This spacious two-unit property is a fantastic opportunity to generate passive income or enjoy the benefits of owner-occupied living. Boasting significant updates over the past two years, this property is move-in ready and offers modern convenience for its new owner. Recent improvements include new heat pumps and water heaters, updated flooring, kitchen appliances, refreshed bathrooms, and a partial roof replacement. The interior has been freshly painted, creating a bright and welcoming space. With abundant parking and a convenient horseshoe driveway providing easy access to and from the main street, this property is as functional as it is appealing. The first-floor unit features three bedrooms, while the second-floor unit offers two bedrooms along with additional storage space. Additionally, there is potential to add a third residential or commercial unit on the first floor (pending town approval). This space has a separate entrance, and with the installation of a sprinkler system throughout the building, you can maximize the property's income potential. Conveniently located in a prime Lisbon area, this property is perfect for easy commuting and provides access to nearby amenities. Whether you're an investor or a future homeowner, 221 Lisbon Street is an incredible opportunity to own a versatile, income-producing property.