$235,000

516 Riverside Dr Augusta, ME 04330

Augusta Area

Estimated payment $1,454/month

Total Views 27
-- Bed
2 Baths
1,838 Sq Ft
$128 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Open Lot
  • No HOA

About This Home

Looking to get into a rental, or just want the mortgage to pay itself down? This duplex is worth a look. Two units, each with its own entrance, so you're not tripping over your tenant or they're not tripping over you. Live in one side and rent the other, or rent both out and let it work for you, either way, the numbers make sense. Both units are bright and laid out well with good-sized bedrooms, comfortable living rooms, kitchens that get the job done without any fuss. Utilities are separate where it counts, and there's plenty of parking for owners and tenants both. Yard's a manageable size with enough room for a garden or to sit out in the evening, not so much you'll dread mowing it. And you're close to shopping, schools, and the main routes into town, so tenants won't have any trouble getting where they need to go. Good duplexes at a fair price don't sit around long. If you've been waiting for the right one to come along set up your showing today!

Listing Agent

Matt Pouliot

Pouliot Real Estate Brokerage Phone: 207-248-6044 Listed on: 07/15/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,219

Year Built

  • Built in 1843

Lot Details

  • 20,038 Sq Ft Lot
  • Open Lot

Parking

  • Paved Parking

Home Design

  • 1,838 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Clapboard

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 15

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,946
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,219

Year Built

Built in 1843

Lot Details

0.46 Acres

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 1838.00
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1843
  • Attribution Contact: 207-248-6044
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate, Tile, Vinyl, Hardwood

Exterior Features

  • Lot Features: Near Town, Open Lot
  • Waterfront: No
  • Construction Type: Wood Frame, Clapboard
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, 5 - 10 Spaces

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.60
  • Zoning: PD2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23400.00
  • Annual Operating Expense: 7946.00

Tax Info

  • Tax Annual Amount: 2219.18
  • Tax Lot: 15
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2026 07/15/26 For Sale $235,000 -- $128 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1672059

Maine Listings
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