Exceptionally Rare Income Opportunity!
This 4 Unit Multi use property includes 2 spacious residential 2 bedroom units as well as a Large 2 story Retail Space in the front totaling over 2400 sg ft.
The back building is is a commercial warehouse with a newer loading dock which also includes a pick up truck loading bay. All 3 buildings are situated on 1.15 acres.
All units are currently leased to long term tenants.
Bonus Garage for additional storage.
Highly Motivated Seller.
Closed
$315,000
558 Riverside Drive, Augusta, ME 04330
4beds
8,000sqft
Multi Family
Built in 1940
-- sqft lot
$410,200 Zestimate®
$39/sqft
$1,892 Estimated rent
Home value
$410,200
$345,000 - $480,000
$1,892/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 04, 2025 at 07:54am
Listed by:
Keller Williams Realty
Bought with:
Century 21 Venture Ltd.
Source: Maine Listings,MLS#: 1548093
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Blowers, Hot Water, Zoned
Cooling
- None
Features
- Flooring: Concrete, Wood
- Basement: Interior Entry,Daylight,Finished,Full
Interior area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
- Finished area above ground: 8,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Paved, 21+ Spaces, On Site
- Garage spaces: 2
Features
- Levels: Multi/Split
Lot
- Size: 1.15 Acres
- Features: Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot
Details
- Parcel number: AUGUM00051B00009L00000
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other, Wood Frame, Concrete, Metal Clad, Wood Siding
- Foundation: Block, Brick/Mortar
- Roof: Flat,Membrane,Rolled/Hot Mop,Shingle
Condition
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Augusta
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2025 | Listing removed | $1,500 |
Source: Zillow Rentals | ||
| 4/30/2025 | Price change | $1,500-6.3% |
Source: Zillow Rentals | ||
| 4/17/2025 | Price change | $1,600-5.9% |
Source: Zillow Rentals | ||
| 4/4/2025 | Listed for rent | $1,700 |
Source: Zillow Rentals | ||
| 3/16/2023 | Sold | $315,000$39/sqft |
Source:  Maine Listings #1548093 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,314 +65.1% | $307,300 +59.3% |
| 2023 | $4,429 +3.1% | $192,900 -1.6% |
| 2022 | $4,296 +4.7% | $196,000 |
Find assessor info on the county website
Neighborhood: 04330
Nearby schools
GreatSchools rating
- 7/10Lillian Parks Hussey SchoolGrades: K-6Distance: 2.2 mi
- 3/10Cony Middle SchoolGrades: 7-8Distance: 2.6 mi
- 4/10Cony Middle and High SchoolGrades: 9-12Distance: 2.6 mi
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