42-43 River Rd
Description
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...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 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 ideal—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.
- Listed by John Blouin • LAERP: (207)-446-7708 C: (207)-446-7708 johnblouinrealtor@gmail.com
Property Details for 42-43 River Road
Property Details for 42-43 River Road
| Status | Active |
|---|---|
| MLS # | 1635147 |
| Days on Market | 308 |
| Taxes | $5,911 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 9999 |
| Lot Size | 2.00 AC / 87,120 SF |
| County | Somerset County |
Location
Building Information for 42-43 River Road
Payment Calculator
$5,227 per month
30 year fixed, 6.36% Interest
$4,734
$493
$0
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1Property Information for 42-43 River Road
- Water View: Yes
- Location: Rural
- Page: 33,182
- Directions: From Farmington take Rt ME-27 north about 16 mi, right onto Rt ME-146 about .2mi. 42 River Rd will be on the left, 43, 47 & 49 across the street.
- Latitude: 44.883979
- Longitude: -$70.10
- Water Frontage Owned: 280.0
- Source of Water Frontage: Public Records
- Waterfront Amount: $280.00
- Water Body Type: Stream
- Water Body Name: Lemon Stream
- Association: No
- Tax Lot: 14,37,38,39,40
- Tax Book Number: 5657,6094
- Tax Map Number: 3
- Tax Year: 2024
- Tax Annual Amount: $5,910.72
- Parking Features: Gravel, 5 - 10 Spaces
- Parking: 5 - 10 Spaces
- Vehicle Storage: No Vehicle Storage
- Has Attached Garage: No
- Has Garage: No
- Virtual Tour URL Unbranded: https://mhp.view.property/2346031?idx=1#!/matterport
- Lot Features: Rural, Level, Wooded
- Lot Size Acres: 2.0
- Lot Size Area: 2.0
- Lot Size Source: Public Records
- Lot Size Square Feet: 87120.0
- Lot Size Units: Acres
- Other Source of Square Footage: Photographer Floor Plans
- Roads: Public
- Road Frontage: true
- Road Frontage: 420.0
- Source of Road Frontage: Public Records
- Tree Growth: false
- Site: Level, Wooded
- Above Grade Finished Area: 12611.0
- Building Area Source: Other
- Building Area Total: 12611.0
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Construction: Wood Frame
- Year Built: 9999
- Levels: Multi-Level
- Levels: Multi-Level
- Foundation Details: Stone, Poured Concrete
- Foundation Materials: Stone, Poured Concrete
- Construction Materials: Wood Frame, Vinyl Siding, Wood Siding
- List Price/SqFt: $75.33
- HERS Certified: No
- Heat Fuel: Electric, K-1/Kerosene, Oil, Propane
- Electric: Circuit Breakers
- Gas: Bottled
- Sewer: Private Sewer
- Water Source: Private
- Water Heater: Electric
- Exterior: Vinyl Siding, Wood Siding
- Roof: Metal
- Driveway: Gravel
- Bathrooms Full: 5
- Bathrooms Half: 5
- Bathrooms Total Decimal: 7.5
- Bathrooms Total Integer: 10
- Bedrooms Total: 13
- # Full Baths Level 1: 3
- # Full Baths Level 2: 2
- # Half Baths Level 1: 1
- # Half Baths Level 2: 4
- Basement: Exterior Entry, Interior Entry, Unfinished
- Basement: Unfinished
- Basement Entry: Exterior Only, Interior
- Has Fireplace: No
- Has Cooling: No
- Heating: Electric, K-1/Kerosene, Oil, Propane, Baseboard, Direct Vent Heater, Forced Air, Other
- Has Heating: Yes
- Flooring: Laminate, Tile, Wood, Linoleum
- Land Lease: No
Property History for 42-43 River Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 21, 2025 | Listed (Active) Maine Listings #1635147 | $950,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/21/2025 | Listed (Active) Maine Listings #1635147 | $950,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Schools near 42-43 River Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
Carrabec Community School PublicK to 8 | ||
Carrabec High School Public9 to 12 | ||
Garret Schenck School PublicPK to 5 | ||
Solon Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of LAER
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.
