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000 Arch Street

Richmond, ME 04357

4 beds
3 baths
1,800 sqft
871 sqft lot
$250 per sqft
– on site

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!

Listing courtesy of MREIS / EXP Realty

Last checked: Checking… • Last updated Dec 23, 2024 •

MLS# 1593635 —

The Building

Year Built:

9999
New Construction:

false
Construction Materials:

Vinyl Siding, Wood Frame
Roof:

Shingle
Basement:

None, Not Applicable
Direction Faces:

None
Window Features:

None
Building Features:

None
Patio And Porch Features:

Porch
Building Area Total:

1800.0
Building Area Source:

Builder

Interior

Rooms Total:

9
Kitchen:

true
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Land Lease:

false

Location

Directions:

None

The Property

Property Condition:

To Be Built
Lot Features:

Corner Lot, Near Town, Neighborhood
Lot Size:

871 Sqft
Lot Size Area:

0.02
Lot Size Acres:

0.02
Lot Size Units:

Acres
Lot Size Source:

Survey
Lot Size Dimensions:

None
Zoning:

VIL
Property Attached:

No
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

false
Other Equipment:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$1

Beds

Bedrooms Total:

4

Baths

Full Baths:

2
Three Quarter Baths:

None
Half Baths:

1
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None

Heating & Cooling

Heating:

Heat Pump
Heating:

true
Cooling:

true
Cooling:

Heat Pump

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None

The Community

Spa Features:

None
Pool Private:

No
Association Amenities:

None
Association Fee Includes:

None
Association:

false

Parking

Garage:

false
Attached Garage:

false
Carport Spaces:

None
Parking Features:

Common, Other

Monthly cost estimate

Asking price

$450,000

Expense	Monthly cost
Mortgage	$2,409
Taxes	N/A
Insurance	$123
Utilities	N/A
Total	$2,532/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
6/17/24 Jun 17, 2024	Listed / Active	MREIS	$450,000

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This house located in Richmond, ME 04357 is currently for sale for $450,000. 000 Arch Street is a 1,800 square foot house with 4 beds and 3 baths that has been on Estately for 191 days. This house is in the attendance area of Dresden Elementary School, Richmond High School, Hall-Dale Middle And High School, Richmond Middle School, Monmouth Academy, Marcia Buker School, Monmouth Middle School, Hall-Dale Middle School, Hall-Dale Elementary School, and Henry L Cottrell School.

Listing Provided Courtesy of EXP Realty

Listing data is derived in whole or in part from the Maine IDX & 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 website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.