Coastal Georgia Homes Search Results

$270,000

Whether you are an investor or an owner-occupant looking for flexible rental potential, this property offers a unique opportunity in a lower price range. The property includes a main residence of approximately 1,009 sq ft plus a detached rear cottage, known as 1008 1/2 Merry St, of approximately 512 sq ft, based on floor plan measurements. The rear cottage features 1 bedroom and 1 bathroom, is currently vacant, and was previously rented for $895/month. The main residence is currently occupied and expected to be vacated within the next two months, offering added flexibility for the next owner. The main home is currently configured with two dedicated bedrooms and one bathroom, plus a versatile additional room that may function as a third bedroom, home office, guest space, or den, depending on the buyer's needs. A buyer may choose to occupy the main residence and lease the rear cottage, live in the rear cottage while leasing the main residence, or add both residences to a rental portfolio. Estimated rental potential for the main residence may range from approximately $1,200/month as a 2-bedroom layout to approximately $1,400/month if used as a 3-bedroom layout, subject to buyer verification, market conditions, code, zoning, and any required approvals or improvements. Combined potential rental income may be approximately $2,095 to $2,295/month based on estimated main residence rent and prior cottage rent. Convenient Augusta location near the medical/university area with easy access from the Wrightsboro Road corridor. Some photos have been virtually staged for marketing purposes. Buyer to verify rental income, zoning, financing eligibility, bedroom count, square footage, occupancy timeline, and all information deemed important.

3 Beds ⋅ 2 Baths ⋅ 100579590 MLS

1008 Merry St, Augusta

Listing courtesy of ERA Wilder Realty.

$375,000

Rare Investment Opportunity in Augusta's Historic Summerville District! Nestled in one of Augusta's most sought-after neighborhoods, this unique triplex offers the perfect blend of investment potential and owner-occupant convenience. Two of the three units are already occupied, providing immediate rental income, while the third unit is available for you to move in--or rent out for additional cash flow. Located less than a mile from Augusta University and the thriving Medical District, this property is ideally positioned for students, medical professionals, and long-term tenants alike. Surrounded by the charm, character, and prestige of Summerville, this income-producing property presents endless possibilities for investors and homeowners seeking to offset their mortgage with rental income. Don't miss this opportunity to own a versatile property in a premier location with tremendous upside potential!

5 Beds ⋅ 3 Baths ⋅ 100578214 MLS

2220 Queens Way, Augusta

Listing courtesy of Re/max True Advantage.