Tbd Arch Street

Richmond, ME 04357

MLS ID# 1583730 Active

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$450,000

1800 sqft

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• Description
• Location Information
• Property Information
• Compensation & Misc Info
• Remarks
• Details

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! 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 ... show more

Location Information

• Street # TBD
• Street Name Arch
• Street Type Street
• County Sagadahoc
• Town Richmond
• State/Province ME
• Zip Code 04357
• Leased Land No
• Book 2020R
• Page 07478
• Map 03
• Lot 11
• Zoning VIL
• Zoning Overlay No
• Tax ID TBDarchstrichmond04357
• Association No
• Full Tax Amount 1
• Tax Year 2023

Property Information

• Surveyed Yes
• Seasonal No
• Number of Units 2
• Total Baths 2
• Total Full Baths 2
• Total Half Baths 0
• Year Built 9999
• SqFt Finished Above Grade 1800
• SqFt Finished Below Grade 0
• SqFt Finished Total 1800
• SqFt Source Builder
• Other Source of Square Footage Plans
• Garage No
• Lot Size Acres +/- 0.02
• Source of Acreage Survey
• Road Frontage Yes
• Road Frontage +/- 220
• Source of Road Frontage Survey

Compensation & Misc Info

• Buyer Agency 2.5%

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

Details

• Site

  Corner Lot

• Roads

  Dead End, Public

• Water Info

  No Water Frontage, No Water View

• Recreational Water

  Nearby

• Property Condition

  To Be Built

• Income & Expenses

  Gross Income:14400, Operating Expenses:0

• Units

  # of 1 BD Units:1, # of 2 BD Units:0, # of 3 BD Units:1, # of 4+ BD Units:0

• Unit 1

  No Lease, Level:Second, No Security Deposit, Monthly Rent:1600, # Full Baths:1, # of Half Baths:0, No Dedicated Electric Meter, Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, Range, Refrigerator, Sewer, Water

• Unit 2

  No Lease, Level:First, No Security Deposit, Monthly Rent:1200, # Full Baths:1, # Half Baths:0, No Dedicated Electric Meter, Dedicated Gas Meter, Dedicated Water Heater, No Electric, No Heat, No Range, No Refrigerator, No Sewer, No Water

• Style

  Farmhouse

• Construction

  Wood Frame

• Basement

  None, Slab

• Basement Entry

  Not Applicable

• Foundation Materials

  Slab

• Exterior

  Vinyl Siding

• Roof

  Shingle

• Heat System

  Heat Pump

• Heat Fuel

  Electric

• Water Heater

  Tankless

• Cooling

  Heat Pump

• Floors

  Carpet, Vinyl

• Amenities

  1st Floor Primary BR w/Bath, Bathtub, In-Law Apartment, One-Floor Living, Shower

• Patio and Porch Features

  Porch

• Driveway

  Common

• Parking

  Other Parking

• Vehicle Storage

  No Vehicle Storage

• Electric

  Circuit Breakers

• Utilities

  No Utilities On

• Gas

  Bottled

• Sewer

  Public Sewer

• Water

  Public