New Portland
$1,200,000
42 43 47 & 49 River Road
mls: 1635146
Bedrooms: 14
Bathrooms: 9
Year Built: 9999
Sq Footage: 13,451
Lot Size: 2.09
Taxes: $6,728
Status: Active

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 .

Listed by: LAER

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 include 280 feet of owned waterfrontage along Lemon Stream in New Portland, offering natural appeal and recreational value, as well as a commercial property located on Main Street in Kingfield—a high-visibility location in the heart of town, perfect for retail, office, or mixed-use potential. The remaining properties provide a variety of income-producing residential options, all benefiting from recent renovations designed to reduce maintenance and attract quality tenants. Combined, the portfolio offers a steady blend of residential rental income, commercial opportunity, and waterfront equity growth. Located just 20 minutes from Farmington and 25 minutes to Sugarloaf Ski Resort, these properties sit within a highly desirable area that draws both year-round residents and seasonal visitors, strengthening the investment case. This is a multi-faceted portfolio for investors seeking both immediate returns and long-term appreciation in one of Maine's most scenic and dynamic regions

Listed by: LAER

Above Grade Finished Area
13451.00
Accessibility Features
Appliances
Architectural Style
Cape Cod, New Englander, Ranch
Basement
Exterior Entry, Interior Entry
Bathrooms Full
8
Bathrooms Half
1
Bathrooms Total Integer
9
Bedrooms Total
14
Below Grade Finished Area
0.00
Body Type
Building Area Total
13451.00
Construction Materials
Cooling
None
Electric
Circuit Breakers
Exterior Features
Fireplaces Total
0
Flooring
Laminate, Tile, Wood, Linoleum
Foundation Details
Garage Spaces
0.00
Garage Yes/No
1
Green Energy Efficient
Heating
Baseboard, Direct Vent Heater, Forced Air, Other
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Lot Size Acres
2.0900
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Metal
Sewer
Private Sewer
Tax Annual Amount
6727.84
Utilities
Water Body Name
Lemon Stream
Water Source
Private, Public
Waterfront Yes/No
1
Year Built
9999
Zoning
Residential