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516 Eight Rod Road , Augusta, ME 04330

$538,000
  • 516 Eight Rod Road , Augusta, ME 04330 Main Photo

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New to the Market Active
BEDS0 BATHS4 full SQUARE FEET3,936 MLS#1652957
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property 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.

516 Eight Rod Road | MLS# 1652957

This multi-family property located at 516 Eight Rod Road , Augusta, ME 04330 is currently listed for sale with an asking price of $538,000. Search Augusta real estate on syseng.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Entry
Garage: 2
Heating: Baseboard, Hot Water, Zoned
Home Style: Other
Lot Size: 1.04 Acres
Roof Type: Metal, Shingle
Taxes: $5,915
Year Built: 1982

Feature Descriptions

Electric: Circuit Breakers
Flooring: Carpet, Vinyl, Wood, Luxury Vinyl
Sewer: Private Sewer
SQ FT Above Grade: 2910
SQ FT Below Grade: 1026
Water: Private, Well
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: The Flaherty Group
Agency Phone: 207-221-8585

Shown By

Agent Name: Sys Eng
Agent Phone: (207) 623-1123
Agency Title: Sprague and Curtis Real Estate

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Estimated Payment

$ 1,847.19 per month $1,197.35 Principal & Interest $492.92 Property Tax $156.92 Homeowner's Insurance

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