42 43 47 & 49 River Road, New Portland, ME, 04961 | $799,000
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!
Features
- Amenities: 1st Floor Bedroom
- Baths: 3 full
- Units: 3
- Laundry: Laundry - 1st Floor, Main Level
- Style: Camp, New Englander, Ranch
- Year Built: 1890
- Heating: Other Heat System, Baseboard
- Cooling: None
- Basement: Not Applicable, Unfinished
- Approx Sq. Feet: 3,665
- Acreage: 1.38
- Est. Taxes: $3,859
- Lot Desc: Rolling Slope, Wooded, Rural
- View: Trees/Woods
- Water Front: Yes
- Pet Policy: No Restrictions
- MLS#: 1584758
- Website: https://www.raveis.com
/prop/1584758/424347and49riverroad_newportland_me?source=qrflyer
William Raveis Family of Services
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888.699.8876
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable