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

$1,200,000
Property Type: Residential Bedrooms: 14 Baths: 9 Square Footage: 13,451 Lot Size (sq. ft.): 91,040 Status: Active
Current Price: $1,200,000 List Date: 8/21/2025 Last Modified: 5/04/2026

Overview

Description

Rare 5-Property Investment Portfolio - Residential, Commercial & Waterfront. Present rental income is $9,150 per month and a possible income of both locations could be $12,035 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 and have a business and home on main street in Kingfield Maine ! An exceptional opportunity to acquire a five-property package thoughtfully combined to deliver income diversity, prime locations, and future growth potential. This unique portfolio includes a mix of commercial, single-family, and multi-unit residential properties, making it an ideal addition to any investor's holdings. Highlights inclu ...

Listing Details MLS# 1635146

Property Sub-Type

Property Sub-Type
Single Family Residence

Location Information

Street #
42
Street Name
43 47 & 49 River
Street Type
Road
County
Somerset
Town
New Portland
State/Province
ME
Zip Code
04961
Leased Land
No
Book
5657,6094
Page
33,182
Map
3/18
Lot
14,37,38,39,40/26
Zoning
Residential
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
6727.84
Tax Year
2024
Tree Growth Y/N
No

Contract Information

Original List Price
1200000

Property Information

Surveyed
No
Seasonal
No
Deed/Conveyance Type Offered
Quit Claim
Deed
All
Deed Restrictions
Unknown
# Bedrooms
14
Total Full Baths
8
Total Half Baths
Yes
Total Baths
9
Year Built
9999
SqFt Finished Above Grade
13451
SqFt Finished Total
13451
SqFt Source
Other
Other Source of Square Footage
Photographer Floor Plans
Garage
Yes
Lot Size Acres +/-
2.09
Source of Acreage
Public Records
Road Frontage
Yes
Road Frontage +/-
450
Source of Road Frontage
Public Records
# Rooms
0
# Fireplaces
0
SqFt Finished Below Grade
0
Garage Spaces
0

Water Info

Water Frontage
Yes
Waterfront Amount
280
Water Frontage Owned
280
Water View
Yes
Water Body Name
Lemon Stream
Water Frontage Shared
0

Levels

Multi-Level
Yes

More Information

Site

Level
Yes

Location

Rural
Yes

Roads

Private Road
Yes

Source of Water Frontage

Public Records
Yes

Water Body Type

Stream
Yes

Construction

Wood Frame
Yes

Basement

Slab
Yes
Unfinished
Yes

Foundation Materials

Poured Concrete
Yes
Stone
Yes

Exterior

Vinyl Siding
Yes
Wood Siding
Yes

Roof

Metal
Yes

Heat System

Baseboard
Yes
Direct Vent Heater
Yes
Forced Air
Yes
Other
Yes

Appliances Included

Electric Range
Yes
Refrigerator
Yes

Heat Fuel

Electric
Yes
K-1/Kerosene
Yes
Oil
Yes
Propane
Yes

Cooling

None
Yes

Floors

Laminate
Yes
Linoleum
Yes
Tile
Yes
Wood
Yes

Parking

5 - 10 Spaces
Yes

Style

Cape Cod
Yes
New Englander
Yes
Ranch
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Private Sewer
Yes

Water

Private
Yes
Public
Yes

Driveway

Gravel
Yes

Basement Entry

Exterior Only
Yes
Interior
Yes

Water Heater

Electric
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level Location: Rural Roads: Private Road Source of Water Frontage: Public Records Water Body Type: Stream Appliances Included: Electric Range; Refrigerator Style: Cape Cod; New Englander; Ranch Levels: Multi-Level Construction: Wood Frame Basement: Slab; Unfinished Basement Entry: Exterior Only; Interior Foundation Materials: Poured Concrete; Stone Roof: Metal Exterior: Vinyl Siding; Wood Siding Heat System: Baseboard; Direct Vent Heater; Forced Air; Other Heat Fuel: K-1/Kerosene; Oil; Propane Water Heater: Electric Cooling: None Floors: Laminate; Linoleum; Tile; Wood Driveway: Gravel Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer Water: Private; Public
IDX
Listing Office: LAER
Last Updated: May - 04 - 2026
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