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178 Academy Street

Warrenton, GA 30828
  • $849,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 527494
UPDATED: 178 min ago
$849,000
  • 23
    BEDS
  • 4.6
    ACRES
  • 14
    BATHS
  • 0
    1/2 BATHS
  • 4,635
    SQFT
  • $183
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1986
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

FULLY LEASED investment opportunity spanning two counties in McDuffie and Warren County, just outside of Augusta, Georgia is now available. This 8 unit single-family rental portfolio comprises four properties across multiple locations. Spanning over 4.6 acres of combined land, these properties offer a diverse mix of housing options, including three single-family homes and five modular homes, providing investors with versatility and potential for increased rental income. The combined square footage of these units is around 4,635 SF, ensuring ample space for tenants to enjoy comfortable living arrangements. Currently, all units are fully leased, generating a steady monthly rent of $6,850. Notably, the low controllable expenses associated with these properties enhance their attractiveness to potential investors. Tenants assume responsibility for utilities and landscaping maintenance, resulting in a favorable investment environment with minimized overhead costs. With tenants on month-to-month leases and self-management by the sellers, there exists significant potential to optimize returns through strategic rent adjustments upon turnover or the initiation of new leases. This presents an opportunity for investors seeking stable rental income and long-term growth potential in the thriving rental markets of Warrenton and Thomson. McDuffie County Properties: 5609 Murray Avenue, Thomson, GA, 30824 1884 Ridgeview Drive, Thomson, GA 30824 1934 Ridgeview Drive, Thomson, GA 30824 383 Morningside Drive, Thomson, GA 30824 Warren County Properties: 266 Mayfield Road, Warrenton, GA 30828 178 Academy Road, Warrenton, GA 30828 49 Memorial Drive, Warrenton, GA 30828 121 W Gibson Street, Warrenton, GA 30828 Don't miss this opportunity to acquire a diversified portfolio in two thriving rental markets, poised for continued growth and profitability. Contact us today to seize this investment opportunity.

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IDX information © 2024 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The Thompson Team | Meybohm Real Estate. Data last updated 2024-05-21T06:58:30.63.
www.jessicathompsonrealestate.com/homes/149237959
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178 Academy Street Warrenton, GA 30828

  • Price: $849,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 178 min ago
  • MLS #: 527494
23
Beds
14
Baths
0
½ Baths
4.6
Acres
4,635
SQFT
$183
$/SQFT
1986
Built
Neighborhood:
Warrenville
County:
Warren
Area:
Warrenton
Elementary School:
M.E. Freeman
Middle School:
Warren County
High School:
Warren County
Property Description
FULLY LEASED investment opportunity spanning two counties in McDuffie and Warren County, just outside of Augusta, Georgia is now available. This 8 unit single-family rental portfolio comprises four properties across multiple locations. Spanning over 4.6 acres of combined land, these properties offer a diverse mix of housing options, including three single-family homes and five modular homes, providing investors with versatility and potential for increased rental income. The combined square footage of these units is around 4,635 SF, ensuring ample space for tenants to enjoy comfortable living arrangements. Currently, all units are fully leased, generating a steady monthly rent of $6,850. Notably, the low controllable expenses associated with these properties enhance their attractiveness to potential investors. Tenants assume responsibility for utilities and landscaping maintenance, resulting in a favorable investment environment with minimized overhead costs. With tenants on month-to-month leases and self-management by the sellers, there exists significant potential to optimize returns through strategic rent adjustments upon turnover or the initiation of new leases. This presents an opportunity for investors seeking stable rental income and long-term growth potential in the thriving rental markets of Warrenton and Thomson. McDuffie County Properties: 5609 Murray Avenue, Thomson, GA, 30824 1884 Ridgeview Drive, Thomson, GA 30824 1934 Ridgeview Drive, Thomson, GA 30824 383 Morningside Drive, Thomson, GA 30824 Warren County Properties: 266 Mayfield Road, Warrenton, GA 30828 178 Academy Road, Warrenton, GA 30828 49 Memorial Drive, Warrenton, GA 30828 121 W Gibson Street, Warrenton, GA 30828 Don't miss this opportunity to acquire a diversified portfolio in two thriving rental markets, poised for continued growth and profitability. Contact us today to seize this investment opportunity.
Exterior Features

Attached Garage Yn Yes Carport Yn No Covered Spaces 2 Lot Size Dimensions 51 x 105 Pool Private Yn No Road Surface Type Concrete Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DishwasherDryerRangeRefrigeratorWasher Building Area Total 1565 Cooling Central Air Cooling YN Yes Furnished Unfurnished Heating Central Heating YN Yes Interior Features Ninguno Laundry Features Other Levels One

Property Features

Application Fee 100 Association Approval Required Yn No Association Fee Requirement None Association Yn Yes Garage Yn Yes Lease Fee 300 Long Term Yn Yes New Construction Yn No Pets Allowed No Property Sub Type Single Family Residence Senior Community Yn No Total Annual Fees 0 Total Monthly Fees 0

Listing courtesy of Meybohm Commercial Properties: 706-736-0700.


IDX information © 2024 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or The Thompson Team | Meybohm Real Estate. Data last updated 2024-05-21T06:58:30.63.
 
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