000 Arch Street Richmond, ME
$450,000
Beds 4
Baths 3
Square Footage 1,800
Acres 0.02
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!
Listed by EXP Realty, Robert Weisman & Michael Weisman 888-439-8743
Details
MLS 1593635
Status Active
Price $450,000
DOM 177 days
Type Single Family
Style Farmhouse
Beds 4
Total Baths 2 full, 1 half baths
Square Feet 1,800 sqft
Lot Size 0.02 acres
Year Built 9999
Taxes Paid $1
Lot & Building Features
Cooling Heat Pump
Tax Year 2024
Taxes Paid $1
Room Details
Bedroom 1 First floor
Bedroom 2 Second floor
Bedroom 3 Second floor
Bedroom 4 Second floor
Kitchen First floor
Kitchen 2 First floor
Living Room First floor
Living Room 2 First floor
Other Room First floor
Basement Description None, Not Applicable
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.