178 Academy St Warrenton, GA 30828
Estimated payment $1,615/month
About This Home
Ready to grow your investment portfolio or just getting started? Now available are THREE FULLY LEASED single-family homes located just outside Augusta, Georgia, in Warrenton. Each home rangesfrom 864 to 1,595 square feet and is situated on approximately 1 acre of land combined.This portfolio currently generates steady monthly rental income, with each property leased on a month-to-month basis. Tenants have a long rental history in the properties and like where they live. Also, tenants responsible for all utilities and landscaping, the properties maintain low controllable expenses, providing investors with minimized overhead and a favorable return environment.The month-to-month lease structure and current self-management by the sellers offer value-add potential with many rents in the area being higher than were the current owner is renting- but he is leaving those gains for you! Investors can explore rent increases, lease stabilization, or strategicupgrades to enhance returns overtime.This portfolio is ideal for investors seeking both immediate cash flow and long-term growth in a growing rental market. Don't miss this opportunity to acquire a well-located, income generating asset with room for immediate growth. Please DO NOT disturb tenants. Showings will be scheduled once under contract or with an LOI. Reach out to agent with any questions. Happy to help!
Listing Agent
Meybohm Commercial Properties License #401159 Listed on: 12/03/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Lot Details
- 0.95 Acre Lot
- Lot Dimensions are 74x162
Home Design
- 3,743 Sq Ft Home
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Schools
- M.E. Freeman Elementary School
- Warren County Middle School
- Warren County High School
Community Details
- 3 Units
- Warrenville Subdivision
Listing and Financial Details
- Assessor Parcel Number 13067
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,153 | $22,964 | $974 | $21,990 |
| 2023 | $1,066 | $21,203 | $974 | $20,229 |
| 2022 | $659 | $21,203 | $974 | $20,229 |
| 2021 | $659 | $21,203 | $974 | $20,229 |
| 2020 | $663 | $21,203 | $974 | $20,229 |
| 2019 | $665 | $21,203 | $974 | $20,229 |
| 2018 | $1,041 | $21,203 | $974 | $20,229 |
| 2017 | $628 | $20,684 | $974 | $19,710 |
| 2016 | $1,057 | $20,684 | $974 | $19,710 |
| 2015 | -- | $20,684 | $974 | $19,710 |
| 2014 | -- | $20,684 | $974 | $19,710 |
| 2013 | -- | $20,684 | $974 | $19,709 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2024 12/03/24 | For Sale | $30,000 | -- | $8 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $45,000 | -- | |
| Deed | $37,500 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $37,000 | New Conventional |
Source: REALTORS® of Greater Augusta
MLS Number: 536097
APN: W13-067
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