1216 Meigs St Augusta, GA 30904

Welcome to 1216 Meigs Street, a great opportunity for investors and savvy homebuyers alike! This value-add tri-plex, located in Summerville in Augusta, Georgia, on a great corner lot on Meigs St. and Lackman Lane, offers the perfect blend of historical charm and endless potential for value-add improvements. Whether you are seeking a prime real estate investment or a unique residence with income potential, this property deserves your attention.The main unit in the house is around 1,300+ sq ft with 3 bedrooms and 1 full bath, featuring original hardwood floors and lots of character. Currently occupied by a tenant, this unit will be vacant at the end of the month, opening numerous possibilities. Additionally, the attic (500 sq ft)and basement (675 sq ft)apartments present an opportunity for updates and improvements, with each being a good sized 1 bed/1bath units. Once updated these spaces have the potential to become lucrative rental units in this great location for students and professionals, maximizing your monthly rental income. Please note that the property is being sold as-is, and we kindly request that you refrain from disturbing the tenant until under contract. Vacant units are available for showings.1216 Meigs is separately metered for electric, has 2 gas meters and all units share one water meter. The property has multiple heating systems but no central AC. The expansive lot provides driveway access from Lackman Lane, a great shade tree, and ample space to create a wonderful backyard area for your tenants.This tri-plex represents a fantastic opportunity for value appreciation once updates are completed and cash flow optimization. Whether you're an astute investor or an aspiring homeowner looking for an additional income stream, 1216 Meigs Street is full of potential, and you don't get opportunities like this property often where you can reap the rewards of Augusta's thriving real estate market once the updates are complete. Act now to schedule a viewing and take the next step toward securing your future in this prime location. (Seller is a licensed agent in Georgia)