29 Lawrence Avenue, Fairfield, ME 04937
Local realty services provided by:CENTURY 21 Barbara Patterson
29 Lawrence Avenue,Fairfield, ME 04937
$389,000
- - Beds
- 6 Baths
- 4,473 sq. ft.
- Multi-family
- Active
Listed by: richard fraser
Office: coldwell banker realty
MLS#:1653584
Source:ME_MREIS
Price summary
- Price:$389,000
- Price per sq. ft.:$86.97
About this home
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.
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Home facts
- Year built:1880
- Listing ID #:1653584
- Updated:March 07, 2026 at 03:51 AM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Carpet, Laminate, Vinyl, Wood
- Bathrooms Description:Bathtub, Shower
- Basement Description:Full, Walk-Out Access
- Living area:4,473 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Hot Water
Structure and exterior
- Year built:1880
- Building area:4,473 sq. ft.
- Lot area:0.33 Acres
- Lot Features:Intown, Level, Near Railroad, Near Shopping
- Architectural Style:Victorian
- Construction Materials:Aluminum Siding, Vinyl Siding, Wood Frame
- Exterior Features:Porch
- Foundation Description:Brick/Mortar, Concrete Perimeter, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$389,000
- Price per sq. ft.:$86.97
- Tax amount:$3,010 (2023)
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