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516 Eight Rod Road

Augusta

$538,000

beds   ·   4 baths   ·   3,936 sqft   ·   1.04 acres   ·   taxes: $5,915   ·   MLS#: 1652957

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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1982
  • Style : Other
  • Flooring : Wood, Vinyl, Carpet
  • Garage Spaces : 2.00
  • Roof : Metal, Shingle
  • Basement : Interior, Walk-Out Access, Full
  • Heating : Zoned, Hot Water, Baseboard
  • Cooling : None

Site

  • Water Source : Well, Private
  • Utilities : Utilities On
  • Sewer : Private Sewer
  • Zoning : RRES
  • Road Surface Type : Paved
Listing provided by The Flaherty Group

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


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© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
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43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
privacy policy