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About the Listing 2927 - 008201
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.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
1652957
Year Built
1982
Total Square Footage
3,936
Lot/Acreage
1.04
County
Kennebec
Interior Details
- Bedrooms: 0
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Zoned,Hot Water,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2910
- Below Ground Sq Ft: 1026
- Basement: Interior,Walk-Out Access,Full
- Other:
- Water: Well,Private
Exterior Details
- Lot Description: Wooded,Near Turnpike/Interstate,Near Town
- Garage Capacity: 2 car
- Zoning: RRES
- Roof: Metal,Shingle
- Others:
- Sewer: Private Sewer
- Parking Features: 5 - 10 Spaces,Paved,Common,Detached
Financial Details
- Tax Amount: $5,915
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
516 Eight Rod Rd Augusta, ME 04330
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