Here's an investment opportunity for the right buyer. In town house close to everything including restaurants, stores, library (Next door) and a short walk to the waterfront and boat landing. The current owner has never rented at market rate, this home has had family only. It looks to have great possible potential. Property also has a very large storage building, gardening shed and greenhouse, all three units have separate gas and electric services. Tenants pay their own utilities except water, sewer and trash. Some fresh paint and very clean. Come take a look soon.
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!
The median home value in Richmond, ME is $315,000. This is lower than the county median home value of $351,300. The national median home value is $338,100. The average price of homes sold in Richmond, ME is $315,000. Approximately 63.1% of Richmond homes are owned, compared to 26.51% rented, while 10.39% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Richmond real estate agent to arrange a tour today!
Richmond, Maine has a population of 3,503. Richmond is more family-centric than the surrounding county with 29.45% of the households containing married families with children. The county average for households married with children is 25.95%.
The median household income in Richmond, Maine is $55,878. The median household income for the surrounding county is $73,343 compared to the national median of $69,021. The median age of people living in Richmond is 35.8 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 7.9 degrees. The average rainfall is approximately 47 inches per year, with 69.1 inches of snow per year.