Tbd Arch Street

Richmond, ME 04357

$450,000
Price
4
Beds
2
Baths
1,800 Sq. Ft.
$250 / Sq. Ft.
1,800
Sq. Ft.
$250
per Sq. Ft.

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...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!
  1. Listed by Rachel Weisman • EXP Realty
  2. Listed by Michael Weisman • EXP Realty

Property Details for Tbd Arch Street

Waterfront
No
ArchitecturalStyle
Farmhouse
Garage
No
Zoning
VIL

Location

Listing Courtesy of EXP Realty
Add your commute
LISTING UPDATED: 03/08/2024 03:32 PM

Property Details for Tbd Arch Street

StatusActive
MLS #1583730
Days on Market65
Taxes$1 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built9999
Lot Size0.02 AC / 871 SF
CountySagadahoc County

Location

Listing Courtesy of EXP Realty
Add your commute

Building Information for Tbd Arch Street

Stories-Residences2Year Built9999Building Size-Lot Size0.02 AC / 871 SF

Payment Calculator

$2,456 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Tbd Arch Street

Summary
Location and General Information
  • Directions: Follow GPS directions for 1 Arch St, Richmond. Lot is on the corner of Arch St and Bridge St. https://maps.app.goo.gl/BDBNcPDdYFYUcfsR7
  • Town: Richmond
  • State/Province: ME
  • Zip Code: 04357
  • County: Sagadahoc
  • Geo Latitude: 44.090944
  • Geo Longitude: -69.7972
  • Tax Lot: 11
  • Site:Corner Lot: Yes
  • Location:Near Town: Yes
  • Location:Neighborhood: Yes
  • Property Condition:To Be Built: Yes
  • Recreational Water:Nearby: Yes
Parking
  • Parking Features: Common, Other
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 2020R
  • Tax Map Number: 03
  • Tax Year: 2023
  • Parcel Number: TBDarchstrichmond04357
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $1.00
Property
Heating and Cooling
  • Water Heater:Tankless: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1800.0
  • Lot Size Acres: 0.02
  • Source of Acreage: Survey
  • Building Area Total: 1800.0
  • Lot Size Area: 0.02
  • Lot Size Units: Acres
  • Lot Size Square Feet: 871.2
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
  • Property Information:Source of Road Frontage: Survey
  • Property Information:Other Source of Square Footage: Plans
Parking
  • Driveway:Common: Yes
Property and Assessments
  • Documents Available: Deed Public Access, Property Disclosure Public Access
  • Leased Land: No
  • Property Type: C
  • Property Type Label: Multi-Family
  • Property Condition: To Be Built
  • Year Built: 9999
  • New Construction: No
Utilities
  • Electric: True
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities:Utilities On: No
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: None, Not Applicable
  • Flooring: Vinyl, Carpet
  • Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, In-Law Floorplan, One-Floor Living, Shower
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Foundation Details: Slab
  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: Yes
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $14,400.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: Second
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $1,600.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 5.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: Yes
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: First
  • Unit 2:Security Deposit: No
  • Unit 2:Monthly Rent: $1,200.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 2.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: Yes
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: No
  • Unit 2:Range: No
  • Unit 2:Refrigerator: No
  • Unit 2:Sewer: No
  • Unit 2:Water: No
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for Tbd Arch Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near Tbd Arch Street

This home is within Regional School Unit 02.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
Henry L Cottrell School
PublicPK to 3

Dresden Elementary School
PublicPK to 5

Hall-Dale Elementary School
PublicPK to 5

Marcia Buker School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Tbd Arch Street is a multi-family home for sale in Richmond, ME 04357. This property was listed for sale on March 8, 2024 by EXP Realty, it's currently listed at $450,000. This listing's school district is Regional School Unit 02. Nearby schools include Henry L Cottrell School, Dresden Elementary School and Hall-Dale Elementary School. Tbd Arch Street is a 4-bed, 2-bath, 1,800 sqft multi-family home built in 9999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.