Richmond ME Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,496
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1850
Baths:
3.00
MLS#:
1606143

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
1,800
Status:
Active
Beds:
n/a
Lot size:
0.02 Acres
Baths:
2.00
MLS#:
1583730

ADDITIONAL INFORMATION

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!

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Andrea Conner, License DB922721, Xome Inc., License AC90602770, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.



Richmond Real Estate

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.

Richmond Weather

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.

Richmond Real Estate Market Conditions

  • Median sales price

    $315,000
    20.6% change since last quarter
  • # Active listings

    14
    30-day change

Richmond Schools and Demographics

Education near Richmond, ME

Metric City County
High School Graduates 93.81 94.1
College Degree - 2 year 7.31 9.12
College Degree - 4 year 33.51 38.25
Graduate Degree 5.7 11.94
Expenditures per Student 31,198 31,198
Students per Teacher 10.5 10.5

Elementary Schools near Richmond, ME

School Grades Students P/T Ratio ZIP
Carrie Ricker School 03 - 05 312 13.6 04350
Dresden Elementary School PK - 05 100 10.3 04342
Helen Thompson School PK - 05 270 13.6 04345
Laura E Richards School PK - 02 230 13.7 04345
Libby-Tozier School PK - 02 182 13.9 04350
Marcia Buker School PK - 05 216 10.6 04357
Pittston Consolidated School KG - 05 198 13.3 04345
River View Community School 03 - 05 184 13.3 04359

Middle Schools near Richmond, ME

School Grades Students P/T Ratio ZIP
Gardiner Regional Middle School 06 - 08 465 12.4 04345
Richmond Middle School 06 - 08 113 8.9 04357

High Schools near Richmond, ME

School Grades Students P/T Ratio ZIP
Gardiner Area High School 09 - 12 642 13.1 04345
Richmond High School 09 - 12 150 9.1 04357

Demographics near Richmond, ME

Metric City County
Neighborhood Type Small town
Population 3,503 36,530
Population Density 115 144
Median Age 35.8 46.8
People per Household 2.3 2.3
Median Household Income 55,878 73,343
Average Income per Capita 27,120 37,443