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Ranch Triplex with Basement Storage
For Sale
$390,000

15 Lovewell Pond Road, Fryeburg, ME 04037

Multi-Family, Fryeburg, ME

Property Size2,340 SF
Lot Size1.26 Acres
Price / SF$166.67
Days on Market41

Property Features for 15 Lovewell Pond Road

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning R
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bathroom 3, Basement
Patio and Porch features Porch
Interior features 1st Floor Bedroom, Bathtub, Shower, Storage
Basement Full
Lot features Open, Level, Wooded, Intown
Standard status Active
Size 2,340 SF
Lot size 1.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3739

Utilities

Sewer type Private Sewer, Septic Tank
Heating system Propane (Heating)
Water source Public

Building Details

Year built 1980
Number of units 3
Flooring type Laminate, Carpet
Building materials Wood Frame, Vinyl Siding
Roof type Metal
Architectural style Ranch
Additional Structures Storage
Listing Agency: Keller Williams Coastal and Lakes & Mountains Realty · Keller Williams Realty
Listed By: Deirdre Minichiello
Added: Jul 13 Changed: Aug 19 Last Checked: Aug 22 at 9:06AM
MLS# 1663423

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,340-square-foot ranch triplex, built in 1980, includes two one-bedroom apartments and a studio unit. The one-bedroom residences each have finished basement areas, while the studio includes dedicated storage below. An additional unfinished heated basement offers flexible storage or workshop space. The property also features a porch, laminate and carpet flooring, wood-frame construction with vinyl siding, a metal roof, propane heating, and public water. The zoning designation is R.

Set on 1.26 acres at 15 Lovewell Pond Road, the property has a tree-lined yard with a secluded feel. Fryeburg Academy, the town center, shopping, and local restaurants are within walking distance. Sewer service is identified as septic tank and private sewer.

Key Highlights

  • Three‑unit configuration with two one‑bedroom apartments and one studio
  • 2,340 square feet on 1.26 acres
  • Finished basement areas in both one‑bedroom units

Property Analytics

Current Use

AC'S ODD JOB'S ... General Contractor

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

Demographics for 04037, ME

3,762
Population
2,193
Households
1.7
Avg Household Size
47
Median Age
22%
College-Educated
93%
High-School Grad
81.7 sq mi
ZIP Area
46
Density / Sq Mi
$52,135
Median Household Income
$29,649
Median Earnings
$870
Median Rent
$261,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit ranch property with finished basement areas, storage, and a private wooded setting.
Where is this triplex located?
The property is located at 15 Lovewell Pond Road Fryeburg, ME.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Three‑unit configuration with two one‑bedroom apartments and one studio; 2,340 square feet on 1.26 acres; Finished basement areas in both one‑bedroom units
More about this property
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