171-175 Walnut Street, Lewiston, ME 04240
Local realty services provided by:CENTURY 21 First Choice Realty
171-175 Walnut Street,Lewiston, ME 04240
$399,900
- - Beds
- 3 Baths
- 3,124 sq. ft.
- Multi-family
- Active
Office: keller williams realty207-553-2662
MLS#:1672103
Source:ME_MREIS
Price summary
- Price:$399,900
- Price per sq. ft.:$128.01
About this home
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...
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Home facts
- Year built:1926
- Listing ID #:1672103
- Updated:October 23, 2026 at 10:52 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Vinyl, Wood
- Bathrooms Description:Bathtub, Shower
- Bedroom Description:1st Floor Bedroom
- Basement Description:Full, Interior Entry, Unfinished
- Living area:3,124 sq. ft.
Heating and cooling
- Cooling:Wall Units
- Heating:Baseboard, Heating, Hot Water, Oil, Radiator, Steam
Structure and exterior
- Roof:Membrane, Shingle
- Year built:1926
- Building area:3,124 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Intown, Landscaped, Near Golf Course, Near Public Transit, Near Shopping, Neighborhood, Open Lot, Rolling Slope, Sidewalks, Subdivided
- Construction Materials:Vinyl Siding, Wood Frame, Wood Siding
- Exterior Features:Deck, Porch, Porch-Screened
- Foundation Description:Brick/Mortar, Poured Concrete
- Levels:Multi Level
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,900
- Price per sq. ft.:$128.01
- Tax amount:$5,050 (25)
Features and amenities
- Laundry features:Washer Hookup
- Amenities:Storage
Parking
- Parking description:1 - 4 Spaces, Detached, Garage Door Opener, Off street, On Site, Paved
- Garage:Yes
- Garage spaces:2
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