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Multi-FamilyMEAugusta04330516 Eight Rod Road, Augusta, ME, 04330

516 Eight Rod Road, Augusta, ME, 04330

516 Eight Rod Road, Augusta, ME, 04330
4 baths
$538,000
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Basics

  • Date added: Added 2 months ago
  • Category:
  • Status:
  • Bathrooms: 4
  • Lot size: 1.04 sq ft
  • Year built: 1982
  • Bathrooms Full: 4
  • Lot Size Acres: 1.04 acres
  • Zoning: RRES
  • County: Kennebec
  • MLS ID: 1652957

Description

  • 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.

    Show all description

Location

Building Details

  • Building Area Total: 3936 sq ft
  • Number Of Units Total: 4
  • Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
  • Architectural Style: Other
  • Sewer: Private Sewer
  • Heating: Zoned, Hot Water, Baseboard
  • Roof: Metal, Shingle
  • Foundation Details: Concrete Perimeter
  • Levels: Multi-Level
  • Basement: , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Wood, Vinyl, Carpet
  • Utilities: Utilities On
  • Parking Features: 5 - 10 Spaces, Paved, Common, Detached
  • Garage Spaces: 2
  • WaterSource: Well, Private
  • Lot Features: Wooded, Near Turnpike/Interstate, Near Town
  • Patio And Porch Features: Deck, Patio
  • Cooling: None

Fees & Taxes

  • Gross Income: $62,820

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: The Flaherty Group

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Mobile: 207-404-3368
Office: 207-942-6310

458 Main Street
Bangor, ME 04401
LICENSE #BA928013
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