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Residential Land with Home for Sale in New Portland, Maine

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

$950,000
2 acres
Active
Est $5,581/mo

Exceptional Investment Opportunity - 4 Properties Conveyed Together 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 ch 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 idealaEUR"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.

12,611
Sq feet
13
Beds
5
Full baths
5
1/2 baths

Location

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

Property details

Acreage
2 acres
Zoning
Residential
MLS #
MREIS 1635147
Posted

Parcels

  • 42434749RiverRoadNewPortland04961

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Level, Rural, Wooded

Structure

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

Interior

Rooms
Basement, Bathroom x 10, Bedroom x 13
Flooring
Laminate, Tile, Wood

Listing history

DateEventPriceChangeSource
Aug 22, 2025New listing$950,000MREIS
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This 2-acre property is located at 42 43 47 & 49 River Rd in New Portland, ME 04961. The property is available for sale for $950,000. It has a 12,611 sq ft 13 bedroom, 5 bath house.

Checked 1 hour ago — Updated

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