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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Chris Davis

Chris Davis

+1(207) 756-2442

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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

TWO PARCELS. THREE HOMES. PLENTY OF POSSIBILITIES. Well maintained. Brand-new roof. Parking for up to 8 vehicles. One very versatile property. A rare double-parcel offering in Lewiston, 171 & 175 Walnut Street combines a well-maintained three-unit property with the adjoining vacant parcel at 175 Walnut Street--offering space, flexibility and possibilities that are increasingly difficult to find. Whether you are looking for a home of your own with rental income to help offset expenses, space for extended family, or a solid investment for the future, this property offers plenty of options. The spacious 3-bedroom unit is currently vacant and ready to occupy, while the two 1-bedroom apartments provide established rental income, with rent increases currently in process. The property has been well maintained, with a brand-new roof adding peace of mind for the next owner. Outside, there is an exceptional amount of off-street parking with space for up to 8 vehicles, plus a detached 2-car garage providing additional parking, storage or workshop space. This could also be additional rental income. And then there is 175 Walnut Street--the adjoining vacant parcel included in the sale. Having two separate parcels creates a huge garden with great additional outdoor space and flexibility today, together with intriguing possibilities for the future, subject to municipal approvals. Balcony decks and rear porches offer plenty of outdoor fresh air plus place to relax For an owner-occupant, this could be a particularly appealing way to own a home: move straight into the vacant 3-bedroom unit and enjoy the benefit of income already coming in from the other two apartments. For an investor, the property offers established income with further potential over time. 171 & 175 Walnut Street are being sold together. Any future use or development of the vacant parcel is subject to applicable municipal approvals and deed restrictions. **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 SCHOOL & BUSINESS

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Chris Davis

Chris Davis

Agent me.BA924046

+1(207) 756-2442

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171-175 Walnut ST

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