This lovely 1.7-acre lot located on the picturesque River Road is bordered by stone walls and consists of two residential buildings. The two-bedroom house has kept the character of an older home with wood floors and hand-hewn beams while recent renovations have included an updated kitchen and bath. The first floor has an open floor plan with living and dining areas and a large sunroom. It is the perfect place to live while renting out the other two units in a separate building. The 2-unit building has a 570 sq ft one-bedroom unit on the first floor, which could also be used as a home office where one could work in peace and quiet away from the main house. The remainder of the first level has workshop space. The second floor of this building consists of a delightful 1050 sq. ft one-bedroom apartment with cathedral ceilings, a modern kitchen, office/overflow room, and full bath.
Multi-familyProperty Type
1985Year Built
1.7 acresLot Size
$137Price/Sq.Ft.
1 garage spacesParking
Listed by Karen Roberts• Tindal & Callahan Real Estate
Bought with James {Michael} Princiotta• Keller Williams Realty
Construction Materials: Wood Siding, Shingle Siding, Wood Frame
Foundation Details: Block, Slab
Roof: Shingle
Total Building Area (Sq. Ft.): 3,248
Exterior Features
Patio & Porch Features: Deck, Patio
Other Structures: Shed(s)
Property Information
Year Built: 1985
Above-Grade Finished Area (Sq. Ft.): 3,248
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $74,052
Lot Size (Acres): 1.7
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Wooded, Rural
Road Surface Type: Paved
Zoning: Rural
Financial
Tax Information
Annual Tax Amount: $2,913.60
Utilities
Utility Information
Has Heating
Heating: Forced Air, Direct Vent Heater
Electric: Generator Hookup, Circuit Breakers
Sewer: Private Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Well, Private
Water Heater: Electric
Location
Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 2
# of 2 Bedroom Units: 1
Operating Expense: $15,000
Gross Income: $50,000
Unit 1 Information
# of Bedrooms: 1
Actual Rent: $1,400
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 1
Actual Rent: $1,300
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 2
Actual Rent: $1,500
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Location Information
Unparsed Address: 567-569 River Road, Newcastle, ME 04553
Directions: (From RT-1) Head east on US-1 N/Main St toward Middle St. Continue to follow US-1 N. 6.3 mi. Turn right onto Snead Spur 0.2 mi. Turn right onto River Rd. Destination will be on the right 2.0 mi.
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 2,895
Stories: 2.0
Lot Size: 1.7 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Lincoln County
APN: 427059
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Great Salt Bay Community School
Public PreK-8 • Assigned • 3.9mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 87° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Newcastle, ME • 04553
Average low and high temperatures (°F)
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49
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Sun exposure
In this area, properties receive around 8 hours in
June and 3.7 hours in December, placing it below the
U.S. average for solar exposure.
8 hrs
3.7 hrs
JuneDecember
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