For Sale
$459,000

1602 Central Ave Augusta, GA 30904

Five-unit apartment building, fully leased, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional five-unit apartment building, located at 1602 Central Avenue in Augusta, Georgia, presents a compelling investment opportunity. Situated on a prominent corner lot near the medical district, Payne College, and Druid Park, this property offers immediate cash flow with all units currently occupied. Built in 1969, this two-story, Class C building comprises 1,600 square feet (buyer to verify), offering a solid foundation for a strong return on investment. The property's convenient location within the thriving Augusta area ensures consistent tenant demand. This is an ideal entry point for first-time multifamily investors seeking a stable and profitable venture. The asking price is $459,000. Public records indicate a building size of 1,600 square feet

Highlights

  • Five-unit apartment building in Augusta, GA, offering immediate cash flow with 100% occupancy.
  • Prime corner lot near the medical district, Payne College, and Druid Park.
  • 1,600 sq ft, two-story Class C building (buyer to verify).
  • Built in 1969, offering strong ROI potential.
  • Asking price: $459,000.

Property Details for 1602 Central Ave

Property type
Apartment buildings
Class
C
Year Built
1969
Buildings
1
Stories
2
Units
5

Location Insight

City
Augusta
County
Richmond
State
Georgia
Latitude
33.4678628
Longitude
-81.9969662

FAQs

What type of property is this?
Apartment building - Five-unit apartment building, fully leased, prime location.
Where is the apartment building located?
The property is located at 1602 Central Ave Augusta, GA.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Five-unit apartment building in Augusta, GA, offering immediate cash flow with 100% occupancy.; Prime corner lot near the medical district, Payne College, and Druid Park.; 1,600 sq ft, two-story Class C building (buyer to verify).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1602 Central Ave
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