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Improved Mixed-Use Land for Sale in New Portland, Maine

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

$1,200,000
2 acres
Active
Est $7,050/mo

Rare 5-Property Investment Portfolio - Residential, Commercial & Waterfront 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, offering natural appeal and recreational value, as well as a commercial property located on Main Street in KingfieldaEUR"a high-visibility location in the heart of town, perfect for retail, office, or mixed-use potential. The remaining properties offer 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 appreciat

13,451
Sq feet
14
Beds
8
Full baths
1
1/2 bath

Location

Street address
42 43 47 & 49 River Rd
Elevation
504 feet
Coordinates
44.884, -70.0982

Property details

Acreage
2.09 acres
Zoning
Residential
MLS #
MREIS 1635146
Posted

Parcels

  • 42434749RiverRoadNewPortland04961

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Level, Rural

Structure

Style
Cape Cod, Ranch
Basement
Unfinished
Water
Private, Public
Sewer
Private Sewer
Heating
Baseboard, Forced Air
Materials
Vinyl Siding, Wood Frame, Wood Siding
Roof
Metal

Interior

Rooms
Basement, Bathroom x 9, Bedroom x 14
Flooring
Laminate, Tile, Wood

Listing history

DateEventPriceChangeSource
Aug 22, 2025New listing$1,200,000MREIS
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This 2.09-acre property is located at 42 43 47 & 49 River Rd in New Portland, ME 04961. The property is available for sale for $1,200,000. It has a 13,451 sq ft 14 bedroom, 8 bath house.

Checked 1 hour ago — Updated

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