42 43 47 & 49 River Road, New Portland, ME 04961
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
Listed by:john blouin
Office:laer
MLS#:1635147
Source:ME_MREIS
Price summary
- Price:$950,000
- Price per sq. ft.:$75.33
About this home
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 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.
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Home facts
- Year built:9999
- Listing ID #:1635147
- Updated:August 22, 2025 at 12:15 PM
Rooms and interior
- Bedrooms:13
- Total bathrooms:10
- Full bathrooms:5
- Half bathrooms:5
- Living area:12,611 sq. ft.
Heating and cooling
- Heating:Baseboard, Direct Vent Heater, Forced Air
Structure and exterior
- Year built:9999
- Building area:12,611 sq. ft.
- Lot area:2 Acres
Utilities
- Water:Private
- Sewer:Private Sewer
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$75.33
- Tax amount:$5,910 (2024)
MREIS Multiple Listing Service™ system
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights ReservedNew listings near 42 43 47 & 49 River Road
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