516 Riverside Dr

Augusta, ME 04330

$235,000
Price
—
Beds
1,838 Sq. Ft.
$128 / Sq. Ft.
1,838
Sq. Ft.
$128
per Sq. Ft.
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Description

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...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!
  1. Listed by Matthew Pouliot • Pouliot Real Estate
    P: (207)-441-9418 C: (207)-441-9418 matt@pouliotrealestate.com

Property Details for 516 Riverside Drive

Architectural Style
Other
Has Waterfront
No
Zoning
PD2
LISTING UPDATED: 07/16/2026 09:30 AM

Property Details for 516 Riverside Drive

StatusActive
MLS #1672059
Days on Market1
Taxes$2,219 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1843
Lot Size0.46 AC / 20,037 SF
CountyKennebec County
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Location

Listing Courtesy of Pouliot Real Estate
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Building Information for 516 Riverside Drive

Stories-Residences2Year Built1843Building Size-Lot Size0.46 AC / 20,037 SF

Payment Calculator

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$1,356 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,171

Property Taxes

$185

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 516 Riverside Drive

Summary
Location and General Information
  • Water View: No
  • Page: 186
  • Latitude: 44.348706
  • Longitude: -$69.75
Taxes and HOA
  • Association: No
  • Tax Lot: 15
  • Tax Book Number: 7719
  • Tax Map Number: 50
  • Tax Year: 2025
  • Tax Annual Amount: $2,219.18
Parking
  • Parking Features: Paved, 5 - 10 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Property
Lot Information
  • Lot Features: Near Town, Open Lot
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Source: Survey
  • Lot Size Square Feet: 20037.6
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 1838.0
  • Building Area Total: 1838.0
  • Property Type: Multi-Family
  • Surveyed: Yes
  • Year Built: 1843
Building Features
  • Construction Materials: Wood Frame, Clapboard
Financial Information
  • List Price/SqFt: $127.86
Utilities
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Public
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Basement: Interior Entry, Walk-Out Access, Full, Unfinished
  • Has Cooling: No
  • Heating: Oil, Forced Air
  • Has Heating: Yes
  • Flooring: Laminate, Tile, Vinyl, Hardwood
Multi Family
Multi Family Information
  • # of 2 BD Units: 2
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $23,400.00
  • Operating Expense: $7,946.00
Rental
Rent Information
  • Land Lease: No

Property History for 516 Riverside Drive

DateEvent & SourcePriceAppreciation
Jul 15, 2026

Listed (Active)

Maine Listings #1672059

$235,000—
DateEvent & SourcePrice
07/15/2026

Listed (Active)

Maine Listings #1672059

$235,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 516 Riverside Drive

This home is within Augusta Public Schools.
Rating
School
Type
Grades
Distance
Sylvio J Gilbert School
Public - PK to 6
Cony Middle School
Public - 7 to 8
Cony
Public - 9 to 12
Lillian Parks Hussey School
Public - K to 6
Rating
School
Distance
Sylvio J Gilbert School
PublicPK to 6

Cony Middle School
Public7 to 8

Cony
Public9 to 12

Lillian Parks Hussey School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 516 Riverside Drive, Augusta, ME 04330

516 Riverside Drive is a multi-family home for sale in Augusta, ME 04330. This property was listed for sale on July 15, 2026 by Pouliot Real Estate, it's currently listed at $235,000. This listing's school district is Augusta Public Schools. Nearby schools include Sylvio J Gilbert School, Cony Middle School and Cony. 516 Riverside Drive is a 0-bed, 2-bath, 1,838 sqft multi-family home built in 1843.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pouliot Real Estate

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.