$850,000

Estimated payment $5,226/month

Total Views 2,736
6 Beds
8 Baths
5,978 Sq Ft
$142 Price per Sq Ft

Highlights

  • Community Playground
  • Park
  • 2-minute walk to May Park
  • Johnson Magnet Rated 10
  • Multiple cooling system units

About This Home

Now available is this mixed-use investment opportunity. 602 Third Street in Augusta, GA - where history meets opportunity! Nestled in the heart of downtown Augusta's vibrant Olde Town district, this mixed-use gem offers eight units of potential waiting to be unlocked.Constructed in 1911 and recently updates, this charming property boasts a prime corner location at Walker Street and Third Street, directly across from the iconic Thankful Baptist Church. Whether you're drawn to its historic allure or its promising investment potential, this property has something for everyone. The property has 4 apartments upstairs., with 2 leased and 2 vacant There are 3 downstairs commercial spaces with an upcoming vacancy at the end of the month, perfect for someone to add their business to this location! 608 Third Street is a furnished 2 bed and 2 bath home with a MTM lease in place for the next 2 months. It has been fully updated with a new master-suite that features a BRAND NEW BATHROOM with double closets. The house also now has a laundry room and is being sold furnished. Reach out for the rent roll! Trust me, your investors will like what they see on this new rent roll! With three street-facing commercial spaces and separate entrances for the upstairs apartments, versatility is the name of the game. Picture yourself strolling past the beautiful brick exterior, imagining the possibilities for these unique spaces. Plus, with street parking readily available, convenience is always at your doorstep.Inside, you'll find separately metered utilities and shared water, ensuring efficiency for both you and your tenants. The shared laundry room adds convenience, while the vacant residential units present a blank canvas for your vision.Invest in more than just property - invest in a thriving community. Located in a growing area, the value-add potential here is undeniable. Whether you're a seasoned investor or a first-time buyer, 602 Third Street offers the perfect blend of history, opportunity, and potential income.Please schedule showing and do not disturb tenants or businesses.

Listing Agent

Danielle Meikrantz

Meybohm Commercial Properties License #401159 Listed on: 10/03/2025

Meybohm Commercial Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,953

Year Built

  • Built in 1911

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 5,978 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Full Bathrooms

Schools

  • Hornsby Elementary School
  • Hornsby Ws Middle School
  • Lucy Laney High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 0474350010

Community Details

Overview

  • 8 Units
  • Old Towne Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,953

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Deed Book And Page: 1569 1864
  • Listing Member Name: Danielle Meikrantz
  • Lot Size Acres: 0.1700
  • New Construction: No
  • Property Sub Type: Multi Family
  • Subdivision Name: Old Towne
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Full Bathrooms: 8
  • Total Bathrooms: 8.00
  • Total Bedrooms: 6
  • Total Sqft: 5978.00

Exterior Features

  • Construction Type: Brick, Other

Garage/Parking

  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Multiple Systems
  • Heating: Multiple Systems
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Playground

Lot Info

  • Parcel Number: 0474350010
  • List Price per Acre: 5000000.0000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Hornsby
  • High School: Lucy Laney
  • Middle School: Hornsby WS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $8,953 $247,568 $1,894 $245,674
2024 $8,953 $290,922 $2,959 $287,963
2023 $2,348 $35,064 $2,959 $32,105
2022 $2,243 $29,220 $2,959 $26,261
2021 $4,282 $103,088 $2,959 $100,129
2020 $2,020 $20,292 $582 $19,710
2019 $3,898 $91,317 $2,959 $88,358
2018 $3,097 $87,170 $2,959 $84,211
2017 $4,250 $87,170 $2,959 $84,211
2016 $4,252 $84,673 $0 $0
2015 -- $84,673 $0 $0
2014 -- $84,673 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $850,000 -- $142 / Sq Ft
Source: REALTORS® of Greater Augusta

Purchase History

Date Type Sale Price Title Company
Warranty Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,000 New Conventional
Source: Public Records

Source: REALTORS® of Greater Augusta

MLS Number: 547793

REALTORS® of Greater Augusta

APN: 0474350010