Multi-Family for Sale: TBD Arch Street, Richmond, ME 04357

2 full baths
$450,000
$450,000
TBD Arch Street, Richmond, ME 04357
2 full baths
$450,000
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Price:
$450,000

Type Multi-Family
Style Farmhouse
Total Baths 2 full baths
Square Feet 1,800 sqft
Lot Size 0.02 acres
Year Built 9999
Taxes Paid $1

City Richmond
County Sagadahoc

MLS 1583730
Status Active
DOM 290 days
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!

Room Features

Basement Description None, Not Applicable

Lot & Building Features

Cooling Heat Pump
Tax Year 2023
Taxes Paid $1

Unit Features

Unit 1 Full Baths 1
Unit 1 of Bedrooms 3
Unit 1 of Rooms 5
Unit 2 Full Baths 1
Unit 2 of Bedrooms 1
Unit 2 of Rooms 2

Price History of TBD Arch Street

Date Name Price Difference
03/08/2024 Listing Price $450,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$350,000
$198 / sqft
Average
$350,000
$198 / sqft
High
$350,000
$198 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Richmond 04357 0 2.0 $450,000 1,800 $250 N/A
16 Lincoln Street Richmond 04357 0 3.0 $350,000 1,764 $198 05/15/2024

Map of TBD Arch Street, Richmond, ME

Location Map Street View
Photo of Frances Buck
Direct: 603-427-3328
Office
55 Congress St Suite A
Portsmouth, NH 03801
603-431-1100
Listed by EXP Realty, Robert Weisman & Michael Weisman 888-439-8743
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TBD Arch Street (MLS #1583730) is a farmhouse multi-family listing located in Richmond, ME. This is a multi-family listing with a lot of 871 sqft (or 0.02 acres). This property was listed on 09/14/2024 and has been priced for sale at $450,000.

The multi-family listing at 16 Lincoln Street in Richmond is nearby and sold for $350,000 on 05/15/2024.

Nearby zip codes are 04008, 04342, 04345, 04348 and 04579. This property neighbors other cities such as Bowdoinham, Dresden, Gardiner, Pittston and Woolwich.

MREIS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: EXP Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2024 Maine Real Estate Information System, Inc. All Rights Reserved. This web site does not display complete Maine Listings. Certain Maine Listings of other real estate brokerage firms have been excluded.