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

$950,000


13

Beds


10

Baths


12,611

Sq Ft


Single Family


Virtual Tour

Active

Listed by

John Blouin

Laer

Last updated:

August 22, 2025, 12:15 PM

MLS#

1635147

Source:

ME MREIS

About This Home

42 43 47 & 49 River Road

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.

Home Facts

Single Family

10 Baths

13 Bedrooms

Built in 9999

Price Summary

950,000

$75 per Sq. Ft.

MLS #:

1635147

Last Updated:

August 22, 2025, 12:15 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

13

Bathrooms

Total Bathrooms:

10

Full Bathrooms:

5

Interior

Living Area:

12,611 Sq. Ft.


Structure

Structure

Architectural Style:

New Englander

Building Area:

12,611 Sq. Ft.

Year Built:

9999


Lot

Lot Size (Sq. Ft):

87,120


Finances & Disclosures

Finances

Price:

$950,000

Price per Sq. Ft:

$75 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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