29 Lawrence Avenue Fairfield, ME 04937
Listing Courtesy of: MLS LogoMAINE LISTINGS - IDX / Coldwell Banker Realty / Richard Fraser

  29 Lawrence Avenue Fairfield, ME 04937

Pending (30 Days)
$389,000 (USD)
6
BATH
4,473
SQFT

Description

Excellent opportunity to own a well maintained 4-unit multifamily property in the heart of Fairfield. This property offers strong current income with additional upside through below-market rents, making it an attractive investment for both new and experienced investors. The building features approximately 4,500 square feet of living space with four spacious units, all of which have been updated and are currently occupied. Each unit offers a comfortable layout and generous living space, appealing to long term tenants. Major improvements have already been completed, including a new furnace installed in 2026, a seamless metal roof installed approximately 5 years ago, and most windows replaced within the last 2 years. The property also includes a large paved parking area with ample off street parking, a valuable feature for tenants. Conveniently located close to schools, downtown Fairfield, the highway, and a nearby park, the property provides an ideal location for tenants and contributes to consistent occupancy. Each unit pays their own electricity, while the owner currently covers heat and hot water. Whether you're expanding an existing portfolio or acquiring your first multifamily investment, this well maintained 4-unit in a prime Fairfield location is a solid opportunity.

MLS #:
1653584
Taxes
$3,010(2023)
Lot Size
0.33 acres
Type
Multifamily
Year Built
1880
Style
Victorian, Other
School District
Rsu 49/Msad 49
County
Somerset County

Listed By

Richard Fraser, Augusta
Source
MAINE LISTINGS - IDX
Last checked Apr 5 2026 at 11:48 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
Interior Features
  • Shower
  • Bathtub
  • Attic
Lot Information
  • Level
  • Intown
  • Near Shopping
  • Near Railroad
Property Features
  • Fireplace: 1
  • Foundation: Stone
  • Foundation: Brick/Mortar
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Hot Water
  • Forced Air
  • Baseboard
  • Zoned
  • None
Basement Information
  • Full
  • Walk-Out Access
  • Interior
Flooring
  • Carpet
  • Wood
  • Vinyl
  • Laminate
Exterior Features
  • Roof: Shingle
  • Roof: Metal
  • Roof: Pitched
  • Roof: Fiberglass
Utility Information
  • Sewer: Public Sewer
Parking
  • Paved
  • Off Street
  • On Site
  • 5 - 10 Spaces
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Disclaimer: Listing data is derived in whole or in part from the Maine IDX and is for the consumers personal, noncommercial use only. Dimensions are approximate and are not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved