42 43 47 & 49 River Road, New Portland, ME, 04961
13 beds
5 Full / 5 Half baths
Cape Cod, New Englander
12,611 sqft
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.
Status:
Active
Type:
Single-family residential
Zoning:
Residential
Frontage:
420
Heating:
Other, Forced Air, Direct Vent Heater, Baseboard
Cooling:
None
Basement:
Interior, Exterior Only, Unfinished
Parking:
5 - 10 Spaces, Gravel
Acreage:
2
Est. Taxes:
$5,911
Construction
Wood Siding, Vinyl Siding, Wood Frame
Lot Description:
Level, Wooded, Rural
Waterfront:
Yes
MLS #:
1635147
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School Info
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Listing courtesy of LAER