USAMEFairfield029 Lawrence Avenue
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$389,000

For Sale

5 days ago

29 Lawrence Avenue, Fairfield, ME

MLS® 1653584

0 Bed

6 Bath

4473 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4473 sqft
Garage No
HOA Fees 
Taxes $3,010
Days Active 5
Approx. Age 1880
Avg. Price Per Sqft $86
MLS® Number 1653584

Property Address: 29 Lawrence Avenue, Fairfield, ME, 04937

Average square foot calculated using Size range provided by listing agent.

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® Number1653584
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1880
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 6, 2026List Date
$389,000List Price
  • Commute

Commute

Starting Address
Destination Address
29 Lawrence Avenue, Fairfield, ME

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