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$1,200,000
310 Days On Site

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

For Sale|Single Family Residence|Active
14
Beds
9
Total Baths
8
Full Baths
1
Partial Bath
13,451
SqFt
$89
/SqFt
County:
Somerset
Days online/new listing status provided by Showcase IDX.
Listing courtesy of of LAER
42 43 47 & 49 River Road42 43 47 & 49 River Road42 43 47 & 49 River Road42 43 47 & 49 River Road
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Mortgage Calculator

Monthly Payment (Est.)

$5,475
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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 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

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Listing Snapshot
Price 
$1,200,000
Days On Site 
310 Days
Bedrooms 
14
Inside Area (SqFt) 
13,451 sqft
Total Baths 
9
Full Baths 
8
Partial Baths 
1
Lot Size 
2.09 Acres
Year Built 
N/A
MLS® Number 
1635146
Status 
Active
Property Tax 
$6,727.84
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Days online/new listing status provided by Showcase IDX.
Friends & Family
Recent Activity
10 months agoStatus changed to Active
10 months agoListing updated with changes from the MLS®
10 months agoListing first seen on site
Price history, status history, and update history provided by Showcase IDX.
General Features
Acres 
2.09
Foundation 
Stone
Garage 
Yes
Land Lease 
No
Parking 
Gravel
Property Sub Type 
Single Family Residence
Sewer 
Private Sewer
SqFt Above 
13451
SqFt Total 
13451
Style 
Cape CodNew EnglanderRanch
Utilities 
Propane
Water Source 
PrivatePublic
Zoning 
Residential
Interior Features
Appliances 
Electric RangeRefrigerator
Basement 
Exterior EntryInterior EntryUnfinished
Electric 
Circuit Breakers
Flooring 
LaminateTileWoodLinoleum
Heating 
ElectricOilPropaneBaseboardForced AirOther
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Exterior Features
Construction Details 
Vinyl SidingWood SidingFrame
Lot Features 
Level
Road Frontage 
Private Road
Roof 
Metal
View 
Water
Waterfront 
Yes
Waterfront Features 
Lemon Stream
Waterview 
Water
Listing courtesy of of LAER Bought with of



Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Last checked 2026-06-27 04:12 PM UTC

Neighborhood & Commute
Source: Walkscore
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