171 Walnut St, Lewiston, ME 04240
- $425,000
- 3
- BA
- 3,124
- SqFt
Listing courtesy of Keller Williams Realty. 207-553-2662
- List Price
- $425,000
- MLS#
- 1672103
- Status
- ACTIVE
- Type
- Multifamily
- City
- Lewiston
- County
- Androscoggin
- Bathrooms
- 3
- Living Area
- 3,124
- Lot Size
- 9,583
- Year Built
- 1926
Property Description
Excellent owner-occupied or investment opportunity! Well-maintained 3-unit building situated on a rare double lot in a convenient Lewiston location, just minutes from Bates College, St. Mary's Regional Medical Center, Central Maine Medical Center, downtown amenities, shopping, and restaurants. Offering over 3,000 square feet of living space, this solid multi-family property features stable in-place rental income with excellent upside potential. The building includes two first-floor one-bedroom units and a spacious second-floor three-bedroom apartment, providing an attractive mix of unit sizes for both investors and owner-occupants. Each unit offers in-unit laundry, generous storage, and comfortable living spaces. Major capital improvements have already been completed, including a brand-new roof (July 2026), newer furnace, replacement windows, and low-maintenance vinyl siding, providing peace of mind for years to come. Outside, the oversized double lot offers abundant off-street parking for tenants and guests, along with a detached two-car garage for additional parking, storage, or workshop space. Whether you're looking to offset your mortgage by living in one unit while collecting rental income from the others, or expand your investment portfolio with a well-maintained income-producing property, this versatile multi-family offers exceptional value in a highly desirable location close to colleges, hospitals, and major employers. **Contains some AI enhanced imagery
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Additional Information
- Living Area
- 3,124
- Electric
- Circuit Breakers
- Water
- Public
- Basement
- Interior Entry, Full, Unfinished
- Cooling
- Window/Wall
- Year Built
- 1926
- Acres
- 0.22
- Roof
- Membrane, Shingle
- Foundation
- Poured Concrete, Brick/Mortar
- School District
- Lewiston Public Schools
- Style
- Other
- Courtesy Of Listing Office
- Keller Williams Realty
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Contact: 207-553-2662