For Sale
$380,000

2024 Broad StAugusta, GA 30904

Five-unit income property, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Augusta, Georgia investment opportunity encompasses a five-unit multi-use portfolio situated on a 0.59-acre lot at 2024 Broad Street, zip code 30904. The portfolio comprises four buildings totaling 3,825 square feet, including two single-family homes requiring renovation, a duplex with existing leases generating immediate cash flow, and a leased flex space. The duplex and flex space provide immediate rental income, presenting a strong value-add proposition. The flex space's land offers potential for expansion or additional storage. The property is zoned B-1, allowing for a variety of uses, from residential rehabilitation to commercial redevelopment. Located in a revitalizing area of Augusta, this portfolio benefits from proximity to major roads, local amenities, and the Downtown Augusta Business and Medical Districts. The asking price is $380,000, representing a compelling investment opportunity in a growing market experiencing significant revitalization efforts, such as the Turn Back the Block project. This portfolio offers a unique blend of residential and commercial potential, making it ideal for investors seeking a mixed-use strategy. The one-story buildings offer a total of five units.

Highlights

  • $380,000 asking price; $107,500 per building.
  • Value-add opportunity in a high-growth market.
  • Four units: one flex space, one duplex, and two single-family homes.
  • Strong immediate cash flow from duplex and flex space.

Property Details for 2024 Broad St

Property type
Mixed-use properties, Residential income homes
Square Feet
3,825 SF
Buildings
4
Stories
1
Lot Size (sq. ft)
25,700 SF
Units
5

Location Insight

City
Augusta
County
Richmond
State
Georgia
Latitude
33.4864723
Longitude
-82.0000817
2024 Broad St, Augusta, Georgia

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2024 Broad St
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