Multi-Family for Sale: 42 43 47 & 49 River Road, New Portland, ME 04961

3 full baths
$699,000
$699,000
42 43 47 & 49 River Road, New Portland, ME 04961
3 full baths
$699,000
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Price:
$699,000
$100,000 - 07/01/2024

Type Multi-Family
Style Camp, Ranch, New Englander
Total Baths 3 full baths
Square Feet 3,665 sqft
Lot Size 1.38 acres
Year Built 1890
Taxes Paid $3,859

City New Portland
County Somerset

MLS 1584758
Status Active
DOM 105 days
Real estate investors take notice! FOUR properties being conveyed together! Located in the heart of Western Maine you'll find this rare opportunity to own three multi-unit/commercial properties as well as one residential, 3 bedroom/1 bath ranch all of which have waterfrontage on Lemon Stream! The three multi-unit properties have 7 units total, one of which was previously being renovated as a commercial kitchen! Sitting on 2 acres and comprised of over 800' of Lemon Stream frontage these properties have tons of potential! Recent improvements include upgraded wiring/service panels, some jacking/leveling and re-supporting in some of the basements. Located just off route 27 and less than 30 minutes from Sugarloaf Ski Resort puts these properties in a great geographic location! Less than 10 minutes to Kingfield, just 20 mins to Farmington and less than 2 hours to Portland! Access to restaurants/eateries, supermarkets, and much more only minutes away! All four properties to be sold together. You won't want to miss this rare opportunity. Call today to learn more!

Room Features

Basement Description Not Applicable, Unfinished

Lot & Building Features

Cooling None
Tax Year 2023
Taxes Paid $3,859

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Rooms 2
Unit 3 Full Baths 1
Unit 3 of Rooms 2

Price History of 42 43 47 & 49 River Road, New Portland, ME

Date Name Price Difference
07/01/2024 Price Adjustment $699,000 12.52%
05/01/2024 Price Adjustment $799,000 6.98%
03/22/2024 Listing Price $859,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 42 43 47 & 49 River Road, New Portland, ME

Location Map Street View
Photo of Brady Roche
Brady Roche
Realtor
Direct: 207-703-8249
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Keller Williams Realty, Joshua Hill 207-879-9800
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0.55207439198856%
6.75%
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42 43 47 & 49 River Road (MLS #1584758) is a camp, ranch, new englander multi-family listing located in New Portland, ME. This multi-family listing is 3,665 sqft and on a lot of 60,113 sqft (or 1.38 acres) and is 134 years old. This property was listed on 03/22/2024 and has been priced for sale at $699,000.

Nearby zip codes are 04938, 04947, 04954, 04956 and 04983. This property neighbors other cities such as Anson, Freeman Twp, Industry, Kingfield and New Vineyard.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.