391 Front St Richmond, ME 04357
Estimated payment $2,731/month
Highlights
- Water Views
- Public Beach
- Colonial Architecture
- Nearby Water Access
- The property is located in a historic district
- Wood Flooring
About This Home
Here's a unique opportunity to own a 2-unit duplex located in Richmond's historic district, offering beautiful views of the Kennebec River. This property is well-suited for a variety of ownership options, including use as an income-generating investment or for personal residence with rental income from the second unit.
The first-floor unit includes three bedrooms and one and a half bathrooms. It features a spacious layout with
functional living areas.
The second unit spans the second and third floors, offering four bedrooms and two full bathrooms. With living space across two levels, this unit provides flexibility and privacy for a variety of living arrangements.
Set in a quaint and walkable neighborhood, the property is just minutes from the Richmond public boat launch and Peacock Beach, with convenient access to local shops, dining, and community amenities. Both units are currently leased to long-term tenants, providing consistent rental income.
This duplex offers versatility and long-term potential in a desirable location along Maine's scenic Kennebec River.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,853
Year Built
- Built in 1870
Lot Details
- 0.32 Acre Lot
- Public Beach
- Sloped Lot
Parking
- Gravel Driveway
Home Design
- Duplex
- Colonial Architecture
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 2,900 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Water Views
- Storm Windows
- Laundry on main level
- Attic
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- Deep Water Access
- River Nearby
- Outbuilding
- Porch
Location
- The property is located in a historic district
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 65
- Assessor Parcel Number RICD-000003-000000-000065-000000-U
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $8,750
- Gross Income $26,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,853 | $120,900 | $36,300 | $84,600 |
| 2023 | $2,599 | $120,900 | $36,300 | $84,600 |
| 2022 | $2,364 | $120,900 | $36,300 | $84,600 |
| 2021 | $2,364 | $120,900 | $36,300 | $84,600 |
| 2020 | $2,364 | $120,900 | $36,300 | $84,600 |
| 2019 | $2,364 | $120,900 | $36,300 | $84,600 |
| 2018 | $2,364 | $120,900 | $36,300 | $84,600 |
| 2017 | $2,364 | $120,900 | $36,300 | $84,600 |
| 2016 | $2,315 | $120,900 | $36,300 | $84,600 |
| 2015 | $2,261 | $120,900 | $36,300 | $84,600 |
| 2014 | $2,333 | $120,900 | $36,300 | $84,600 |
| 2013 | $2,188 | $120,900 | $36,300 | $84,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Price Changed | $450,000 | -9.1% | $155 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $495,000 | -- | $171 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $109,600 | Unknown |
Source: Maine Listings
MLS Number: 1624102
APN: RICD-000003-000000-000065-000000-U
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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