Last Sold Price
8,000 sqft$39/sqft
558 Riverside Dr, Augusta, ME 04330

Description

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.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.
LISTING CLOSED: 03/16/2023 12:00 AM

  1. Listed by Jennifer Sumrall • Keller Williams Realty
    P: (207) 879-9800 klrw318@kw.com

Property Details for 558 Riverside Drive

Status
MLS #
1548093
Days on Market
7
Taxes
$4,296 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family
Year Built
1940
Lot Size
1.15 AC / 50,094 SF
Architectural Style
Other
Style
Other
Has Waterfront
No
Zoning
Commercial

Recent comparable sales

Median sold price

$300,000

Avg days on market

30

Sale-to-list ratio

94.8%

[Augusta, ME]

9 comparable properties found

$300,000 | 133 Riverside Drive, Augusta, ME 04330
1/37
1

$300,000

Sold 12/08/25

Unavailable
Bedrooms
2,160
Square Feet
0.26
Acres
$290,000 | 33 Franklin Street, Augusta, ME 04330
1/35
2

$290,000

Sold 05/04/26

Unavailable
Bedrooms
1,876
Square Feet
0.07
Acres
$305,000 | 27 Cumberland Street, Augusta, ME 04330
1/29
3

$305,000

Sold 06/24/25

Unavailable
Bedrooms
2,340
Square Feet
0.23
Acres
$255,000 | 31 Monroe Street, Augusta, ME 04330
1/80
4

$255,000

Sold 12/05/25

Unavailable
Bedrooms
2,248
Square Feet
0.16
Acres
$327,000 | 107 Northern Avenue, Augusta, ME 04330
1/62
5

$327,000

Sold 10/17/25

Unavailable
Bedrooms
2,167
Square Feet
0.51
Acres
$260,000 | 143 Northern Avenue, Augusta, ME 04330
1/29
6

$260,000

Sold 10/06/25

Unavailable
Bedrooms
1,912
Square Feet
0.2
Acres
$314,400 | 30 Patterson Street, Augusta, ME 04330
1/18
7

$314,400

Sold 06/02/26

Unavailable
Bedrooms
2,448
Square Feet
0.24
Acres
$350,000 | 210 Mt Vernon Avenue, Augusta, ME 04330
1/91
8

$350,000

Sold 12/29/25

Unavailable
Bedrooms
3,276
Square Feet
0.56
Acres
$250,000 | 80 Willow Street, Augusta, ME 04330
1/24
9

$250,000

Sold 03/31/26

Unavailable
Bedrooms
2,020
Square Feet
0.13
Acres

Location

Listing Courtesy of Keller Williams Realty

Sold By Century 21 Venture Ltd.

Add your commute

Building Information for 558 Riverside Drive

Stories-Residences2Year Built1940Building Size-Lot Size1.15 AC / 50,094 SF

Payment Calculator

$1,959 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,601

Property Taxes

$358

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 558 Riverside Drive

Summary
Location and General Information
  • Water View: No
  • Location: Near Shopping, Near Turnpike/Interstate, Near Town
  • Page: 146
  • Directions: GPS Friendly
  • Latitude: 44.351261
  • Longitude: -$69.75
Taxes and HOA
  • Association: No
  • Parcel Number: AUGU-000051-000009
  • Tax Lot: 000
  • Tax Book Number: 12718
  • Tax Map Number: 0051
  • Tax Year: 2022
  • Tax Annual Amount: $4,296.00
Parking
  • Parking Features: Gravel, Paved, 21+ Spaces, On Site
  • Parking: 21+ Spaces, On Site
  • Vehicle Storage: 2 Car
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Open, Level, Near Shopping, Near Turnpike/Interstate, Near Town
  • Lot Size Acres: 1.15
  • Lot Size Area: 1.15
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 50094.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Seller
  • Site: Level, Open
Property and Assessments
  • Above Grade Finished Area: 8000.0
  • Building Area Total: 8000.0
  • Property Type: Multi-Family
  • Construction: Other, Wood Frame
  • Structure Type: Post & Beam
  • Structure Type: Post & Beam
  • Year Built: 1940
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Block, Brick/Mortar, Poured Concrete
  • Foundation Materials: Block, Poured Concrete, Brick/Mortar
  • Construction Materials: Other, Wood Frame, Concrete, Metal Clad, Wood Siding
Financial Information
  • List Price/SqFt: $39.38
Utilities
  • Heat Fuel: Gas Bottled, Multi-Fuel System, Oil
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Public
  • Water Heater: Electric
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Concrete, Metal Clad, Wood Siding
  • Roof: Flat, Membrane, Rolled/Hot Mop, Shingle
  • Driveway: Gravel, Paved
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Basement: Interior, Daylight, Finished, Full
  • Basement: Daylight, Finished, Full
  • Has Cooling: No
  • Heating: Gas Bottled, Multi-Fuel System, Oil, Baseboard, Blowers, Hot Water, Zoned
  • Has Heating: Yes
  • Flooring: Concrete, Wood
Multi Family
Multi Family Information
  • # of 2 BD Units: 2
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $53,200.00
  • Operating Expense: $16,790.00
Rental
Rent Information
  • Land Lease: No

Property History for 558 Riverside Drive

DateEvent & SourcePriceAppreciation
Mar 16, 2023

Sold (Public Record)

Public Record #1507846385

$315,000

+18.2% / yr

Mar 16, 2023

Sold

Maine Listings #1548093

$315,000
Feb 2, 2023

Pending

Maine Listings #1548093

DateEvent & SourcePrice
03/16/2023

Sold (Public Record)

Public Record #1507846385

$315,000

+18.2% / yr

03/16/2023

Sold

Maine Listings #1548093

$315,000
02/02/2023

Pending

Maine Listings #1548093

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

Public Records for 558 Riverside Drive

Taxable ValueLand$56,000Additions$254,700Total$310,700
Tax Record2025$7,581 ($632 / month)
Home Facts
Total Finished SqFt2,018 SqFtAbove Grade Finished SqFt2,018 SqFtStories2Lot Size50,094 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973Year Renovated1973CountyKENNEBECAPNAUGU M:00051 B:00009 L:00000

Schools near 558 Riverside Drive

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

Cony Middle School
Public7 to 8

Cony High School
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 558 Riverside Drive, Augusta, ME 04330
$315,000
8,000
50,094
$47,000
3
927
16,117
$624,000
9,695
331,056
$325,000
2,400
21,344
6,893
54,450
$140,000
2,594
20,037

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 Keller Williams Realty

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.