About This Home
This 0-bedroom, 5-bathroom commercial at 1712 Central Avenue in Augusta, GA is listed for $415,000 ($131 per sqft). Built in 1926, the home offers 3,160 sqft of living space on a 0.24 acres lot.
Key Features
- Built in 1926
- 0.24 acre lot
- Fireplace
Property Details
Amenities
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!
Monthly Cost Estimate
$2,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1712 Central Avenue
Augusta, GA 30904
Not In Subdivision
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 5-bathroom commercial at 1712 Central Avenue is listed at $415,000 ($131/sqft). The estimated monthly payment is $2,219 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1926, 0.24 acre lot, Fireplace.
This property is listed by Wayne Snyder and can be reached at 6142842962.