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Listed price in listed location currency (USD).
$950,000

13100

MLS® 1635147

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $5,911
Days Active 69
Lot Size 
Approx. Age 9999
MLS® Number 1635147

Property Address: 4243 47 & 49 River Road, New Portland, ME, 04961

Average square foot calculated using Size range provided by listing agent.

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 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.
MLS® Number1635147
Laundry Level
Central VacNo
FireplaceNo
Acreage2
Exterior
GarageNo
Approx. Age9999
BasementInterior, Exterior Only, Unfinished
Driveway5 - 10 Spaces, Gravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 21, 2025List Date
$950,000List Price
  • Commute

Commute

Starting Address
Destination Address
4243 47 & 49 River Road, New Portland, ME

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