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$377,000
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Property 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.
Full Property Details
Full Property Details for 29 Lawrence Ave
General
- Sold For: $377,000
- Taxes: $3,010 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1653584
- Added to Site: 55 day(s) ago
Interior
- Interior Features: Attic, Bathtub, Shower
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Wood, Vinyl, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Additional Information
- Equipment: DSL, Cable
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: 5 - 10 Spaces, Paved, On-Site Parking, Off Street
Location
- County: Somerset
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Zoned, Hot Water, Forced Air, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other, Victorian
- Construction: Vinyl Siding, Aluminum Siding, Wood Frame
- Roof: Fiberglass, Metal, Pitched, Shingle
- Windows: Double Pane Windows, Storm Window(s)
- Stories/Levels: 3
- Building Size: 4473
- Square Feet: 4,473
- Living Area: 4,473 Sq. Ft.
- Finished Total: 4,473 Sq. Ft.
- Finished Above Grnd: 4,473 Sq. Ft.
- Year Built: 1880
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,374.8
- Lot Size Source: Public Records
- Zoning: Residential
- Lot Description: Level, Intown, Near Shopping, Near Railroad
Financial Considerations
- Tax Amount: $3,010
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 1423
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Schools
Schools serving 29 Lawrence Ave
School District:School Administrative District 49
| Name | Grades | Distance |
|---|---|---|
Fairfield Primary School 63 High Street, Fairfield, ME 04937 | PK-K | 0.1 mi |
Benton Elementary School 68 School Drive, Benton, ME 04901 | 1-6 | 1 mi |
Lawrence Jr High School 7 School Street, Fairfield, ME 04937 | 7-8 | 0.3 mi |
Lawrence High School, Fairfield, ME 9 School Street, Fairfield, ME 04937 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 29 Lawrence Ave
Date
Details
Price
Change
Source
4/30/2026
Sold
$377,000
-3.08%
MLS
3/06/2026
Listed
$389,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
29 Lawrence Avenue, Fairfield, ME 04937 (MLS# 1653584) is a Multi-Family property that was sold at $377,000 on April 30, 2026. This property was listed by Richard Fraser from our Augusta Office.Want to learn more about 29 Lawrence Avenue? Do you have questions about finding other Multi-Family real estate for sale in Fairfield? You can browse all Fairfield real estate or contact a Coldwell Banker agent to request more information.


