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13 Beds
10 Baths
12,611 sqft

$950,000

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

Property size12,611 sqft
Property typeResidential
Courtesy of LAER

Overview

Active

Listed Aug 21, 2025

Updated Jun 1

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.

$6,320/mo

Est. mortgage payment based on a $950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1635147

Interior Features

Bedrooms
13
Bathrooms
10
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
2 Acres

Other Property Details

Taxes
$5,911
Tax Frequency
Annually
Waterfront
Yes
MLS provider logo

Listing Contact: 207-446-7708

Listed by John Blouin with LAER 207-446-7708

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Nola Cady shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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