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Duplex Renovation Property

2 Burrill Street, Fairfield, ME 04937

For Sale
$98,000

Partially opened interior includes two heat pumps and multiple monitor heaters.

Property Size1,486 SF
Price / SF$65.95
Days on Market203

Property Features for 2 Burrill Street

General Information

Standard status Active
Size 1,486 SF
Property subtype Multi Family Home
Zoning Res

Property Condition

Severity Major Repairs Needed
Evidence partially gutted interior down to the studs

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,486

Building Details

Building Size 1,486 SF
Year Built 1870
Units 2
Listing Agency: OWN REAL ESTATE
Listed By: Kimberly Hawkes · License ME DB923296
Source: Integrityhomesrealestategroup
Added: Apr 23 Changed: Nov 11 Last Checked: Nov 11 at 2:22AM

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 OWN REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

Built in 1870, this 1,486-square-foot property has a partially gutted interior and a layout that could support a two-unit configuration or a single-family residence. The home includes potential for six bedrooms and two full bathrooms, hardwood floors, multiple monitor heaters, and two heat pumps. It is being sold as-is and is zoned Res.

Views of the Kennebec River are among the property’s features. A playground, basketball court, community center, and boat landing are within walking distance. The property is also near I-95, shopping, parks, trails, schools, Kennebec Valley Community College, Colby College, Thomas College, and downtown Waterville.

Key Highlights

  • 1,486 square feet; built in 1870
  • Partially gutted interior
  • Layout offers potential for six bedrooms and two full bathrooms

Property Analytics

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Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 04937, ME

6,363
Population
3,041
Households
2.1
Avg Household Size
43
Median Age
14%
College-Educated
94%
High-School Grad
51.9 sq mi
ZIP Area
123
Density / Sq Mi
$62,633
Median Household Income
$34,727
Median Earnings
$943
Median Rent
$149,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Partially opened interior includes two heat pumps and multiple monitor heaters.
Where is this duplex located?
The property is located at 2 Burrill Street Fairfield, ME.
What is the asking price?
The asking price for this property is $98,000.
What are key features of this property?
This property features: 1,486 square feet; built in 1870; Partially gutted interior; Layout offers potential for six bedrooms and two full bathrooms
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