49 River Road

New Portland, ME 04961

$799,000
Price
3
Beds
3
Baths
3,665 Sq. Ft.
$218 / Sq. Ft.
3,665
Sq. Ft.
$218
per Sq. Ft.

Description

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...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!
  1. Listed by Joshua Hill • Keller Williams Realty

Property Details for 49 River Road

Waterfront
Yes
Waterfront Features
Stream
ArchitecturalStyle
Camp, New Englander, Ranch
Garage
No
Zoning
Rural
View
Trees/Woods

Location

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LISTING UPDATED: 05/01/2024 01:52 PM

Property Details for 49 River Road

StatusActive
MLS #1584758
Days on Market51
Taxes$3,859 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1890
Lot Size1.38 AC / 60,112 SF
CountySomerset County

Location

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Add your commute

Building Information for 49 River Road

Stories5Residences3Year Built1890Building Size-Lot Size1.38 AC / 60,112 SF

Payment Calculator

$4,682 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,360

Property Taxes

$322

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 49 River Road

Summary
Location and General Information
  • Water Body Name: Lemon Stream
  • Directions: GPS Friendly
  • Town: New Portland
  • State/Province: ME
  • Zip Code: 04961
  • County: Somerset
  • Geo Latitude: 44.883989
  • Geo Longitude: -70.098133
  • Tax Lot: 37,38,39,40
  • Site:Rolling/Sloping: Yes
  • Site:Wooded: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount +: 280.00
  • Water Info:Water Frontage Owned: 280.00
  • Water Info:Water Frontage Shared: .00
  • Source of Water Frontage:Public Records: Yes
  • Recreational Water:Deeded: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 6094,5657
  • Tax Map Number: 3
  • Tax Year: 2023
  • Parcel Number: 424347&49RiverRdNewPortland04961
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,859.00
  • Restrictions:No Restrictions: Yes
Property
Heating and Cooling
  • Water Heater:Electric: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 3665.0
  • Lot Size Acres: 1.38
  • Source of Acreage: Public Records
  • Building Area Total: 3665.0
  • Lot Size Area: 1.38
  • Lot Size Units: Acres
  • Lot Size Square Feet: 60112.8
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 424347
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Deed/Conveyance Type Offered: Quit Claim
  • Property Information:Deed: All
  • Property Information:Total Half Baths: .00
  • Property Information:Color: White
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1890
Utilities
  • Electric: True
  • Sewer: Private Sewer
  • Water Source: Private
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Clapboard, Wood Frame
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Not Applicable, Unfinished
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Features: 1st Floor Bedroom
  • Cooling: None
  • Heating: Other Heat System, Baseboard
  • Foundation Details: Stone
  • Laundry Features: Laundry - 1st Floor, Main Level
  • # Stories: 5
  • # Floors: 5
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 3
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 5
  • Building Info:# Floors: 5
  • Building Info:# Heating Units: 4
  • Building Info:# Water Heaters: 4
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: Yes
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: Yes
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 2.00
  • Unit 2:# of Bedrooms: .00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: Yes
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Lease: No
  • Unit 3:Level: First
  • Unit 3:Security Deposit: No
  • Unit 3:Monthly Rent: $.00
  • Unit 3:# Full Baths: 1.00
  • Unit 3:# Half Baths: .00
  • Unit 3:# of Rooms: 2.00
  • Unit 3:# of Bedrooms: .00
  • Unit 3:Dedicated Electric Meter: Yes
  • Unit 3:Dedicated Gas Meter: Yes
  • Unit 3:Dedicated Water Heater: Yes
  • Unit 3:Electric: Yes
  • Unit 3:Heat: Yes
  • Unit 3:Range: Yes
  • Unit 3:Refrigerator: Yes
  • Unit 3:Sewer: Yes
  • Unit 3:Water: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 1

Property History for 49 River Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 49 River Road

Taxable ValueLand$31,600Additions$121,800Total$153,400
Tax Record2023$2,117 ($176 / month)
Home Facts
Beds4Baths2Total Finished SqFt2,562 SqFtAbove Grade Finished SqFt2,562 SqFtStories3Lot Size34,848 SqFtStyleSingle Family ResidenceYear Built1880Year Renovated2016CountySOMERSETAPNMPRD M:003 L:040

Schools near 49 River Road

This home is within Regional School Unit 74 Msad 74.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Carrabec Community School
PublicPK 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.

Similar Homes

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Similar Sold Homes

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49 River Road is a multi-family home for sale in New Portland, ME 04961. This property was listed for sale on March 16, 2024 by Keller Williams Realty, it's currently listed at $799,000. This listing's school district is Regional School Unit 74 Msad 74. Nearby schools include Carrabec Community School, Carrabec High School and Garret Schenck School. 49 River Road is a 3-bed, 3-bath, 3,665 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.