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$1,200,000

42 43 47 & 49 River Road

14
Beds
8.5
Bath
13,451 Sqft

New Portland, Maine, 04961, United States

About the Property

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 investors 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 Kingfield—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

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Property Type
Residential
Bedroom

14
Bathroom

8.5
Area

13,451 Sqft
Provided by Homes and Land
New PortlandMaine
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Features

New Portland, Maine, 04961, United States
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