516 Eight Rod Rd, Augusta, ME 04330
- $520,000
- 4
- BA
- 2,910
- SqFt
Listing courtesy of The Flaherty Group.
Selling Office: The Flaherty Group.- Sold Price
- $520,000
- List Price
- $538,000
- Closing Date
- Mar 27, 2026
- MLS#
- 1652957
- Status
- CLOSED
- Type
- Multifamily
- City
- Augusta
- County
- Kennebec
- Bathrooms
- 4
- Living Area
- 2,910
- Lot Size
- 45,302
- Year Built
- 1982
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.
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Additional Information
- Living Area
- 2,910
- Electric
- Circuit Breakers
- Water
- Well, Private Well
- Basement
- Interior Entry, Walkout, Full
- Cooling
- None
- Year Built
- 1982
- Acres
- 1.04
- Roof
- Metal, Shingle
- Foundation
- Concrete Perimeter
- Style
- Other
- Courtesy Of Listing Office
- The Flaherty Group
- Courtesy Of Selling Office
- The Flaherty Group
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