Refine Search

42 43 47 & 49 River Road, New Portland, ME 04961

$950,000
  • 42 43 47 & 49 River Road, New Portland, ME 04961 Main Photo

188 Total Photos [Click to View All]

Active
BEDS13 BATHS5 full 5 partial SQUARE FEET12,611 MLS#1635147
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Exceptional Investment Opportunity - 4 Properties Conveyed TogetherRare 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 .lDiscover 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.

42 43 47 & 49 River Road | MLS# 1635147

This single family home located at 42 43 47 & 49 River Road, New Portland, ME 04961 is currently listed for sale with an asking price of $950,000. This property was built in 9999 and has 13 bedrooms and 5 full and 5 partial baths with 12611 sq. ft. Search New Portland real estate on www.spragueandcurtis.com today.

Property Features

Property Type: Residential - Single Family
Basement: Exterior Entry, Interior Entry
Heating: Baseboard, Direct Vent Heater, Forced Air, Other
Home Style: Cape Cod, New Englander
Lot Size: 2.00 Acres
Roof Type: Metal
Taxes: $5,910
Year Built: 9999

Feature Descriptions

Electric: Circuit Breakers
Flooring: Laminate, Tile, Wood, Linoleum
Sewer: Private Sewer
SQ FT Above Grade: 12611
SQ FT Below Grade: 0
Total Rooms: 0
Water: Private
Water Body Name: Lemon Stream
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: LAER
Agency Phone: 207-622-2220

Shown By

Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,883.87 per month $2,114.29 Principal & Interest $492.50 Property Tax $277.08 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel