2024 Broad StAugusta, GA 30904

Property Details for 2024 Broad St

Year built

1910

Lot size

0.10 AC

Property size (Sq ft)

884 SF

Zone code

B-1

Property type

Land

Property subtype

Commercial land

APN

027-3-156-00-0

APU

273156000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $152,173

  Hospitality

  $139,390

  Educational

  $115,971

  Medical

  $119,959

  Retail

  $180,399

Location Insight

City

Augusta

County

Richmond

State

Georgia

Latitude

33.4864

Longitude

-82.0001

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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