$289,000
For Sale

178 ACADEMY STREET

Warrenton, GA 30828
9 beds | 5 baths | 0.95 acres | #536097
Browse 14 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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!

  • Property Details
      • Middle SchoolWarren County
      • High SchoolWarren County
      • Property TypeMulti-Family
      • Elementary SchoolM.E. Freeman
      • Property SubtypeMulti Family
      • SubdivisionWarrenville
      • CountyWarren
      • MLS #536097
      • Cost289000
      • MLS #536097
      • Acres0.95
      • Year Built1945
      • Bedrooms9
      • Bathrooms5
      • Full Baths5

Location

Sandy ButlerReal Estate Group
OR

Interested in Purchasing 178 ACADEMY STREET?

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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