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$ 289,000
Est. payment /mo
Price Dropped by $1K
178 ACADEMY ST Warrenton, GA 30828
9 Beds
5 Baths
3,743 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,743 sqft
Price per Sqft $77
Subdivision Warrenville
MLS Listing ID 536097
Bedrooms 9
Full Baths 5
Originating Board REALTORS® of Greater Augusta
Year Built 1945
Lot Size 0.950 Acres
Acres 0.95
Lot Dimensions 74X162
Property Sub-Type Multi Family
Property Description
Ready to grow your investment portfolio or just getting started? Now available are THREE FULLY LEASED single-family homes located just outside Augusta, Georgia, in Warrenton. Each home ranges
from 864 to 1,595 square feet and is situated on approximately 1 acre of land combined.
This portfolio currently generates steady monthly rental income, with each property leased on a month-to-month basis. Tenants have a long rental history in the properties and like where they live. Also, tenants responsible for all utilities and landscaping, the properties maintain low controllable expenses, providing investors with minimized overhead and a favorable return environment.
The month-to-month lease structure and current self-management by the sellers offer value-add potential with many rents in the area being higher than were the current owner is renting- but he is leaving those gains for you! Investors can explore rent increases, lease stabilization, or strategic
upgrades to enhance returns overtime.
This portfolio is ideal for investors seeking both immediate cash flow and long-term growth in a growing rental market. Don't miss this opportunity to acquire a well-located, income generating asset with room for immediate growth. Please DO NOT disturb tenants. Showings will be scheduled once under contract or with an LOI. Reach out to agent with any questions. Happy to help!
from 864 to 1,595 square feet and is situated on approximately 1 acre of land combined.
This portfolio currently generates steady monthly rental income, with each property leased on a month-to-month basis. Tenants have a long rental history in the properties and like where they live. Also, tenants responsible for all utilities and landscaping, the properties maintain low controllable expenses, providing investors with minimized overhead and a favorable return environment.
The month-to-month lease structure and current self-management by the sellers offer value-add potential with many rents in the area being higher than were the current owner is renting- but he is leaving those gains for you! Investors can explore rent increases, lease stabilization, or strategic
upgrades to enhance returns overtime.
This portfolio is ideal for investors seeking both immediate cash flow and long-term growth in a growing rental market. Don't miss this opportunity to acquire a well-located, income generating asset with room for immediate growth. Please DO NOT disturb tenants. Showings will be scheduled once under contract or with an LOI. Reach out to agent with any questions. Happy to help!
Location
State GA
County Warren
Community Warrenville
Area Warren (4Wa)
Direction Three properties located in Warrenton. They are all within less than 10 minutes of one another. Use your GPS to locate each property.
Building
New Construction No
Schools
Elementary Schools M.E. Freeman
Middle Schools Warren County
High Schools Warren County
Others
Tax ID 13067
Listed by Danielle Meikrantz • Meybohm Commercial Properties
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