42 43 47 & 49 River RD New Portland, ME 04961
14 Beds
9 Baths
13,451 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 13,451 sqft
Price per Sqft $89
MLS Listing ID 1635146
Bedrooms 14
Full Baths 8
Half Baths 1
HOA Y/N No
Tax Year 2024
Lot Size 2.090 Acres
Acres 2.09
Property Sub-Type Single Family Residence
Source Maine Listings
Land Area 13451
Property Description
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
Location
State ME
County Somerset
Zoning Residential
Direction For New Portland: From Farmington take Rt ME-27 north about 16 mi, right onto Rt ME-146 about .2mi. 42 River Rd will be on the left, 43, 47 & 49 across the street. For Kingfield: From Farmington take Rt ME-27 about 22.4mi. Property on right.
Body of Water Lemon Stream
Rooms
Basement Exterior Entry, Interior Entry
Interior
Heating Baseboard, Direct Vent Heater, Forced Air, Other
Cooling None
Flooring Laminate, Tile, Wood, Linoleum
Fireplace No
Exterior
Roof Type Metal
Garage Yes
Building
Entry Level Multi-Level
Water Private, Public
Architectural Style Cape Cod, New Englander, Ranch
Others
Tax ID 42434749RiverRoadNewPortland04961
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