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3 Baths
3,487 sqft

$295,000

179 Covell Road, Fairfield ME, 04937

Built in1790
Property size3,487 sqft
Property typeMulti-family
Courtesy of Real Broker

Overview

Active

Listed Nov 6, 2026

Updated 28h ago

Attention investors! Looking for your next income-producing property, renovation project, or investment opportunity? This historic two-family property in Fairfield offers plenty of potential, with both units currently vacant and ready for their next chapter! Dating back to approximately 1790, this antique Cape is believed to be one of Fairfield's oldest surviving homes. Rich in history and full of character, this property offers an opportunity for investors looking to add value and build equity. Since being listed earlier this year, the property has undergone several major improvements, including a brand-new 5-bedroom septic system, a new deck, new windows and doors, and an updated downstairs bathroom! The main unit features a large kitchen with ample cabinet space, a separate dining room, a cozy living room with a wood stove, and a spacious family room with built-in shelving. A first-floor bedroom and full bathroom complete the main level. Upstairs, you'll find two additional bedrooms and another full bathroom. The second unit features two generously sized bedrooms and a full bathroom, offering additional rental income potential. Both units are vacant, giving the next owner flexibility to complete renovations, establish rental rates, and select tenants without existing leases. Situated on 2.1 surveyed acres, the property also features a large three-car garage, a paved driveway, and an in-ground swimming pool that has not been used in many years. Beautiful hardwood floors throughout much of the home add to its historic charm. Looking for more land? This property is also available with a total of 8 acres for $365,000! With several major improvements already completed, this property offers an opportunity to finish updating the home and maximize its potential. Whether you're looking to expand your rental portfolio, renovate and resell, or live in one unit while renting the other, the possibilities are endless!

$1,963/mo

Est. mortgage payment based on a $295,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1687091

Interior Features

Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.1 Acres

Other Property Details

Taxes
$3,548
Tax Frequency
Annually
Garage
Yes
View
Yes
Pool
Yes
MLS provider logo

Listing Contact: 207-314-8443

Listed by Corey Lee with Real Broker 207-314-8443

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Pete Molloy shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 4:38 AM UTC, 11/7/2026

 

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