171175 171-175 Walnut St

Lewiston, ME 04240
  • $399,900

    Price
  • 3

    Bath
  • 3,124

    SqFt
  • 0.22

    Acre

About the Listing 1898 - 008752

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

Listing Highlights for 171175 171-175 Walnut St

Status Active
Days on Site 108
Property Type Multi-Family
MLS ® 1672103
Year Built 1926
Total Square Footage 3,124
Lot/Acreage 0.22
County Androscoggin
School District Lewiston Public Schools

Interior Details

  • Bathrooms: 3 Full
  • Appliances: Cable,Internet Access Available
  • Air Cond: Wall Unit(s)
  • Heating: Oil,Baseboard,Hot Water,Radiator,Steam
  • Fireplaces:
  • Floor: Carpet,Vinyl,Wood
  • Above Ground Sq Ft: 3124
  • Basement: Interior Entry,Full,Unfinished
  • Other: 1st Floor Bedroom,Bathtub,Shower,Storage
  • Water: Public

Exterior Details

  • Lot Description: Intown,Near Golf Course,Near Shopping,Neighborhood,Subdivided,Open Lot,Rolling Slope,Sidewalks,Landscaped,Near Public Transit
  • Garage Capacity: 2 car
  • Zoning: NCA
  • Roof: Membrane,Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved,1 - 4 Spaces,On Site,Off Street,Garage Door Opener,Detached

Financial Details

  • Tax Amount: $5,050
  • Taxes w/Assessments: N/A
  • Tax/Property ID: LEWI-000195-000000-000153
  • Tax Year: 25

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171175 171-175 Walnut St Lewiston, ME 04240

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Originating MLS: Maine Listings

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Marnie DuBois

Partner | DuBois Realty Group | Keller Williams Realty

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