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Address Not Available By Request

GA
  • $3,200,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 510542
UPDATED: 39 min ago
$3,200,000
  • 57
    BEDS
  • 1.25
    ACRES
  • 29
    BATHS
  • 0
    1/2 BATHS
  • 26,720
    SQFT
  • $120
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950

School Information

Elementary School:
Middle School:
High School:

Description

Auben Realty is pleased to offer a fantastic investment opportunity at 1927 and 1925 Central Avenue in Augusta, GA 30904, located near the Medical District and Augusta University. This property is ideal for short-term student rentals, being just a 5-minute drive from the Medical District and Augusta University. It is also a great option for Masters Rentals, as it is just 4 minutes from the Masters Golf Tournament. In this prime location, you will find that you are close to everything Augusta has to offer. The rates for these units are currently below market, and there is a low vacancy rate with only two units remaining. The property at 1927 Central Avenue has 28 units, and the property at 1925 Central Avenue has 1 unit. Both properties are being sold as a package, with a total of 29 units. Located in an Opportunity Zone! Appliances included with each unit are a refrigerator, dishwasher, electric stove, electric water heater, electric furnace, and all electric. The tenants pay electricity. The owners pay water/sewer/trash, but in return the tenants pay a $55 utility fee.

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IDX information © 2023 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 2023-01-29T19:55:51.093.
www.jessicathompsonrealestate.com/homes/135509429
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Address Not Available By Request GA

  • Price: $3,200,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 39 min ago
  • MLS #: 510542
57
Beds
29
Baths
0
½ Baths
1.25
Acres
26,720
SQFT
$120
$/SQFT
1950
Built
Neighborhood:
None-1Ab
Elementary School:
Monte Sano
Middle School:
Langford
High School:
Richmond Academy
Property Description
Auben Realty is pleased to offer a fantastic investment opportunity at 1927 and 1925 Central Avenue in Augusta, GA 30904, located near the Medical District and Augusta University. This property is ideal for short-term student rentals, being just a 5-minute drive from the Medical District and Augusta University. It is also a great option for Masters Rentals, as it is just 4 minutes from the Masters Golf Tournament. In this prime location, you will find that you are close to everything Augusta has to offer. The rates for these units are currently below market, and there is a low vacancy rate with only two units remaining. The property at 1927 Central Avenue has 28 units, and the property at 1925 Central Avenue has 1 unit. Both properties are being sold as a package, with a total of 29 units. Located in an Opportunity Zone! Appliances included with each unit are a refrigerator, dishwasher, electric stove, electric water heater, electric furnace, and all electric. The tenants pay electricity. The owners pay water/sewer/trash, but in return the tenants pay a $55 utility fee.
Exterior Features

Construction Materials Other Lot Size Dimensions 0 Parking Features Other Parking Total 58.00

Interior Features

Cooling Other Heating See Remarks Unit1 Sq Ft 0.00 Unit2 Sq Ft 0.00

Property Features

Community Features See Remarks Listing Terms 1031 ExchangeCashConventional New Construction YN No Owner Pays See Remarks Property Sub Type Multi Family Sewer Other Special Listing Conditions Not Applicable Tenant Pays ElectricitySee Remarks Unit1 Rent 0.00 Unit1 Unit Number 28 Unit2 Inclusions DishwasherRangeRefrigeratorSee Remarks Unit2 Rent 0.00 Unit2 Unit Number 1 Water Source Other

Listing courtesy of Auben Realty Llc: (706) 305-1551.


IDX information © 2023 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 2023-01-29T19:55:51.093.
 
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The Thompson Team | Meybohm Real Estate
7025 Evans Town Center Blvd.
Evans GA, 30809