42 43 47 & 49 River Road
New Portland, ME 04961
Beds
13
Baths
10
Square Ft.
12,611
$950,000
Exceptional Investment Opportunity - 4 Properties Conveyed Together Rare 4 Property Investment Portfolio - Residential, Commercial & Waterfront. Present rental income is $7850 per month and a possible income of $11, 050 monthly . There is also the possibility of having two commercial businesses at River road in… Read More New Portland on the fist floor of 43 and 47 River road . There is also the possibility of adding to additional lots for buildings on this site .At one point there was 45 River road and that building burned down. The potential of this opportunity is immense . Live , work and invest in this special place in New Portland .l Discover a rare chance to acquire a versatile portfolio of four properties sold as one package, offering a unique blend of commercial, residential single-family, and multi-unit income properties. This collection provides both immediate income potential and long-term value growth. Situated in a desirable location with 280 feet of owned waterfrontage along Lemon Stream, the properties combine natural appeal with strong rental and business possibilities. The setting is ideal—just 20 minutes from Farmington and only 25 minutes to world-class skiing at Sugarloaf Resort, ensuring year-round demand from both residents and visitors. Recent renovations add modern updates while maintaining character, allowing for a smooth transition to new ownership with minimal upfront work. Investors will appreciate the diverse revenue streams possible with this package, from residential rentals to commercial leasing or owner-use. Whether you're looking to expand your portfolio, establish a multi-faceted investment base, or unlock the future potential of waterfront real estate, this opportunity is well-positioned to deliver. Read Less
Courtesy of LAER 207-622-2220
Listing Snapshot
Days Online
146
Last Updated
Property Type
Single Family Residence
Beds
13
Full Baths
5
Partial Baths
5
Square Ft.
12,611
Lot Size
2 Acres
Year Built
9999
MLS Number
1635147
Additional Details
Basement
Basement: "Interior", "Exterior Only", "Unfinished"
Building
Architectural Style: "Cape Cod", "New Englander", Building Area Source: Other, Building Area Total: 12,611, Construction Materials: "Wood Siding", "Vinyl Siding", "Wood Frame", Year Built: 9999
Cooling
Cooling: "None"
Floors
Flooring: "Wood", "Tile", "Laminate"
Foundation
Foundation Details: "Stone", "Concrete Perimeter"
Water Features
Water Body Name: Lemon Stream, Waterfront Property
Heating
Heating: "Other", "Forced Air", "Direct Vent Heater", "Baseboard", Heating Included
Lot
Features: "Level", "Wooded", "Rural", 2 acres, Area: 2, 87,120 square feet
Parking
Features: "5 - 10 Spaces", "Gravel"
Property
Parcel Number: 42434749RiverRoadNewPortland04961, Property Sub Type: Single Family Residence, Zoning: Residential
Roof
Roof: "Metal"
Sewer
Sewer: "Private Sewer"
Taxes
Annual Amount: $5,911, Tax Lot: 14,37,38,39,40
Utilities
Electric: "Circuit Breakers", Water Source: "Private"
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Malachi Winslow
REALTOR®
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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.
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