by appointment. An excellent value in today's market. A nice home, great quit neighborhood and centrally located to the mountain and seacoast. Plenty of outdoor sports within easy reach of Lisbon Falls. Newly Installed, a new top quality  (2008 Fall), Harman Pellet Stove in Living Room that will keep all rooms toasty warm. Harman Pellet stove sold seperately with home.  At your request, we will sell as partially furnished.  All furnishing is like new condition.  Why are we selling:  We are in our 70's and need downsize.  Since most mortgage company requires no less than 20% downpayment. We need to require a downpayment of 20%.  Owners needs 60 +- days before closing.  A great property as a family complex.  Example: mother-in-law apartment or for a family who wish to share expenses and live together but in their own private unit(s). Price has been reduced to meet present fair market value.  A great time to invest as a low cost investment property with possible major tax break. A great time to buy at today's low interest rates.