New Portland
$950,000
42 43 47 & 49 River Road
mls: 1635147
Bedrooms: 13
Bathrooms: 10
Year Built: 9999
Sq Footage: 12,611
Lot Size: 2
Taxes: $5,911
Status: Active

Exceptional Investment Opportunity - 4 Properties Conveyed Together Rare 4 Property Investment Portfolio - Residential, Commercial & Waterfront.

Listed by: LAER

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.

Listed by: LAER

Above Grade Finished Area
12611.00
Accessibility Features
Appliances
Architectural Style
Cape Cod, New Englander
Basement
Exterior Entry, Interior Entry
Bathrooms Full
5
Bathrooms Half
5
Bathrooms Total Integer
10
Bedrooms Total
13
Below Grade Finished Area
0.00
Body Type
Building Area Total
12611.00
Construction Materials
Cooling
None
Electric
Circuit Breakers
Exterior Features
Fireplaces Total
0
Flooring
Laminate, Tile, Wood, Linoleum
Foundation Details
Green Energy Efficient
Heating
Baseboard, Direct Vent Heater, Forced Air, Other
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Lot Size Acres
2.0000
Other Equipment
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Metal
Sewer
Private Sewer
Tax Annual Amount
5910.72
Utilities
Water Body Name
Lemon Stream
Water Source
Private
Waterfront Yes/No
1
Year Built
9999
Zoning
Residential