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Listed price in listed location currency (USD).
$538,000

040

MLS® 1652957

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2910 sqft
Garage No
HOA Fees 
Taxes $5,915
Days Active 6
Approx. Age 1982
Avg. Price Per Sqft $184
MLS® Number 1652957

Property Address: 516 Eight Rod Road, Augusta, ME, 04330

Average square foot calculated using Size range provided by listing agent.

Description

Live in one unit while the others help pay your mortgage! Beautifully maintained 4-unit property featuring a new roof, updated heating system, and clean, move-in ready apartments. This is a rare opportunity to step into homeownership with built-in rental income -- ideal for buyers looking to offset living costs or create long-term financial stability. Instead of paying rent, occupy one apartment and collect income from the remaining units. The property offers strong existing rents, comfortable layouts, and low-maintenance major systems already completed, making the transition to multi-unit ownership simple and approachable. Perfect for owner-occupants, first-time buyers, or anyone looking to combine housing and investment in one property. Convenient location close to shopping, services, and commuting routes. Start building equity while tenants help cover expenses -- a smart alternative to traditional homeownership.
MLS® Number1652957
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1982
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 1, 2026List Date
$538,000List Price
  • Commute

Commute

Starting Address
Destination Address
516 Eight Rod Road, Augusta, ME

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