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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 jpepin.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: Jim Pepin
Agent Phone: (207) 242-3015
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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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/07/2026. The listing information on this page last changed on 03/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/07/2026 1:10:36 AM EST) or MREIS (last updated Sat 03/07/2026 1:05:31 AM EST). Real estate listings held by brokerage firms other than Sprague and Curtis Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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