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Bean Group
Offered at $185,000Pending
beds
4
baths
2
sq ft
1,003
Built
1870

5 Lincoln Street

Richmond, ME 04357

About this home

Skip the stress of renting a second place or rushing a renovation with this spacious four-bedroom, one-bathroom home. Located less than a mile from downtown Richmond and the riverfront, this property offers the rare opportunity to move right in, live comfortably from day one, and take your time updating the space to match your style while building equity at your own pace. The home provides immediate functionality with a reliable structure, a practical layout, and fully functional living spaces, meaning you don't need to swing a hammer before you unpack. Because of the generous four-bedroom layout, you can easily block off rooms under construction while maintaining comfortable, dust-free daily living areas. Adding massive utility to the property is the invaluable attached barn, which offers dry, secure storage for renovation materials, a dedicated workshop space during projects, or the option to convert it back into a functional garage down the road. All of this is situated within half a mile to town and the water, ensuring plenty of activities while you gradually bring your vision to life. For buyers looking to add value without sacrificing daily comfort, this property delivers the ideal balance of immediate livability and long-term upside.

Listing last checked: Listing updated:

Listed by Listing Agent · Coldwell Banker Realty · MLS #1668173

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Details at a glance

Interior5 property facts
Rooms
7
Heating
Oil, Wood, Forced Air, Wood Stove
Cooling
None
Flooring
Carpet, Vinyl, Hardwood
Fireplaces
1
Building5 property facts
Style
Single Family Residence
Year built
1870
Garage
1
Foundation
Block, Stone
Roof
Shingle
Land & utilities4 property facts
Lot size
0.06 acres
Water
Public
Sewer
Public Sewer
Zoning
Residential
Financial2 property facts
Annual taxes
$3,721
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $185,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,246 / monthAdjust
Principal & interest
$935
Property tax
$310
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,721. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 5 Lincoln Street

Can I request a private showing?

Request a tour of 5 Lincoln Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.