171-175 Walnut ST, Lewiston, ME 04240
171-175 Walnut ST, Lewiston, ME 04240
171-175 Walnut ST, Lewiston, ME 04240
32
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Listed by Deborah Meek Keller Williams Realty
$399,900
Est. payment /mo
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3 Baths
3,124 SqFt
Active

171-175 Walnut ST Lewiston, ME 04240

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,124 sqft

Price per Sqft $128

MLS Listing ID 1672103

Full Baths 3

HOA Y/N No

Year Built 1926

Tax Year 25

Lot Size 9,583 Sqft

Acres 0.22

Source Maine Listings

Land Area 3124

Property Description

FHA ASSUMABLE MORTGAGE AT JUST 2.75%* Plus Seller Concessions Available for acceptable terms TWO PARCELS. THREE APARTMENTS. PLENTY OF POSSIBILITIES. A rare double-parcel offering in Lewiston! 171 & 175 Walnut Street combine a well-maintained three-unit property, established rental income, exceptional off-street parking and an adjoining vacant parcel offering additional space and possibilities. * An existing FHA mortgage at just 2.75% may be assumable by qualified buyers, subject to servicer approval, an exceptionally attractive financing opportunity in today's market. And you thought low rates were history! A very rare opportunity exists - an FHA assumable mortgage at just 2.75%, plus seller concessions. Two parcels, three apartments, plenty of possibilities. A rare double parcel offering in Lewiston, 171 and 175 Walnut Street combine a well maintained three-unit property, established rental income, exceptional off-street parking and an adjoining vacant parcel offering additional space and intriguing possibilities. This opportunity gives meaningful flexibility whether you're looking for a home with income or an investment property. The spacious three-bedroom apartment and one of the one-bedroom apartments are currently rented, providing established income. The lower-level rear one-bedroom apartment remains vacant, ready for an owner-occupant who wants to move straight in while enjoying rental income from the other two. Well maintained, with a brand new roof, parking for up to 6 vehicles, a detached two-car garage, balcony decks and rear porches, it offers comfort and practicality. The adjoining vacant parcel at 175 provides a generous garden and intriguing possibilities for the future, subject to approvals. Two parcels, three apartments, established rental income, exceptional parking, and generous seller contribution bridging the affordability gap and providing excellent buyer opportunities. Don't miss, call today! **Contains some AI enhanced imagery

Location

State ME

County Androscoggin

Zoning NCA

Direction Main Street in Lewiston to Sabbatus St, Rte 126 east to right on Webster St and right on Walnut St. Property on the left. See signage.

Rooms

Basement Interior Entry, Full, Unfinished

Interior

Interior Features 1st Floor Bedroom, Bathtub, Shower, Storage

Heating Oil, Baseboard, Hot Water, Radiator, Steam

Cooling Wall Unit(s)

Flooring Carpet, Vinyl, Wood

Equipment Cable, Internet Access Available

Furnishings Unfurnished

Laundry Washer Hookup

Exterior

Parking Features Paved, 1 - 4 Spaces, On Site, Off Street, Garage Door Opener, Detached

Garage Spaces 2.0

Waterfront Description Nearby,Public,River/Brook/Stream

Roof Type Membrane,Shingle

Porch Deck, Porch, Porch-Screened

Garage Yes

Building

Lot Description Intown, Near Golf Course, Near Shopping, Neighborhood, Subdivided, Open Lot, Rolling Slope, Sidewalks, Landscaped, Near Public Transit

Entry Level Multi-Level

Foundation Poured Concrete, Brick/Mortar

Water Public

Architectural Style Other

Schools

School District Lewiston Public Schools

Others

Tax ID LEWI-000195-000000-000153


Maine MLS (MREIS) IDX
Nearby Locations

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Corey Lee

Corey Lee

Agent License ID: BA924970

+1(207) 314-8443

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171-175 Walnut ST