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178 Academy Street

Warrenton, GA 30828
  • $849,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 527494
UPDATED: 88 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 is 100% tenant occupied and comprises 8 different parcels 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. 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 2024-05-19T18:58:42.
www.jessicathompsonrealestate.com/homes/149684028
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178 Academy Street Warrenton, GA 30828

  • Price: $849,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 88 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 is 100% tenant occupied and comprises 8 different parcels 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. 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 No Construction Materials Other Lot Size Dimensions 0 Parking Features Other

Interior Features

Bathrooms Full 14 Bathrooms Half 0 Cooling YN Yes Heating OtherMultiple Systems Unit1 Bathrooms Full 1 Unit1 Bathrooms Half 0 Unit1 Bedrooms 2 Unit1 Sq Ft 720 Unit2 Bathrooms Full 2 Unit2 Bathrooms Half 0 Unit2 Bedrooms 4 Unit2 Sq Ft 1792 Unit3 Bathrooms Full 2 Unit3 Bathrooms Half 0 Unit3 Bedrooms 4 Unit3 Sq Ft 1848 Unit4 Bathrooms Full 2 Unit4 Bathrooms Half 0 Unit4 Bedrooms 3 Unit4 Sq Ft 1512 Unit5 Bathrooms Full 1 Unit5 Bathrooms Half 0 Unit5 Bedrooms 2 Unit5 Sq Ft 864 Unit6 Bathrooms Full 2 Unit6 Bathrooms Half 0 Unit6 Bedrooms 3 Unit6 Sq Ft 1284 Unit7 Bathrooms Full 2 Unit7 Bathrooms Half 0 Unit7 Bedrooms 2 Unit7 Sq Ft 780 Unit8 Bathrooms Full 2 Unit8 Bathrooms Half 0 Unit8 Bedrooms 3 Unit8 Sq Ft 1595

Property Features

Community Features Other Listing Terms 1031 ExchangeCash New Construction YN No Owner Pays None Possession Close Of Escrow Property Sub Type Multi Family Special Listing Conditions Not Applicable Tenant Pays All Utilities Unit1 Rent 900 Unit2 Rent 900 Unit3 Rent 900 Unit4 Rent 900 Unit5 Rent 700 Unit6 Rent 900 Unit7 Rent 750 Unit8 Rent 900 Water Source Other

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 2024-05-19T18:58:42.
 
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