FOR SALE BY OWNER
Get Pre-Approved for Your Home Loan
Complete the form below to get pre-approved for your home loan. This will help you understand your budget and show sellers you're a serious buyer.
460 Main St, Lincoln, ME 04457
460 Main St, Lincoln, ME 04457, Lincoln, ME 4457
$275,000
$79/sq ft
7 Beds
4.0 Baths
3,500 Sq Ft
FSBO-MLS.com Protection
All inquiries and showings are handled securely through our platform.
About This Property
Exceptional 4-Unit Multifamily Investment Opportunity in Lincoln, ME
Investors and owner-occupants take notice! Located at 460 Main St, this classic 4-unit property offers a spacious 3,464 sq ft layout on a 0.28-acre lot, presenting a fantastic foundation for a high-performing real estate portfolio.
The Heavy Lifting is Done: This building is fully updated to meet all current municipal coding and safety requirements. You can take over with absolute peace of mind knowing the regulatory and structural compliance is fully buttoned up and turnkey.
Significant Value-Add Upside: While the core systems and code requirements are strictly met, this property still leaves plenty of meat on the bone for a savvy investor. Through strategic cosmetic upgrades, unit modernization, and operational optimizations, there is a clear path to force appreciation, drive rent growth, and maximize cash flow and overall yield.
Featuring 7 total bedrooms and 4 full bathrooms across four well-demised units, the property is perfectly positioned to capture strong tenant demand. Whether you are looking to structure a creative financing deal, expand a local portfolio, or house-hack your way into a cash-flowing asset, this property delivers both immediate stability and tremendous future upside.
Property Type
Multi Family
Year Built
1900
Lot Size
0.28 Acres
Heating
Propane / Butane
Cooling
None
Features & Amenities
Interior Features
- Dryer
- Hardwood
- Metal
- None
- Off-street
- Propane / Butane
- Unfinished
- Vinyl
- Washer
Kitchen & Appliances
- Dishwasher
Property Owner
PO
Property Owner
Property Owner
Schedule a Showing
Get Pre-Approved for Your Home Loan
Complete the form below to get pre-approved for your home loan. This will help you understand your budget and show sellers you're a serious buyer.
Mortgage Calculator
$
$
%
%
$
$
$
Estimated Monthly Payment
$1,839
Payment Breakdown
Principal & Interest
$1,464
Property Tax
$275
Home Insurance
$100
HOA Fees
$0
Loan Amount
$220,000
Total Interest Paid
$306,920
Total Cost
$526,920