Investor alert! Unlock the potential of this rare multi-family investment property featuring 5 separate units across 3 buildings situated on a corner lot just minutes from downtown, the medical district and Paine College. With a total of 3,160 sq. ft., stucco exteriors and durable metal roofs, this well-maintained property is ideal for the savvy investor seeking both immediate cash flow and long-term appreciation. Three of the five units are currently rented to stable tenants, providing a steady gross rental income of 2,200 from day one. The remaining two units are vacant. One unit is rent ready with a projected 750 a month in additional income. The fifth unit will need just a little TLC to position it for its maximum income potential. Whether you're expanding your current real estate portfolio or just starting your investment journey, this property offers versatility, location and income Opportunities like this don't come along very often and you won't want to miss out on this!
| MLS # | 98205414 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 374 |
| Listing Provided By | Auben Realty, LLC | Wayne Snyder |
| Bath(s) | 5 |
|---|---|
| SQ Feet | 3,160 |
| Units | 5 |
| Zoning | R |
| Acreage | 0.24 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Wall/Window Unit(s) |
| Fireplaces Total | 1 |
| Roof | Metal |
|---|---|
| Lot Features | Level, Corner Lot |
| Waterfront Features | None |
| Construction Materials | Stucco |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Tax Assessed Value | 128560 |
|---|---|
| Tax Book Number | 1923 |
| Tax Legal Description | 1923/47 |
| Tax Year | 2024 |
| State | GA |
|---|---|
| County | Richmond |
| City | Augusta |
| Zip Code | 30904 |
| Listing VS Median (in 30904) | |
Price: $415,000 low | high Med: $199,900 sqft: 3,160 low | high Med: 1,238 $ / sqft: $131 low | high Med: $163 On site: 374 low | high Med: 37.5 | |
| State | GA |
|---|---|
| County | Richmond |
| City | Augusta |
| Zip Code | 30904 |
| Listing VS Median (in 30904) | |
Price: $415,000 low | high Med: $199,900 sqft: 3,160 low | high Med: 1,238 $ / sqft: $131 low | high Med: $163 On site: 374 low | high Med: 37.5 | |