Price Reduced 6.98%


Price History

$859,000
3/22/2024

$799,000
5/1/2024


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

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

3 Full baths

1890

Camp, New Englander, Ranch

3,665 sqft

Real estate investors take notice! FOUR properties being conveyed together! Located in the heart of Western Maine you'll find this rare opportunity to own three multi-unit/commercial properties as well as one residential, 3 bedroom/1 bath ranch all of which have waterfrontage on Lemon Stream! The three multi-unit properties have 7 units total, one of which was previously being renovated as a commercial kitchen! Sitting on 2 acres and comprised of over 800' of Lemon Stream frontage these properties have tons of potential! Recent improvements include upgraded wiring/service panels, some jacking/leveling and re-supporting in some of the basements. Located just off route 27 and less than 30 minutes from Sugarloaf Ski Resort puts these properties in a great geographic location! Less than 10 minutes to Kingfield, just 20 mins to Farmington and less than 2 hours to Portland! Access to restaurants/eateries, supermarkets, and much more only minutes away! All four properties to be sold together. You won't want to miss this rare opportunity. Call today to learn more!


Status:

Active

Type:

Multi-family

Laundry Remarks:

Laundry - 1st Floor, Main Level

Units:

3

Zoning:

Rural

Heating:

Other Heat System, Baseboard

Cooling:

None

Basement:

Not Applicable, Unfinished

Levels:

5

Parking:

5 - 10 Spaces, Gravel

Acreage:

1.38

Est. Taxes:

$3,859

Construction

Vinyl Siding, Clapboard, Wood Frame

Utilities

Utilities On

Lot Description:

Rolling Slope, Wooded, Rural

View Description:

Trees/Woods

Amenities:

1st Floor Bedroom

Waterfront:

Yes

Pet Policy:

No Restrictions

MLS #:

1584758


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Keller Williams Realty