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3-Unit Triplex with Acreage
For Sale
$390,000

15 Lovewell Pond Road, Fryeburg, ME 04037

Income property offering varied unit layouts, basement space, and a wooded setting near Fryeburg’s central amenities.

Property SizeContact for details
Days on Market10

Property Features for 15 Lovewell Pond Road

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Propane
Direct Vent Heater
Porch, Metal

Building Details

Year Built 1980
Listing Agency: Keller Williams Coastal Reatly
Listed By: Deirdre Minichiello · License #NH
Source: Kw
Added: Aug 12 Changed: Aug 13 Last Checked: Aug 21 at 2:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Coastal Reatly

Investment Insights

Based on property information with market context.

Built in 1980, this triplex contains two one-bedroom apartments and a studio unit. Each one-bedroom apartment includes finished basement area that can support additional living or recreation space, while the studio has storage below. A separate unfinished heated basement adds further storage or workshop area. Interior features include propane service and direct vent heaters, and the property also includes a metal porch.

The property occupies 1.26 private acres at 15 Lovewell Pond Road in Fryeburg, Maine. Mature trees provide a secluded setting, while Fryeburg Academy, the town center, shopping, and local restaurants are within a short walk.

Key Highlights

  • 3‑unit configuration with two one‑bedroom apartments and one studio
  • 1.26 private acres surrounded by mature trees
  • Finished basement space 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.

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 - Income property offering varied unit layouts, basement space, and a wooded setting near Fryeburg’s central amenities.
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: 3‑unit configuration with two one‑bedroom apartments and one studio; 1.26 private acres surrounded by mature trees; Finished basement space in both one‑bedroom units
More about this property
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