TBD Arch Street, Richmond, ME 04357
FOR SALE

TBD Arch Street
Richmond, ME 04357

  • Studio
  • 2 Baths
  • 1,800 sqft
  • Studio
  • 2 Baths
  • 1,800 sqft

$450,000

Est. Mortgage $2,908/mo*
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Local Information

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Last check for updates: about 9 hours ago
Listing courtesy of EXP Realty
Source: Maine Listings, MLS#1583730

Description

Introducing an exceptional build package opportunity, an attainable housing solution in a difficult housing market.

Featuring one family sized home combined with a smaller one-bedroom, complete single floor living, suite. This two-unit house is custom designed to meet a variety of housing needs for prospective homeowners. Offset your cost of home ownership with an income producing rental unit. Combine family resources in a multigenerational yet independent living arrangement. Build wealth through real estate investing with a new construction house hack. Avoid the ongoing capital expenses of older multi-unit housing. Benefit from the many readily available owner occupier loans. A residential multi-family home offers great opportunities to the savvy buyer.

The house plan consists of a 3-bedroom, 1.5-bathroom unit and a 1-bedroom, 1-bathroom unit designed in a classic Maine Farmhouse style. Each unit is complete with its own kitchen and laundry facilities. The shared covered porch offers a welcoming space for relaxation and social interaction, while maintaining the privacy and independence of each unit.

This build package opportunity is located in the desirable town of Richmond, Maine. The lot is in a quiet residential neighborhood, featuring town water and sewer, and easy access to all the commuter highways. Builders have good relationship and track record with local banks for construction loan financing. Additional locations may be available, or bring your own lot!

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$250
Listed
No Info

Home Details for TBD Arch Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1800 Square Feet
Appliances & Utilities
Laundry: Laundry - 1st Floor,Upper Level,Main Level
Heating & Cooling
Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Vinyl, Carpet
Levels, Entrance, & Accessibility
Floors: Vinyl, Carpet

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: PorchFoundation: SlabNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Common,Other
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1800 Square Feet

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Farmhouse
Building
Construction Materials: Vinyl Siding, Wood FrameNot a New Construction
Property Information
Condition: To Be Built

Price & Status

Price
List Price: $450,000Price Per Sqft: $250

Location

Direction & Address
City: Richmond

Agent Information

Listing Agent
Listing ID: 1583730

Building

Building Area
Building Area: 1800 Square Feet

Lot Information

Lot Area: 871.2 sqft

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 1583730

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Property Taxes and Assessment

Year2022
Tax$489
Assessment$25,000
Home facts updated by county records

Comparable Sales for TBD Arch Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
289 Front Street, Richmond, ME
0.44
Multi-Family Home
$92,000
01/26/24
3
1,766
830 Brunswick Road, Richmond, ME
5.41
Multi-Family Home
$325,000
12/04/23
2
1,848

What Locals Say about Richmond

  • Janice L.
    "I work from home so I don’t have a commute! I get to look around and I’m surrounded by beautiful trees and Fields"
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  • Melissa.a.chadwick
    "It’s the “hole in the donut” 30 minutes to two major metropolitan areas, Augusta and Brunswick. Direct exit off I-295."
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  • Judithbatty
    "Richmond is a beautiful little town with a wonderful waterfront on the Kennebec River. The people are friendly and welcoming. The Town has been taking pride in itself and has added new side walks and lovely street lamps to enhance the down town area. "
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LGBTQ Local Legal Protections

EXP Realty
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
TBD Arch Street, Richmond, ME 04357 is a studio, 2 bathroom, 1,800 sqft multi-family. This property is currently available for sale and was listed by Maine Listings on Mar 8, 2024. The MLS # for this home is MLS# 1583730.