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000 Arch Street, Richmond, ME 04357

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For Sale

$450,000

4 beds • 2 baths • 1 half baths • 1,800 sqft

Estimated Payment

$ 2,311 /mo. †

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $250.00
    Price per square foot

Explore this Property

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!
MLS# 1593635

Courtesy Of EXP REALTY LLC
PO Box 864, Rangeley, ME 04970
(888) 439-8743

Property Features

  • Amenities
    Porch
  • Architecture Style
    Other
  • Cooling System
    Heat Pumps
  • Exterior Type
    Vinyl Siding
  • Heating System
    Heat Pump
  • Lot Size
    0.02 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 000 Arch Street, Richmond, ME 04357

Home seller CENTURY 21 Atlantic Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atlantic Realty

(207) 363-4053
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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $2,311
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,311

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Marcia Buker Elementary School

Grades PK-5 Public School

Richmond, ME 04357 0.6 miles
28 high st

192 total students
9:1 Student teacher ratio

School Rating: D

School Details

Richmond Middle School

Grades 6-8 Public School

Richmond, ME 04357 0.8 miles
132 main st

103 total students
10:1 Student teacher ratio

School Rating: C

School Details

Richmond High School

Grades 9-12 Public School

Richmond, ME 04357 0.8 miles
132 main st

135 total students
10:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Dresden Elementary School 3.5 miles Public PK-5

Dresden Elementary School

Distance: 3.5 miles

Type Public

Grades: PK-5

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Richmond, ME 04357

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Richmond, ME 04357

This community’s employment is highest in the construction and sales industries. The area’s overall household expenses are above the national average.

79° July
Hottest Average Month
10° January
Coldest Average Month
1,534 Total Households in Area
0.7% Increase in population since the year 2010
30.8%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Richmond, ME 04357

Richmond, ME 04357 has a population of 3,547 people in 1,534 households with a median age of 36.4 years old.

0.7%
Increase in population
since the year 2010
Population is Trending up
1,517
Total households as of 2010
4.1%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.4 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 93%
Hispanic 1%
Native American <1%
Asian <1%
Other <1%
Black <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 1%, Native American at <1%, and Asian at <1%.

Economics
for Richmond, ME 04357

113 /sq mi
Population Density
$59,276 /yr
Median Household Income
$215,000
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.84% of the households.

Transportation to Work

  • Drive 85%
  • Work from Home 10%
  • Public Transit 2%
  • Walk or Bike 2%

Occupancy by Type

Owned 1,124 65%
Rented 410 24%
Vacant 185 11%

White vs Blue Collar Jobs







White Collar 73%
Blue Collar 27%

Family & Education Facts
for Richmond, ME 04357

36.4 Median Age

Average Household Size

2.3
persons per
household

43.9%

Married Households

Community Population By Education

High School Graduate 31%
Bachelors Degree 26%
Some College 23%
Graduate Degree 7%
Associates Degree 7%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 30.98% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.8% of households have children

Weather
for Richmond, ME 04357

The weather for this area ranges from a high of 79° F in July to a low of 10° F in January

79° July
Hottest Average Month
10° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
10°
30°
Feb
12°
33°
Mar
23°
41°
Apr
33°
53°
May
42°
65°
Jun
52°
74°
Jul
58°
79°
Aug
56°
78°
Sep
49°
70°
Oct
39°
59°
Nov
30°
46°
Dec
17°
35°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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