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

$950,000

42 River Rd New Portland-large-001-004-a

Virtual Tour

https://mhp.view.property/2346031?idx=1#!/matterport

Virtual Tour

https://mhp.view.property/2345905?idx=1#!/matterport

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Property Type: Residential Bedrooms: 13 Baths: 10 Square Footage: 12,611 Lot Size (sq. ft.): 87,120 Status: Active

Current Price: $950,000 List Date: 8/21/2025 Last Modified: 5/04/2026

Overview

Description

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 al ... (Read more)

Listing Details MLS# 1635147

Property Sub-Type

Property Sub-Type: Single Family Residence

Location Information

Street #: 42 43
Street Name: 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
Lot: 14,37,38,39,40
Zoning: Residential
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 5910.72
Tax Year: 2024
Tree Growth Y/N: No

Contract Information

Original List Price: 950000

Property Information

Surveyed: Unknown
Seasonal: No
# Bedrooms: 13
Total Full Baths: 5
Total Half Baths: 5
Total Baths: 10
Year Built: 9999
SqFt Finished Above Grade: 12611
SqFt Finished Total: 12611
SqFt Source: Other
Other Source of Square Footage: Photographer Floor Plans
Garage: No
Lot Size Acres +/-: 2
Source of Acreage: Public Records
Road Frontage: Yes
Road Frontage +/-: 420
Source of Road Frontage: Public Records
# Rooms: 0
# Fireplaces: 0
SqFt Finished Below Grade: 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
Wooded: Yes

Location

Rural: Yes

Roads

Public: Yes

Source of Water Frontage

Public Records: Yes

Water Body Type

Stream: Yes

Construction

Wood Frame: Yes

Basement

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

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

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes

Sewer

Private Sewer: Yes

Water

Private: 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; Wooded Location: Rural Roads: Public Source of Water Frontage: Public Records Water Body Type: Stream Style: Cape Cod; New Englander Levels: Multi-Level Construction: Wood Frame Basement: 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

Documents

Arsenic Wood & Water ›

Lead Paint Addendum Public Access ›

Property Disclosures 42 River Rd ›

Property Disclosures 43 River Rd ›

Property Disclosures 47 River Rd ›

Property Disclosures 49 River Rd ›

Deed Public Access ›

Deed 2 ›

Tax Map ›

IDX

Listing Office: LAER

Last Updated: May - 04 - 2026

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. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.